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Myanmar: Agents predict property prices to rise in 2011

Posted on 17 November 2010

From Mmtimes.com: Property prices are set to rise next fiscal year as foreign investors home in on the Yangon real estate market, industry sources say. “Sales and prices are cool now, but things will get brisk in March and April as investors hunt for property,” said Daw Myo Theint Theint Htwe, the manager of Yong Xin real estate agency.
July to September sales were brisk as local investors put their money into real estate ahead of last week’s election. Then, unlike in previous years, the market cooled in October as would-be buyers and sellers awaited the results of the poll, she said……………………………………….Full Article: Source


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