Local real estate service website iMyanmarHouse.com on January 10 opened the country’s first real estate call center to provide a wide range of real estate information to the general public.  The call center aims to serve those looking to buy, rent, sell or lease a house, make long term investments in the real estate sector, apply for home loans...

Dollar rate hits K1,700

The dollar rate has been strong against Myanmar Kyat since the military coup reaching over K1,700 per dollar on August 11. This is the second time that the dollar rate against Myanmar Kyat reached over K1,700 within six months after the coup compared to K1,355 per dollar before the...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Yangon’s real estate rental market sees lower rental fees as landlords lower their rental fees due to lower demands.  “There are some activities. But rental fees are lower,” an official from Myanmar Real Estate Services Association, told Myanmar Business Today. Transactions in the real estate sector almost stopped during...
After the Central Bank of Myanmar has tightened the dollar exchange rate to between 0.5% of its reference rate by an order issued on November 9,  the dollar rate against Myanmar Kyat has dropped to MMK 1,778 per dollar today. Following the order, there were more buyers than sellers in...
Upscale Yangon real estate property Golden City has launched a New Year promotion campaign offering discounts on condominium units, to end March 31. With Phase 1 and Phase 2 now completed, Golden City has seven residential towers targeted at young professionals and families. The development features facilities including a swimming...
vol 7 , Issue 43 Marga Landmark has officially opened its door Yangon’s first retail walking street, “The Central Boulevard”. Located along Inya Lake and directly underneath The Central, Marga Landmark’s luxury mixed use development is located at the corner of Kanbe and Kabar Aye Pagoda Road. “The Central Boulevard is...
Japan has expressed interest to participate in the Dawei Special Economic Zone located in the Tanintharyi Region, according to U Myint San, Vice President of the Management Committee for SEZ.  Myanmar, on November 5,  invited international partners to invest in the SEZ project under Government to Government Collaboration and received...
Part 1 of the Yangon Elevated Expressway project is estimated to cost $800 million, according to U Han Zaw, Union Minister of the Ministry of Construction, at the meeting by Steering Committee on Implementation of Yangon Elevated Expressway and Outer Ring Road. The meeting was held to discuss the...