Myanmar Market Bounces Back Post-Election

• Proeksa Meas
• 16 January 2016
• Local News
• 1663 Views

Myanmar’s real estate market has seen buoyant growth following the peaceful conclusion of the national elections in November, according to Myamnar Business Today.

Following a sustained period of rapid growth between 2011 and 2014, the market stalled last years as investors showed nervousness about the upcoming elections.

Property agents in Yangon are now seeing rises of up to 20 percent in the rental market which is the main driver in Yangon.

U Aye Win, owner of Tha Du real estate agency also told Myanmar Business Today that the market for land worth $50,000 and $100,000 has also recently opened up again.