The second Myanmar Real Estate Summit (MRES), held in Yangon from September 30 to October 1, concentrated on pivotal issues, for investment in the country’s real-estate development and property sector.
The sector is booming as investors respond positively to the country’s economic and political reforms. Burgeoning demand and new opportunities are attracting investments from around the world.
The extent of this can be judged by the fact that Yangon enjoys the highest property prices in Southeast Asia.
The explosion in tourism is also leading to an acute shortage of hotels, residential buildings and mixed-use projects. more…