Yangon Market Losing it’s stream

Prices have so far not shown the massive increases of the last two years, and appear to be levelling off, said U Khin Maung Aye, senior agent at Shwe Kan Myae.
“Yangon’s real estate market is facing slowing transactions,” he said. “Numbers are quite down compared with 2012 and 2013 because of high property prices.” He estimated that transactions are occurring about 50 percent less as they did 12 months ago. Current prices in Yangon’s core townships sit around K100,000 to K300,000 for a square foot, said Mya Pan Than Khin real estate agent Ko Min Min Soe.

    LEAVE A COMMENT

    Your email address will not be published. Required fields are marked *

    Comment moderation is enabled. Your comment may take some time to appear.