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."
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
IDeaS Revenue Solutions Asia Pacific Vice President Rachel Grier outlines the key levers that hoteliers need to consider in order to protect revenue and profits during the downturn.
Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey
CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.