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.
Tag: property bubble
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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Justin Calderón 