Commercial real estate is booming in Myanmar’s capital city of Yangon as foreign companies respond to economic and political reforms by setting up shop in the Southeast Asian nation.
Top-end office spaces in the city are commanding rents higher than anywhere in Asia with the exception of Beijing, Shanghai and Tokyo, and numerous skyscrapers are in development to meet the rapidly increasing demand.
For years, Yangon’s buildings remained stunted compared to cities in more prosperous...
Did You Know?
Common local unit of weight is peiktha (viss), which equals to 3.6 pounds. Most common unit of measure is feet and inches. ... More