Myanmar property falls back to earth

Yangon office rents have fallen some 30% in last two years as once dizzying optimism turns to pessimism for nation's economic prospects

Yangon, May 18, 2018 3:40 PM (UTC+8)
Old apartment blocks in downtown Yangon. Demand for property in Yangon had surged with hopes of an economic boom that has not materialized. Photo: AFP/Ye Aung Thu
Old apartment blocks in downtown Yangon. Demand for property in Yangon had surged with hopes of an economic boom that has not materialized. Photo: AFP/Ye Aung Thu
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