Property expo held in Yangon
A property expo, believed to be the 11th largest in Myanmar, was organized by iMyanmarHouse.com from 10 to 12 May at the Tatmadaw Exhibition Hall on U Wisara Road in Yangon, according to state media.
“The exhibition will be organized in Yangon by iMyanmarHouse.com, which has held similar expos in Mandalay, Taunggyi, and Singapore. More than 50 property companies will participate in the three-day real estate expo. There will be special sales for apartments, and the good news is that apartments will be sold under an instalment system. Officials from banks will come to the exhibition and explain how families can buy the apartments by using their savings accounts. KBZ Bank and YOMA Bank will act as the official banking partners for home loans,” U Nay Min Thu, the Managing Director of iMyanmarHouse.com, was quoted as saying before the event.
Golden City is the main sponsor of the expo. More than 10,000 apartment and condominiums from Mandalay, Yangon, Taunggyi, and Pathein were showcased at the expo.
The property business in Yangon is picking up.