About
A quick overview for Yangon residential market demand trends, price indications and guidance on property inspection, payment, and leasing terms for prospective tenants and investors.
Summary & Recommendations
Yangon Residential Guide: A Quick Guide for Buying and Leasing in Yangon
Choosing the right property requires careful attention to multiple factors, from inspecting walls, ceilings, floors, and overall structural integrity, to testing plumbing, electricity, and other utilities. Payment procedures should be understood, particularly the differences between MMK and USD settlements and the applicable conversion rates. Tenants must also be aware of potential extra fees under the lease, including generator usage, maintenance, and repairs, and ensure that the landlord’s obligations are clearly defined to safeguard against unexpected costs and ensure a smooth tenancy.
