Myanmar Residential Real Estate Market 2023-2027

Residential Real Estate Market in Myanmar 2023-2027

Technavio has been monitoring the residential real estate market in Myanmar and is forecast to grow by $ 181.3 mn during 2022-2027, accelerating at a CAGR of 3.97% during the forecast period. Our report on the residential real estate market in Myanmar provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing residential sector in Myanmar, rising investments in sustainable urban infrastructure, and increasing government support for affordable houses.

Technavio's residential real estate market in Myanmar is segmented as below:

By Type

• Landed houses and villas
• Apartments
• condominiums

By Mode of booking

• Sales
• Rental/Lease

This study identifies technology adoption in the real estate industry as one of the prime reasons driving the residential real estate market growth during the next few years. Also, the rising need for affordable housing, infrastructure, and services and the increase in the construction of green residential spaces will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the residential real estate market in Myanmar covers the following areas:

• Residential real estate market sizing
• Residential real estate market forecast
• Residential real estate market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential real estate market vendors that include Aung Myin Pyae Sone Co., Ltd., Ayeryar Hinthar Holdings Co. Ltd., Beaver Concrete Construction Co., Inc., Capital Diamond Star Group Ltd., Dagon Group, Eden Group, Ever Seiko Co. Ltd., Excellent Fortune Development Group, IME Group, Keppel Corp. Ltd., Marga 23 Investment Ltd., Max Myanmar Group, Myanmar Seilone Group, Shwe Taung Development Co. Ltd., and Yoma Strategic Holdings Ltd. Also, the residential real estate market in Myanmar analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.