Affordability issues continue to persist in Yangon
A slight uptick in overall sales of condominiums in Yangon follows pricing promotions for many projects, but, Colliers sees the performance as temporary, and the strategy as financially unsustainable.
The Myanmar tourism sector is seeing necessary reforms and legislation put in place that will facilitate its sound development in the future
"We can only hope that this journey will be managed in a sustainable manner, learning from the lessons from some of its peers in the region.” Daniel Voellm, Managing Partner at HVS Asia Pacific
Yangon "limited or non-serviced apartment sectors to watch" - Colliers International
Tony Picon from Colliers International reviews the Myanmar property landscape and says "The waiting game is nearly over for potential investors in Myanmar."
Wyndham Hotels & Resorts Continues Robust Growth in Asia Pacific in 2024
Wyndham Hotels & Resorts, the world's largest hotel franchising company set records by awarding 286 contracts and opening 220 new hotels across Asia-Pacific, representing 9% Y-O-Y net room growth.