Myanmar real estate news

Yangon City has involved in the highest live expense Cities of Asia.

Myanmar real estate news Yangon has still involved in the highest living raise cities in Asia, and it is one of the highest expense more than Munich city from Germany, Doha city from Qata and Rome from Italy, expressed by the Mercer Society in the document of each world’s nation live expense research on June 21.

According to Mercer Society group, expressed yearly released which for foreigners, Yangon City is recognized as 67th the highest live expense city from each nation for this year.

For live expense, food accommodation expense, travel expense and performance expense are basic calculated, according to revenue inquest. Although, Yangon City is the 39th city in the world as the highest live expense city in the last year, but now it is recognized as 67th city.

Yangon is involved as the largest highest live city in Asia and it is higher rather than the neighborhood nations like Munich city from Germany, New Delhi from India, Sweden city from Stock Holm, Doha from Qata, and Rome from Italy.

In Asia, Hong Kong, Japan, Singapore, and china are the highest live expense in the world. And their neighborhood Angola from South Africa is the highest, second one is Hong Kong, and the third one is Japan.

As the tourist came more in Yangon, travel expense, transportation expense are obviously decreased than the previous years. It became decreased slowly from the list of world top high live expense cities and a cheap expense country for foreigners,” said U Sein Aung, Win Myanmar Travel and Tour Agency.

As the tourist came more in the country, travel and tour business are running well in Yangon. And also the expense of put up and transportation are obviously decreased within the country. And then, Hotel and restaurants become increased more than before. Not only a lots of options but also rivals have become more for the tourist, the market price are also down,” he said.