The detail of the real estate related news

Bago Real estate market folded down because of uncertainty of Hantharwaddy Airport Project

Myanmar real estate news “Bago region, which will be implemented international airport project construction nearby the city was yet confirm because of that Bago City’s real estate prices fell blur,” said local real estate agency.

“Realestate market is quiet. Because of airport project, the market price are coming up. The properties on the main road are became increase from 500 Lakhs Kyats worth from 1500 Lakh Kyats. Now the Airport situation is quiet and the price also become down,” said U Kyaw Win of Kyaw Thi Ha real estate agency.

According to him “kyats 1,500 Lakhs worth the plots were decreased up to about Kyats 750 Lakhs have been half the price break now.”

“As the Airport project construction was not working properly, people did not thrown anymore their interest on it although the news came out,” he added.

“While Hantharwaddy airport to be implemented in Bago around 2013, Real estate market price were been good and a lot of the properties also been sold off,” said real estate agents.