Property Prices in Myanmar

Index Info
Price to Income Ratio: 9.91
Mortgage as Percentage of Income: 126.79%
Loan Affordability Index: 0.79
Price to Rent Ratio - City Centre: 6.52
Price to Rent Ratio - Outside of Centre: 3.09
Gross Rental Yield (City Centre): 15.35%
Gross Rental Yield (Outside of Centre): 32.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 658.75 $ 312.00-1,500.00
Apartment (1 bedroom) Outside of Centre 259.00 $ 210.00-450.00
Apartment (3 bedrooms) in City Centre 1,077.50 $ 520.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 943.75 $ 400.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 83.42 $ 46.45-185.80
Price per Square Feet to Buy Apartment Outside of Centre 23.73 $ 9.29-46.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 291.03 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 5.00-13.00

These data are based on 66 entries in the past 18 months from 12 different contributors.
Last update: January 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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