Housing Rental fees in Yangon still on the rise

Rental fees in Yangon still on the rise

The rental fees for houses and apartments in Yangon will be increasing until July, according to the real estate experts.

The monthly rent for housings varies between Ks 200,000 to 300,000 (US$200 to 300) for an apartment; Ks 2.5 to 30 million (US$2,500 to 3,000) for a condo; and Ks 4 to 5 million (US$4,000 to 5,000) for a proper house.

“As there is influx of foreigners to Myanmar this year, the leasing of houses, condominiums and apartments is most common,” said Yi Mar Swe from the Myanma Aungmyay Estate Business.

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