Supply finally meeting Demand? Expatriate Housing in Yangon, Myanmar
Two years ago the economy in Yangon was booming. Recently, however, apartment rents have decreased, since supply is ample and construction of new executive-quality units is ongoing. Rents for houses have remained stable for the most part, with landlords preferring to leave properties vacant in areas such as Golden Valley rather than decrease the rent. Sources said fewer assignees are coming to Yangon as some companies are waiting to see how the political situation evolves before sending new expatriates.
Data Points brings you the latest updates from our Housing, Goods & Services, and Tax departments based on our expert international surveys, which are conducted by our global data collection team on-location.
This quarter's cost-of-living surveys were conducted primarily in Europe, Asia, and mainland Southeast Asia.