A rallying economy and higher levels of liquidity are helping to put Nigeria’s real estate sector on the path to recovery, although infrastructure shortfalls and a lack of affordable offerings in the mid-market range could still curb growth.
A rallying economy and higher levels of liquidity are helping to put Nigeria’s real estate sector on the path to recovery, although infrastructure shortfalls and a lack of affordable offerings in the mid-market range could still curb growth.
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...
With increasing demand for housing, public transport and utilities infrastructure, the Yangon authorities are making determined efforts to develop the city. The Yangon City Master Plan, an updated version of which was drawn up at the end of 2016, presents detailed proposals for the upgrade and expansion of the city’s capacity. These plans...
Hopes are high that a recent move to clarify regulations governing the sale and development of condominiums in Myanmar will boost their demand. The Condominium Rules, published by the Ministry of Construction (MoC) on December 15, 2017 ease restrictions on foreign ownership, clarify aspects of the law and provide greater safeguards for buyers...
Emerging only recently as a real estate investment destination, the Myanmar property market has gone through a period of adjustment since 2013. After a lengthy course of isolation, an initial burst of interest in the country from many global companies, governments and non-governmental organisations led to a surge in demand for residential and...
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