Key Points of Real Estate in Myanmar (Burma)

Foreign Ownership Restrictions:  

Foreigners cannot own land directly, but they can lease it for a defined period (up to 70 years). They can also own a limited percentage of condominium units (40% of units in a building)

 

Myanmar Citizen Ownership:

Myanmar citizens can freely buy, sell, lease, and mortgage land and buildings. 

 

Market Growth: The real estate market in Myanmar, particularly in residential and commercial sectors, is experiencing growth. 

 

Foreign Investment:

There is increasing interest from foreign investors due to economic reforms and stability, according to Statista. 

 

Market Segments: Residential real estate dominates the market in Myanmar, with significant projected growth in the coming years. Commercial real estate is also experiencing development, driven by factors like urbanization, rising incomes, and foreign investment. 

 

Yangon:

Yangon's real estate market is experiencing a surge in prices, particularly for rental properties, due to population influx and limited housing supply.