The Myanmar Times
Tuesday, 22 July 2014
The Myanmar Times
The Myanmar Times

Foreigners prefer stand-alone houses over condos, estate agents say

Foreigners are expressing a preference for renting detached houses rather than condominiums or apartments, as catering to foreign clients becomes a growing market for Myanmar real estate agents.

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Finding a detached home with a fair price

Asking K2.3 million a month to rent a fully detached house is a tall order in Yangon’s property market, but that’s what the owners of this 4000 square foot house on a 7225 sq ft compound in Thingangyun township is seeking.

 

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Safety first? The building boom

If the sheer number of “Safety First” signs were any indication, Yangon’s construction sites would be safe places to work. But workplace safety is often not the highest priority.

 

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Condo Law sent back to the drawing board

Weaknesses in the recently completed draft Condominium Law need to be addressed before it can be promulgated, according to officials from the Department of Human Settlement and Housing Department (DHSHD).

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Make a social statement

This modern building on Mindhamma Road in Myanagon township is beautiful, but equally impressive are its skyline views.

 

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Zone plan falling back

The Yangon zoning plan is behind its originally completed target date, as consultations are set to stretch into June.

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Finding room to grow

It’s rare to find a sprawling house in Yangon, but this Ahlone compound could be just the thing for someone who is looking to spend US$12,000 per month. 

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Changing faces of Chinatown’s property

The property market in Yangon’s Chinatown is rapidly changing, as its streets become famous for late-night beer shops and a range of stores popular among foreign tourists, expats and Myanmar people alike.

 

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