The detail of the real estate related news

Property sales expo to be held in Mandalay

Myanmar real estate news Mandalay’s Hilton Hotel will host a property sales expo on August 4 and 5.

The expo will feature condominiums in Yangon and the nine projects in Mandalay Region, according to U Kyaw Si Thu, director of Success Property Consultant.

High-end condo projects in Yangon such as Golden City, Kanbae Towers, River Front Garden, May Inya, Sky View, Paragon Residence and My Residence will be included. U Kyaw Si Thu said plans are being made for buyers to buy condo projects and cars with bank loans in collaboration with Yoma Bank, CB Bank and AYA Bank.

The event in Mandalay will be held jointly by Success Property Consultant and Kevin Goos from said Mandalay people can invest in Yangon properties and rent them out to foreigners.

U Yar Zar Phyo from Success Property Consultant said it’s wiser to invest in real estate than depositing the wealth in banks because of the depreciation of the local currency.

Ref: Myanmar Times News