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The real estate business was quiet for four years already but began from the month of April, the new market was started appeared for standard housing and Condominium after the government allowed 100 percent foreign investment in education.
The reason is that as for foreign University, purchase of half of the housing project which ready to live in and opening the schools is more convenient rather than build up by themselves.
On the other hand, available of international school in the resident housing is more convenient and attractive to the buyer for their children could attend nearby their home. So now housing projects emerged one by one and the school were involved with foreign investment.
School area are involved in housing projects and joint venture investment is mutually benefit for both investor as well as for school,” said U Kyaw Si Thu Real Estate Sales Director of Success Property Consultant Co.Ltd.
