Property Prices in Yangon, Myanmar

Index Info
Price to Income Ratio: 16.69
Mortgage as Percentage of Income: 220.55%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 7.23
Price to Rent Ratio - Outside of Centre: 3.55
Gross Rental Yield (City Centre): 13.84%
Gross Rental Yield (Outside of Centre): 28.18%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 759.67 $ 400.00-1,500.00
Apartment (1 bedroom) Outside of Centre 244.00 $ 135.00-450.00
Apartment (3 bedrooms) in City Centre 1,516.67 $ 1,000.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,091.67 $ 650.00-2,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 116.72 $ 68.18-185.80
Price per Square Feet to Buy Apartment Outside of Centre 29.28 $ 13.61-46.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 235.38 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.00 10.00-13.00

These data are based on 49 entries in the past 18 months from 9 different contributors.
Last update: April 2024

Sources and References
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1 Comments so far
John on Oct 20, 2022:
Can foreighners buy appartment in Yangon or other places in Myanmar?