"Myanmar’s economy to grow by 6.4% over Sept 2018-2019"
Colliers International Myanmar recently provided insights into how it believed the government could turn things around by establishing a favorable environment for a thriving private sector.
Interim census planned for November this year - to review growing social and economic affairs
Rapidly growing social and economic affairs in Myanmar have triggered a plan for an interim census to be held this year announced by the Ministry of Labor, Immigration and Population.
Yangon government invites investment in 80 priority projects included in the Yangon Project Bank
The projects are spread across multiple sectors including real estate (residential and commercial), industrial zones, roads, ports, and other urban infrastructure developments such as markets and parks.
“Frontier Market: Enhancing Property Values” event held by Colliers International Myanmar
Attendees present include the representatives from the press, Yangon City Development Committee (YCDC), and major developers such as Sae Paing, Yangon Golden Paragon, Mottama Holdings, Yoma Land, Capital Diamond Star Group, Inno Group and Golden Land Real Estate Development.
Magwe region received K1.5 billion in investments between Oct 2018 and April 2019
The Magwe Region, the second largest of Myanmar's seven divisions, has seen K1.5 billion invested recently according to the Regional Minister for Planning and Development U Zaw Min
“With the assistance of Japan, concerted efforts are being made to develop Yangon public rail transportation system,” said U Thant Sin Maung, Union Minister for Transport and Communications.
Colliers International Welcomes New Head of Property Management
Colliers International Myanmar has recently announced the on boarding of their new Head of Property Management, Mr. Ariel Vitor effective last May 1, 2019.
U Win Khant, Permanent Secretary of the Ministry of Transport and Communications confirms efforts to start construction on the Hantharwaddy International Airport in Bago.
Gurner St Moritz $30m penthouse breaks Melbourne record after being sold to Antony Catalano
Luxury property developer Gurner has smashed Melbourne’s price record for the most expensive apartment sale, contracting the illustrious $30m penthouse at its ultra-luxury Saint Moritz development in St Kilda to a high-profile Melbourne family.
Karlo Pobre, Deputy Managing Director for Colliers International Myanmar and Paul Ryan Cuevas, Analyst for Research, Valuation and Advisory of Colliers International Myanmar reveal that Yangon's serviced apartment sector saw marginal increases in occupancy, in the Yangon Serviced Apartment Market Quarterly Report Q2 2018.