The detail of the real estate related news

Rental market still continues to lead on city property in Mandalay

Myanmar real estate news Mandalay City’s real estate transaction was continues to lead by rental market rather than sale, said some of real estate agents.

High value real estate property within City’s real estate market were although still fewer in trading property but the market rental rates were became high year after year.

In downtown areas, if the properties were good means the good price will get for the rental rates. Therefore, if the market trade is silent also the landlord are not worry that.

Mandalay City’s real estate transaction was quiet for long years and downtown’s market are become worse situation than New City market. But in the rental side City’s and new city are good in the market rates and price raises each year. Especially in downtown areas.

In the city, the rental rates of property are significantly become well from 66 street to 84 street in east and west, from Teitpan Street to 26 street in south and North. Maha Aung Myay, Chan Aye Thar San Township are most interest by those who needs for opening Company office, Shop and show room.