Sentiment in Oman’s real estate sector remains cautiously upbeat in the face of a downturn in the global price of oil and the consequent impact on government spending plans in the sultanate. Residential rental prices have softened in some areas, with landlords preferring to trim prices to avoid untenanted periods in their properties, but in new fashionable developments lettings and sales have...
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Chapter | Real Estate from The Report: Oman 2017
Despite ongoing economic pressures associated with the drop in oil prices, Oman’s diversification strategy and efforts to enhance wider revenue streams are beginning to bear fruit, as witnessed by continued growth in the non-oil sector despite dropping incomes and wider regional instability.
Articles & Analysis | Long-term forecasts for Myanmar's real estate sector remain positive despite excess supply from The Report: Myanmar 2017
After years of rapid growth following the start of the transition to civilian government in 2011, Myanmar’s real estate sector slowed in 2015 and 2016 as a supply surge of new office space weighed on rents and occupancy. Condominiums and high-end residential property also saw growth slow, with some stakeholders arguing rents have been...
Interviews & Viewpoints | Omar Shahzad, Group CEO, Meinhardt Group, on how to attract investors to the country: Interview from The Report: Myanmar 2017
What measures can be taken to encourage foreign investment in Myanmar’s infrastructure?
Interviews & Viewpoints | Wong Heang Fine, Group CEO, Surbana Jurong, on strong partnerships and fruitful collaborations: Interview from The Report: Myanmar 2017
To what extent will the development of smart cities have an impact on the economic progress of the ASEAN region, in your opinion?
Interviews & Viewpoints | U Win Khaing, Minister of Construction, on industry standards and key drivers of demand: Viewpoint from The Report: Myanmar 2017
The construction sector is going through a reform process under the new government, with particular emphasis on quality control and the rules, regulations, codes and standards that govern the sector. The institutional framework required to drive this new approach puts the Ministry of Construction in the driver’s seat, and there are a number of...