Market to be underserved despite healthy supply pipeline Positive business sentiments arose in the second quarter of the year resulting in more powerful investment interest towards the house market, especially in the industry office sector. High rental and occupancy rates going forward are an inducement for even more interest. As an outcome, office building construction activity in Yangon is likely to further heighten, with pipeline projects now collectively exceeding over 300,000 sq m of gross leasable space in some 18 new office developments. The number will soon build-up as possibly 15 more tasks, currently at the initial planning phases, are likely to be launched.
Yangon Office Stock Source: Colliers International Myanmar This year alone, the town is likely to witness further development in commercial building advancements with new office spaces to go up by 76% YoY or an additional supply of over 60,000 sq m. Meanwhile, Yangon continues to post one of the highest average Average Office Rental Rate by Location rents in the ASEAN region. The city’s current rental rate range between USD40 to 50 per sq m once a month for a low-grade building, 100 and USD70 to 95 per sq m monthly for the mid-grade.
- It had an inlayed lottery
- 3 years back from Kerala
- Ask: The seller’s offer price
- Diversify your positions
- Pacific Life Insurance Company
While the common high-quality rate is unchanged at USD88 per sq m QoQ, it 80 is above Singapore’s USD75 per sq m consistently, even though 60 all working offices in Yangon are below international Quality A building criteria. The forecast direction for premium rents remain 40 upward and is projected to hit the USD100 per sq m mark in the 20 next a year.
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God, I hope not. People who own these high-powered multi-round guns are usually either the zealots I pointed out earlier or people who just like to go to gun ranges and blow shit up. I was raised in a rural area where people hunted and owned farms that they had to keep free from foxes, groundhogs, raccoons, skunks, rabid critters, and other vermin. I understand a gun can be integral to the full life style and I, and many other Americans, probably don’t want to hinder this law-abiding cut of our country. It’s a can or worms.
I hope we can learn from Australia but I think we’re too egocentric. Only people who watch the Daily Show or go Hub hopping even know what Australia does with their weapon laws. SIGH. I hope we can all come to an agreement to at least try to keep a few of these weapons from whack careers. Interesting read. I am happy to know there is a chance for good sense to reign still.