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Yes, the analysis of Yangon's property market is included in our pack
Thinking about buying a 3-bedroom apartment in Bahan Township? It’s a great area, 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 townships like Yankin or Kamayut 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 Yangon Property Pack.
Will property prices increase in Yangon in 2025?
No, property prices in Yangon are not expected to rise significantly in 2025, due to a combination of economic challenges and market conditions.
Backed by our fresh, in-depth market analysis, we’re cautious about the outlook for Yangon, as several factors are likely to keep the market subdued.
While there are some positive developments, the overall economic environment and specific local issues are expected to weigh heavily on property prices.
Signals pointing to a property price increase in Yangon
Here are some factors suggesting prices could increase:
The government is expected to introduce new policies to attract foreign investment, which could stimulate demand in the property market, particularly in commercial real estate.
Infrastructure projects aimed at improving transportation and connectivity within Yangon are underway, which could enhance the attractiveness of certain areas and potentially boost property values.
There is a growing interest from expatriates and international businesses in establishing a presence in Yangon, which could increase demand for both residential and commercial properties.
Signals pointing to a property price decrease in Yangon
Here are some factors suggesting prices could fall:
The political situation in Myanmar remains unstable, which continues to deter both local and foreign investors from making significant property investments in Yangon.
Economic challenges, including inflation and currency depreciation, are expected to persist, reducing the purchasing power of potential buyers and investors.
The oversupply of residential properties, particularly in the condominium market, is likely to continue, putting downward pressure on prices as developers struggle to sell existing inventory.
High interest rates and stringent lending conditions are making it difficult for potential buyers to secure financing, which could further dampen demand in the property market.
The ongoing impact of the COVID-19 pandemic has slowed economic recovery, affecting consumer confidence and spending, including in the real estate sector.
There is a lack of transparency and regulatory challenges in the property market, which can deter investment and lead to a cautious approach from potential buyers.
The rental market remains weak, with high vacancy rates, which could discourage investment in rental properties and contribute to a decline in property prices.
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If property prices go up in Yangon, how much would they increase by?
If real estate prices in Yangon were to rise in 2025, the increase would likely be around 3% to 7% of their 2024 values.
Typically, real estate in emerging markets like Yangon appreciates by approximately 3% to 7% 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 charming 2-bedroom apartment in Bahan Township for 150,000,000 MMK today, don't be surprised if it's priced between 154,500,000 and 160,500,000 MMK this time next year.
To give you a better understanding, here is a table that shows 7 types of Yangon real estate properties, their estimated prices in 2024, and projections for 2025 based on potential price increases of 3%, 5%, and 7%.
| Type of Property | Average Price in 2024 (MMK) | Price in 2025 (3% increase) | Price in 2025 (5% increase) | Price in 2025 (7% increase) |
|---|---|---|---|---|
| Colonial Apartment (60 sqm / 646 sqft) | 150,000,000 MMK | 154,500,000 MMK | 157,500,000 MMK | 160,500,000 MMK |
| Modern Condo (75 sqm / 807 sqft) | 200,000,000 MMK | 206,000,000 MMK | 210,000,000 MMK | 214,000,000 MMK |
| Luxury Penthouse (100 sqm / 1,076 sqft) | 500,000,000 MMK | 515,000,000 MMK | 525,000,000 MMK | 535,000,000 MMK |
| Studio (30 sqm / 323 sqft) | 75,000,000 MMK | 77,250,000 MMK | 78,750,000 MMK | 80,250,000 MMK |
| Loft (80 sqm / 861 sqft) | 250,000,000 MMK | 257,500,000 MMK | 262,500,000 MMK | 267,500,000 MMK |
| Townhouse (150 sqm / 1,615 sqft) | 700,000,000 MMK | 721,000,000 MMK | 735,000,000 MMK | 749,000,000 MMK |
| Investment Property (50 sqm / 538 sqft) | 120,000,000 MMK | 123,600,000 MMK | 126,000,000 MMK | 128,400,000 MMK |
Everything you need to know is included in our Property Pack for Yangon
If real estate prices go up in Yangon, which areas are likely to see the biggest increases?
Today, people who want to move to Yangon 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 Dagon 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 Yangon 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. |
| Thingangyun Township | Medium-High | With new cultural and commercial spaces being developed, this trendy neighborhood is seeing increased demand from both residents and investors. |
| Tamwe 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. |
-The best areas to buy a property in Yangon
If I'm looking to invest in real estate, what types of properties should I focus on for the best value appreciation in Yangon?
In 2025, Yangon 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 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 dense 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:
Yangon's commitment to sustainability is boosting demand for eco-certified buildings. Buyers are increasingly valuing properties that align with the city’s green goals, leading to price appreciation in this category.
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