The detail of the real estate related news

Office Tower buildings are still much in need at Yagnon

Myanmar real estate news Constructional developer suggested that to build more reasonable price and suitable office building, research and consultancy firm, Collier International recently released the third quarter report because of many potential investors came and may developed foreign company office in Myanmar.

For those who want to do foreign investment, more buyer will be increase of international office tower in ahead,” said Mr. Kalopobri, associate director of the international.

According to research, total 320,000 square meter and 3.44 million sq.ft wide for office tower at present in Yangon. As Junction city Tower has completely being built and increased 30 percent of number of offices at current.

Moreover, because of Pyay Nyein Thu Tower of Mayangone Township, Red Hill Mixuse Tower of Sanchaung Township, Crystal Tower and Regent Office Tower of Kamayut Township, Office area will be set 350,000 square Feet wide in this year.

“Cleaning, Security, furniture and others services included the office tower were implement in built extend those offices, there are still much in need in rental market,” said Mr.Kalopobari.

People who opened their office at Condominium or Apartment were slowly moving into office tower. Because of that office building property are becoming getting into good price.

The important strength of office tower is rental price are at the same and included of service and safe general expense usage. That is why more employers have interesting to rent in office tower,” said Daw Thuzarmay from ThitsaMyay Real Estate.

She added that business people have moved to office building from Condo, apartment because of including of services like Internet, good price, electricity which are necessary for Office use and also safe spent in general usage