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Everything you need to know before buying real estate is included in our Myanmar Property Pack
Thinking about buying a 3-bedroom apartment in Yangon? It’s a vibrant city, but you're probably wondering: is now the right time to buy, or should you wait for prices to drop?
And what about long-term investment—should you look into other regions like Mandalay or Naypyidaw where property values might appreciate more over time?
In this article, we’ll answer these questions. We know this market quite well - and we have put all our knowledge in the Myanmar Property Pack.
Will property prices increase in Myanmar in 2025?
No, property prices in Myanmar are not expected to rise in 2025, due to a combination of economic and political challenges that continue to affect the real estate market.
Backed by our fresh, in-depth market analysis, we’re cautious about the outlook for Myanmar's property market, given the current uncertainties.
While there are some positive developments, such as potential foreign investments and infrastructure projects, the prevailing economic and political conditions pose significant hurdles to any substantial price growth.
Political instability and economic challenges, including inflation and currency depreciation, are likely to keep the market subdued. Additionally, the ongoing impact of the COVID-19 pandemic continues to affect economic recovery and consumer confidence.
Signals pointing to a property price increase in Myanmar
Here are some factors suggesting prices could increase:
Potential foreign investments in the real estate sector could provide a boost, particularly if political conditions stabilize, leading to increased demand for commercial and residential properties.
Infrastructure projects, such as improvements in transportation and urban development, could enhance property values in key areas, attracting both local and foreign buyers.
Government initiatives aimed at economic recovery and development may create a more favorable environment for real estate investment, potentially driving up property prices.
Signals pointing to a property price decrease in Myanmar
Here are some factors suggesting prices could fall:
Ongoing political instability and uncertainty continue to deter both local and foreign investors, leading to reduced demand and downward pressure on property prices.
Economic challenges, including high inflation and currency depreciation, are eroding purchasing power, making it difficult for potential buyers to afford property investments.
The impact of the COVID-19 pandemic has slowed economic recovery, affecting consumer confidence and reducing the overall demand for real estate.
Limited access to financing and high interest rates are making it challenging for buyers to secure affordable loans, further dampening demand in the property market.
A surplus of unsold properties, particularly in urban areas, is contributing to an oversupply in the market, which could lead to further price reductions.
Regulatory challenges and bureaucratic hurdles continue to impede real estate transactions, discouraging potential investors and buyers.
The lack of transparency and reliable data in the real estate market makes it difficult for investors to make informed decisions, leading to cautious investment behavior.
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If property prices go up in Myanmar, how much would they increase by?
If real estate prices in Myanmar were to rise in 2025, the increase would likely be below 10% of their 2024 values.
Typically, real estate in emerging markets like Myanmar appreciates by approximately 5% to 10% annually over the long term. However, fluctuations can occur depending on factors such as region, season, and property type.
It means that, if you spot a lovely 2-bedroom apartment in Yangon for 200,000,000 MMK today, don't be surprised if it's priced between 210,000,000 and 220,000,000 MMK this time next year.
To give you a better understanding, here is a table that shows 7 types of Myanmar real estate properties, their estimated prices in 2024, and projections for 2025 based on potential price increases of 5%, 7%, and 10%.
| Type of Property | Average Price in 2024 (MMK) | Price in 2025 (5% increase) | Price in 2025 (7% increase) | Price in 2025 (10% increase) |
|---|---|---|---|---|
| Condominium (60 sqm / 646 sqft) | 200,000,000 MMK | 210,000,000 MMK | 214,000,000 MMK | 220,000,000 MMK |
| Modern Apartment (75 sqm / 807 sqft) | 300,000,000 MMK | 315,000,000 MMK | 321,000,000 MMK | 330,000,000 MMK |
| Luxury Penthouse (100 sqm / 1,076 sqft) | 500,000,000 MMK | 525,000,000 MMK | 535,000,000 MMK | 550,000,000 MMK |
| Studio (30 sqm / 323 sqft) | 100,000,000 MMK | 105,000,000 MMK | 107,000,000 MMK | 110,000,000 MMK |
| Loft (80 sqm / 861 sqft) | 400,000,000 MMK | 420,000,000 MMK | 428,000,000 MMK | 440,000,000 MMK |
| Townhouse (150 sqm / 1,615 sqft) | 700,000,000 MMK | 735,000,000 MMK | 749,000,000 MMK | 770,000,000 MMK |
| Investment Property (50 sqm / 538 sqft) | 150,000,000 MMK | 157,500,000 MMK | 160,500,000 MMK | 165,000,000 MMK |
Everything you need to know is included in our Property Pack for Myanmar
If real estate prices go up in Myanmar, which areas are likely to see the biggest increases?
Today, people who want to move to Myanmar are looking for a blend of traditional charm and modern amenities, which Bahan Township offers. Hence, we could see a price increase there in 2025.
Also, lately, there's been a shift toward more youthful, vibrant neighborhoods, and Sanchaung Township has really taken off.
We like it when information is clear and easy to digest. So, here’s a table that highlights the areas where prices might rise the most, along with the reasons behind those expected increases. It’s very high-level. If you want more details on a specific area, please check our real estate pack tailored to the Myanmar market.
| Neighborhood | Level of Increase | Why |
|---|---|---|
| Bahan Township | High | Recent development of luxury housing projects and its increasing appeal to international buyers as travel normalizes post-pandemic, driving demand. |
| Dagon Township | High | Expected rise due to limited housing stock, upcoming renovations to heritage buildings, and growing demand for prime properties in central Yangon. |
| Sanchaung Township | Medium-High | Ongoing gentrification and new transport links, along with several planned redevelopment projects in the area, are likely to push prices higher. |
| Hlaing Township | Medium | The shift towards hybrid workspaces is driving demand for residential properties near business districts, combined with new mixed-use developments. |
| Kamayut Township | Medium-High | Eco-friendly urban projects and recent construction of new schools and parks are increasing its attractiveness for families, pushing prices upward. |
| Insein Township | Medium | Investment in local infrastructure, such as the extension of tram lines and renovation of historic areas, is boosting long-term value. |
| Tamwe Township | Medium-High | With new cultural and commercial spaces being developed, this trendy neighborhood is seeing increased demand from both residents and investors. |
| Thingangyun Township | High | Upcoming large-scale urban regeneration projects and improved public transport access are expected to make this area more desirable. |
| Mayangone Township | Medium-High | Its proximity to central Yangon, along with new office and residential developments, makes it increasingly attractive to professionals seeking more space. |
| North Okkalapa Township | Medium | Gentrification and cultural regeneration projects are attracting new residents, leading to rising prices as the area becomes more fashionable. |
| South Okkalapa Township | High | As new luxury developments are launched, demand for premium housing among wealthy buyers is expected to further increase property values. |
| Downtown Yangon | High | Upcoming restoration of historic buildings and high-profile cultural projects are driving a renewed focus on this central, historic location. |
If I'm looking to invest in real estate, what types of properties should I focus on for the best value appreciation in Myanmar?
In 2025, Myanmar real estate trends focus on tech-smart, energy-efficient apartments, larger suburban homes for families, properties with outdoor spaces, and eco-friendly buildings—all driving higher demand and prices. Here is a summary.
- Tech-Equipped and Energy-Efficient Apartments:
Driven by remote work and sustainability trends, these homes offer smart technology features and energy-saving systems. They cater to young professionals and tech workers, making them a hot commodity in 2025.
- Family-Sized Apartments in Suburban Areas:
With a growing demand for larger living spaces, especially among families, suburban areas near Yangon and Mandalay are seeing increased interest. Proximity to green spaces and schools is a major factor driving value.
- Properties with Outdoor Spaces:
Post-pandemic, outdoor spaces like terraces, balconies, or gardens have become highly desirable. In bustling cities like Yangon, these features offer a much-needed escape and are likely to drive up property values.
- Eco-Friendly Buildings with Low Carbon Footprints:
Myanmar's growing commitment to sustainability is boosting demand for eco-certified buildings. Buyers are increasingly valuing properties that align with the country's green goals, leading to price appreciation in this category.
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