{"id":39067,"date":"2016-12-27T16:29:08","date_gmt":"2016-12-27T09:29:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-future-of-myanmar-real-estate-could-lie-in-this-sector\/"},"modified":"2016-12-27T17:28:02","modified_gmt":"2016-12-27T10:28:02","slug":"the-future-of-myanmar-real-estate-could-lie-in-this-sector","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-future-of-myanmar-real-estate-could-lie-in-this-sector\/","title":{"rendered":"The future of Myanmar real estate could lie in this sector"},"content":{"rendered":"


\nAn \u2018industrial revolution\u2019 is coming
\nPorters carry a load up to a ship in the port of Myeik in Myanmar. anandoart \/ Shutterstock.com
\nThe number of inquiries on industrial land and buildings has more than doubled over the past year, according to Verity Ramsden, associate director for advisory services at Yangon-based real estate firm Slade Property Services.
\nWriting in Frontier Myanmar, a local English-language weekly magazine, Ramsden noted that Myanmar industrial real estate provides returns of around 15 to 20 percent a year. \u201cWhereas a few years ago everyone wanted to talk about hotels and condominiums, now investors are seeing the real potential in the industrial market,\u201d\u00a0she said.
\nMore: Illegal foreign-owned property in Yangon must stop, says MP
\nNew industrial and special economic zones have emerged across the country. A particularly popular project is Thilawa SEZ, a 2,500-hectare special economic zone that opened last year, with a second phase due for completion soon.\u00a0Foreign direct investment into the industrial park has hit almost USD1 billion.
\nThilawa has generated a spike in job opportunities, leading to a notable rise in high-end housing around the townships of Kyauktan and Thanlyin where the SEZ is situated.
\n\u201cAs with many elements of Myanmar\u2019s opening up, industrial real estate has a few complications and hurdles to overcome to be truly competitive with the rest of the region,\u201d Ramsden said. \u201cHowever, for investors, developers and occupiers, all the current signs are promising, and it looks like Myanmar is due an industrial revolution in the years to come.\u201d
\nRead next: Myanmar marine tourism gaining luxury reputation
\n
\nSource : property-report.com
\nRead more…The future of Myanmar real estate could lie in this sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An \u2018industrial revolution\u2019 is coming Porters carry a load up to a ship in the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-39067","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aa7","jetpack-related-posts":[{"id":13350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yangon-to-host-inaugural-property-report-congress-myanmar\/","url_meta":{"origin":39067,"position":0},"title":"Yangon to host inaugural Property Report Congress Myanmar","date":"May 17, 2016","format":false,"excerpt":"\r PropertyGuru\u2019s high-level conference debuts in\u00a0one of Asian real estate\u2019s \u201clast frontiers\u201d Image credit: Exoticvoyages.com Property Report, Asia\u2019s leading luxury real estate, architecture and design publication, will bring for the first time the successful real estate networking conference Property Report Congress Myanmar to the Sule Shangri-La Yangon on Thursday, 30\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/meet-the-winners-from-the-myanmar-property-awards-2016\/","url_meta":{"origin":39067,"position":1},"title":"Meet the Winners from the Myanmar Property Awards 2016","date":"July 1, 2016","format":false,"excerpt":"\r Shwe Taung takes home the Best Developer gong, while\u00a0Keppel Land and Capital Land among top winners All together onstage: the Winners and Highly Commended at the Myanmar Property Awards 2016 Drumroll please! 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Serge Pun, executive chairman\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29461,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-bridge-that-will-change-yangons-real-estate-landscape\/","url_meta":{"origin":39067,"position":3},"title":"The bridge that will change Yangon\u2019s real estate landscape","date":"October 11, 2016","format":false,"excerpt":"\r Roads and other infrastructure projects from the Myanmar government and foreign entities will diversify growth around\u00a0the country\u2019s largest city Pedicabs at Dala township in Myanmar. maodoltee\/Shutterstock With the right infrastructure projects, and a little help from the World Bank, property growth could radiate from its present concentration in downtown\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16644,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-one-thing-keeping-myanmar-real-estate-from-blossoming-is\/","url_meta":{"origin":39067,"position":4},"title":"The one thing keeping Myanmar real estate from blossoming is\u2026","date":"June 15, 2016","format":false,"excerpt":"\r Hint: It\u2019s not a cyclone Photo by Sassy Bairan Sky-high levy by the Myanmar government on property transactions has had a chilling effect on real estate activity and even encouraged tax evasion. 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