Property Interviews

The Century Condominium was built with the purpose for the customers to be able to live in standard condominium. The design of the century condominium is drawn by Htai. The Century Condominum includes 24 floors, 2 basements and 5 floors for car parking. Adult swimming pool, children swimming pool, spa, gym, yogurt room, sauna, barbecue area and coffee shop are provided as facilities. The Century Condominium would be built in coming May. The project period is scheduled for three and half years. Sales are being opened and the customers can but at Sale Gallery on Yangon-Insein Road. The Century Condominium is situated in the city centre. It is divided into 4 types of rooms. The price for...

Pyay Tower started ceremony programs at 7:30 pm and San Htut and Jassica Da Da served as presenters. U Ye Myat Thu, Managing Director of Noble Twin Dragons and CEO MS.Jennifer gave opening speeches to the participants. Then, 5 million for Yankin Children Hospital and 5 million for army troops were given by Ko Ye Myat Thu. Moreover, the gusets were served with entertainment programs and dinner. After finishing entertainment, four lucky people of the customers who bought one bedroom condo were invited and one of which was chosen as a lucky draw winner. After all the programs were finished, the ceremony was successfully ended.

Inzaliphyo Construction Co., Ltd was founded in 2000. Condominiums and apartments are being built mostly. The buildings are built most in Sanchaung, Hlaing, Kamayut, Tamwe, and Kyautmyaung Townships. In addition building as developer, cooperating with the landowners is carried out by Inzaliphyo construction. Payment is not specified consistently and it is coordinated for customer’s convenience. Inzaliphyo Construction serves for the resident to be able to convenient and to be ready to live in the rooms. The pre-order buyers can coordinate their desired type with the construction. The average price for 19×50 feet apartment is 55 million MMK and the price for 2000 sqft condominium...

Be Home Real Estate Agency had been working since October 2013 and serve in every township. Apartments, condominiums and single houses rental services are being carried out mostly. Yangon’s real estate market condition was in climax. This fact is a block for the city’s development and improvement. It is expected that the market condition would be better in the future. Moreover, Be Home Real Estate Agency is cooperating with other agencies, so, the customers can be reliable on Be Home Real Estate Agency.

Asia Builder Construction Co., Ltd was founded in May 2014. Currently, 6-storey and 3-storey buildings and 12 and half-storey luxury condominiums are being built. As normal-class people cannot be affordable for the real estate pirce, qualified apartments with fair price get their interest. Most of the buildings is existed in South Okalapa Township, a transportation place and is situated near downtown. The pre-order sales are provided and 20 % of the pre-order have been sold out. The apartment buyers see the transportation condition, the quality and integrity of apartments, and the constructed company. Therefore, Asia Builder Construction Co., Ltd is building depending on those...

Aung Emperior Real Estate Agency serves about the ownership documens in detail. While the customers purchase the plot, the company serves to get the deed for the plot. Currently, the rental market is increased. The price for 12×50 sqft of the top floor in Lanmadaw Township is between 55 million and 60 million. The market changes can depend on the environmental situation and construction costs. The customers should dedicate in the real agents which are serving officially for the customers.

The international standard of condominium projects are emerged in the market. However, there are less standard of condominium projects in the market in which construction materials and car parking have not completed while the room is delivered. Condominium Law is currently still being discussed in parliament so the ownership is not sured before it can be approved. As the price of Shwe Lin Pan’s low-cost housing project is round about 12 milion MMK, it was be really successful. Government should deploy many lands to develop many low-cost housing projects and needs to provide long-term installment plan. Buying to stay or to invest temporarily should be made but long-term investors are...

The bubble piercing means that the entire market is destructed because of falling prices. For example, once in Thailand in 1997, once in United States in 2008; banks provided loans to be able to invest in real estate sector. As the prices are falled down in the market, there are few buyers and most sold their real estate with low price. Banks did not get back the loans but they were bankrupt becaues of Central Bank’s Recovery. Currently, most of the projects building in Myanamr are being built with bank loans. The low rate of financial flow can affect the bankings. It was a monitoring period for the developers.

Before 2012, most people in Myanmar have many sectors besides real estate market to be invested. After 2012, not only car markt falled in prices but also gold and dollars market faced many fluctuatuions in market prices. Therefore, the real estate market became a key place to be invested. Most of the illegal foreign currency is invested into the real estate market, so, the prices are excessively high. 2015 transaction is very stable because of the upcoming election, the emergement of stock markt investment, controlling the tax rates in real estate marketand the flow of illegal currency. It is being monitored how to become in 2015. If the election results are good, the current market...

Aung Emperior Real Estaet Agency had been working in 2014 and served in every township. The current real estate market in Lanmadaw cannot be estimeated at the present time. The township for most transaction cannot be said. The customers dedicates their plot and single houses fro sale at the agency. The customers’ datas are served to advertise in the advertising journals. Morevover, the services for the customers who want to buy by looking for the data matching with the desired price.