Yangon, a missed investment opportunity?

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WE were fortunate to be among the first real estate consultants to do business in Myanmar. Since 2012, we have seen a rapid transformation of the urban landscape in Yangon. During a recent trip to conclude a consultancy work for a Japanese client, we are glad to see some of our earlier consulting work completed or near completion and also played a part in bringing the positive changes to the city.

Download to read more: 201706 – Yangon, a missed investment opportunity – Herald June 2017 Issue

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Yangon Serviced Apartment Market Quarter Update 1Q2017

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We made a visit to conclude a consultancy work where we review the performance of one of our favoured real estate sector. The Yangon Serviced Apartment Rental Index registered a slight decline in 1st quarter 2017 though the overall market occupancy rate increased by 1.3 percentage points. Amazingly, the occupancy at the relatively newer offerings like Marina Residence, Golden Hill Tower and Shangri-la Serviced Apartment remained at near 100% in the quarter with long waiting list. Is this a right time to enter the market?

Read our report to find out more: FundPlaces_Yangon Serviced Apartment Market Quarter Update 1Q2017

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Yangon Serviced Apartment Market Update 4Q2016

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Yangon serviced apartment continued to show its resilience in the 4th quarter of 2016. Our Yangon Serviced Apartment Rental Index showed that rents inched up 0.3% quarter-on-quarter in 4Q2016. At current rent, the serviced apartments in Yangon commands rentals that are close to that of serviced apartment in prime Singapore locality.

The overall market occupancy remained high at 96.5%, with full occupancy in the relatively newer projects. The serviced apartment sector remains as our favourite sector for exposure to the Yangon real estate market.

Click here for the full report: FundPlaces_Yangon Serviced Apartment Market Quarter Update 4Q2016

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Is Yangon’s real estate market ready for retail investors?

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Expectations were high when the new Government was elected last year. One year on, it has become apparent that a lot of work remain undone. Looking ahead, the ingredients for the growth of the real estate are in place, including the robust economy growth and the influx of foreign direct investments. What is the outlook of Yangon real estate market? Which sector to invest in? What should investors look out for when investing in Myanmar? We shared our thoughts in The Edge.

Click here for the full article: Is Yangon’s real estate market ready for retail investors

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Bright Spots In IndoChina’s Property Market

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The IndoChina property market has caught the imagination of the investing public in Singapore over the past few years. The hot favourite over the last 3 years has been the residential property market in Phnom Penh, Cambodia.  Increasingly, there has been more positive vibes over property in the resurgent Vietnam property market and increasing curiosity over the potential for growth of the Myanmar properties. While investing in each of these countries carries its different unquantifiable risks, it might be worthwhile looking at the measurable factors prior to investing in any of them.  We review some of the typical quantifiable fundamental drivers of demand for real estate in this article.  (more…)

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Colliers Bets Big on Office Space

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(Source: Myanmar Business Today, 29 March 2016) Despite the recent surge in office space in Yangon, the low occupancy rates are set to rise with expected incoming foreign investment after the new government settles into parliament, according to Colliers’ recent report. It also expects the occupancy and rentals of the retail and serviced apartments sectors to increase in the near future. However, it expects a decline in the high-end hotel construction, occupancy rates and the average daily rate. The selling price and take-up rates of residential condominiums are expected to stay flat. (more…)

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