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

Khao Lak Hotel Supply Continues To Expand

Category: Hotels, Posted:22 Oct 2020 | 06:00 am Despite the downturn of Covid-19, hotel investment confidence in Khao Lak remains positive in the long term. One sign of this is a newbuild Pullman-branded Khao Lak Resort Is set to open on 1st December. The 253-key beachfront hotel and villa property features a design by Martin Palleros of Tierra Design.  Palleros is the architect […]
Read more

Minor’s Bill Heinecke Speaks Out About Chinese Return

Category: Hotels, Posted:21 Oct 2020 | 11:40 am We had a candid conversation a few days ago with Minor International’s Founder and Chairman Bill Heinecke about Thai tourism. Two key takeaways from the conversation were: The Asian financial crisis of 1997 was a walk in the park compared to the damage to the Thai economy during Covid-19. Thailand must find a way to […]
Read more

Asia’s Largest Hotel Investment Conference Next Week

Category: , Posted:16 Oct 2020 | 15:28 pm HICAP, Asia’s biggest hotel investment event of the year is set for next week in a 3-day virtual format. Scheduled for 21st to 23rd October, this is the first year the conference will be live online and not in person, in Hong Kong. C9 Hotelworks Bill Barnett will be moderating a special Thailand panel of […]