TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

PRICE WATCH Myanmar Property Hits The Roof

Category: Real estate, Posted:13 Jan 2013 | 06:00 am

Investors are closely looking at property prices in Myanmar with a mix of interest and amazement.
Too far, too fast is often expressed in a market which has seen office rentals in Yangon skyrocket to over USD150 per square meter, or nearly tripling in a year.
Land prices for vacant CBD property in the city are moving up past USD4,000 a square meter, while the ownership tenure remains a question mark.
While there has been a rush to develop existing historical properties demands from local owners of huge amounts of key money and significant partnership stakes is running rampant.
The crux of the current issue is can developers afford to be in the market or can they not afford to be there given high demand? Time will tell.

Other News

Read more

Registration Open For Asia’s Sustainable Hospitality Learning Event PHIST 2024

Category: Hotels|Tourism, Posted:04 Jul 2024 | 15:41 pm PHIST (Phuket Hotels for Islands Sustaining Tourism), Southeast Asia’s biggest sustainability event for the travel and hospitality sectors, will return to spark conversation and drive the green agenda this September, with an impressive line-up of key figures and industry innovators led by Peng Sum Choe, CEO of Pan Pacific Hotels Group. Led by the Phuket […]
Read more

Direct Bali Phuket Flights Return in Phuket

Category: Hotels|Tourism, Posted:14 Jun 2024 | 08:15 am The once popular Phuket Bali flight route will see AirAsia restart direct flights from 10th August 2024. AirAsia Indonesia will be the carrier and flight frequency will be three times a week. Bali hosted nearly 600,000 international visitors in May with Australia ranking 22.5% share, followed by India with 11.3% and China on the rise […]
Read more

Registration Open for Mind the Gap – Women & Diversity in Hospitality – A Learning Event

Category: Hotels|Tourism, Posted:13 Jun 2024 | 09:55 am Diversity, inclusiveness, and equality are core issues for the hospitality industry. C9 Hotelworks and the Phuket Hotels Association have organized a learning event titled ‘Mind the Gap, Women & Diversity in Hospitality on Saturday 31st August at the SAii Laguna Phuket. Join us in this unique, candid, and insightful half-day session that takes a closer […]
SiaJai logo

Thailand's Leading Homecare Marketplace