• Real Estate

    OBG’s real estate market analysis includes detailed information about supply and demand in the residential, commercial and retail segments. We cover major development projects by local and international investors and examine changes in the regulatory framework and bank lending practices.
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Construction activity has increased significantly in Myanmar as the country works to address gaps in transport and power infrastructure, as well as an affordable housing shortage. The creation of several economic zones aimed at attracting investment and new cities over the coming years is expected to further the expansion. Cooperation with...

Chapter | Construction & Real Estate from The Report: Myanmar 2020

Construction activity has increased significantly in Myanmar as the country works to address gaps in transport and power infrastructure, as well as an affordable housing shortage. The creation of several economic zones aimed at attracting investment over the coming years is expected to further the expansion. Cooperation with international organisations and partners such as China, Thailand and...

Foreign companies are showing interest in Myanmar’s geostrategic location, abundant natural resources and youthful population. A focus on following international best business practices and reducing the informal economy, paired with an annual GDP growth forecast at around 6% in the coming years, is setting Myanmar on a path to catch up with some regional peers.

 

Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world. According to the UN, in 1950, 751m people lived in urban...

 

Construction in Dubai was a major factor in the expansive economic growth seen in the early 2000s. Indeed, it was a popular claim that the emirate was home to 20% of the world’s cranes at the height of the boom in 2006. However, the sector has witnessed a slowdown in recent years as lower oil prices depressed consumer demand. This was...

 

Despite the real estate market’s subdued performance, one of the largest brokerage firms in the US opened up a new office in the emirate, which is expected to boost investor confidence and reinvigorate the sector. In May 2019 Berkshire Hathaway HomeServices (BHHS) announced its arrival in the Middle East market with the opening of a new office...