Mandalay FM Interview with U Nay Min Thu, Managing Director of iMyanmarHouse.com (Part 1)

Posted by May Thet Hnin (iMyanmarHouse.com)

The real estate market in Myanmar was in stable condition start from early 2014 before 2015 election. After election, both of the sales and rental were recoveried in Yangon, Mandalay and other cities.
While the transaction has been improved more than before, the price has been decreased. The stock market is likely to emerge in 2016 and the real estate market condition could be changed depending on the large scale of the stock market.

U Nay Min Thu said that according to the swithch to the new government, the market condition could be changed. For example, in accordance with the Singapore Government’s policies, the real estate prices have dropped 10 percent to 15 percent during 2013 to 2015.