Kantharyar Centre International 5A Commercial & Business Office Spaces | Yangon , Myanmar
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Kantharyar Centre International 5A Commercial & Business Office Spaces ( Yangon , Myanmar)
About Slade Property Services:
SPS is a 100% foreign owned company that was incorporated on the 13th of March 2014. The company is owned by Slade Property Services (Asia) Pte Ltd (“SPS Asia”), a Singaporean private limited real estate advisory company. Both companies were founded by Hugo Slade, a British expatriate who has been operating in Yangon, Myanmar since April 2013.
MYANMAR'S OFFICE MARKET :
The office market in Yangon was slow to react to the economic reformation of Myanmar and the subsequent increased levels of demand from both national and international occupiers. As a result, office rents are higher than most major established locations around the world, with 2014 rents sitting higher than anywhere other than Beijing and Shanghai.
The current Retail Market in Yangon is mostly made up of local retailers, with a few international retailers increasingly moving into the market as Myanmar continues its transition, and more disposable income becomes available to its consumers. The majority of international retailers in Myanmar are entering the local market, not by making an official move into the country, but through partnerships, joint ventures and franchises with local partners who are distributing their products, easing the process of companies gaining a presence in the Myanmar market – although potentially lessening profit margins.
The residential market in Yangon has been grossly undersupplied in recent years. As a result, residential sales prices are incredibly high for a small and underdeveloped market like Yangon. Sales prices for major apartment developments tend to be in the region of $3,000 – $5,700 per sq m, and these vary considerably with factors such as size, location, land title and supporting facilities.
MWEA Tower Suite 1-05,
288/290 Shwedagon Pagoda Road,