In November, 2013, I set out to find a suitable apartment in Yangon. The below entry details some of my experiences in locating housing in a real estate market where serviced condos and office spaces are leased for higher rates than in Singapore.
Category: Real Estate
Following real estate speculation
Myanmar 2 years on: Overseas banking and the telecom revolution
When I first visited Myanmar in 2011, power cuts were frequent, ATMs were exasperatingly inaccessible for customers of non-domestic banks (forcing visitors to budget their entire trip ahead of time!) and SIM cards were, quite insanely, around the 500-dollar mark. At the time, Hillary Clinton was scheduled to arrive in the next two weeks, tasked …
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Myanmar: Yangon property prices surpass LA and Dubai
The dilapidated city of Yangon, Myanmar's commercial center, which is plagued by brown outs and derelict infrastructure, is becoming a surprisingly hot property market, as I reported on August 14 for Inside Investor. Ironically, the city's shortcomings -- as well as the privatization of previously government-owned estates -- are actually a major contributor to skyrocketing …
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Look Back at 2011: Real Estate Bubbles in China
'Tis that time of the year once again: Those 168 hours of tradition-induced reflection and introspection that occur every year between Christmas and New Year's Eve. Yet, while I have been up to my own fair share of resolution ruminating, it is the end-of-the-year roundup of past events that news podcasts and websites get caught …
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Overdeveloping China creates speculation and elitist markets
With all the huffing, puffing, moaning and yelping about international debt crises, one has got ask how China is maintaining its frantic "building binge." Today, the GlobalPost published my analysis of the current infrastructure and property development problems in China, notably in urban centers such as Shanghai and Chongqing. This story began its life during …
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Justin Calderón 