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Myanmar Residential Real Estate Market 2023-2027

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    Report

  • 109 Pages
  • December 2022
  • Region: Myanmar
  • TechNavio
  • ID: 5710109
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The residential real estate market in Myanmar is forecast to grow by $ 181.3 mn during 2022-2027, accelerating at a CAGR of 3.97% during the forecast period. The report on the residential real estate market in Myanmar provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing residential sector in Myanmar, rising investments in sustainable urban infrastructure, and increasing government support for affordable houses.

The residential real estate market in Myanmar is segmented as below:

By Type

  • Landed houses and villas
  • Apartments
  • condominiums

By Mode of booking

  • Sales
  • Rental/Lease
This study identifies technology adoption in the real estate industry as one of the prime reasons driving the residential real estate market growth during the next few years. Also, the rising need for affordable housing, infrastructure, and services and the increase in the construction of green residential spaces will lead to sizable demand in the market.

The report on the residential real estate market in Myanmar covers the following areas:

  • Residential real estate market sizing
  • Residential real estate market forecast
  • Residential real estate market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential real estate market vendors that include Aung Myin Pyae Sone Co., Ltd., Ayeryar Hinthar Holdings Co. Ltd., Beaver Concrete Construction Co., Inc., Capital Diamond Star Group Ltd., Dagon Group, Eden Group, Ever Seiko Co. Ltd., Excellent Fortune Development Group, IME Group, Keppel Corp. Ltd., Marga 23 Investment Ltd., Max Myanmar Group, Myanmar Seilone Group, Shwe Taung Development Co. Ltd., and Yoma Strategic Holdings Ltd. Also, the residential real estate market in Myanmar analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Mode of Booking
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on Burma (Myanmar) - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on Burma (Myanmar) - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on Burma (Myanmar): Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on Burma (Myanmar): Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Residential real estate market in Myanmar 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on Residential real estate market in Myanmar 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.3 Mode of booking Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Mode of booking Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
6.1 Market segments
Exhibit 25: Chart on Type - Market share 2022-2027 (%)
Exhibit 26: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 27: Chart on Comparison by Type
Exhibit 28: Data Table on Comparison by Type
6.3 Landed houses and villas - Market size and forecast 2022-2027
Exhibit 29: Chart on Landed houses and villas - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Landed houses and villas - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Landed houses and villas - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Landed houses and villas - Year-over-year growth 2022-2027 (%)
6.4 Apartments and condominiums - Market size and forecast 2022-2027
Exhibit 33: Chart on Apartments and condominiums - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Apartments and condominiums - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Apartments and condominiums - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Apartments and condominiums - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 37: Market opportunity by Type ($ million)
7 Market Segmentation by Mode of Booking
7.1 Market segments
Exhibit 38: Chart on Mode of Booking - Market share 2022-2027 (%)
Exhibit 39: Data Table on Mode of Booking - Market share 2022-2027 (%)
7.2 Comparison by Mode of Booking
Exhibit 40: Chart on Comparison by Mode of Booking
Exhibit 41: Data Table on Comparison by Mode of Booking
7.3 Sales - Market size and forecast 2022-2027
Exhibit 42: Chart on Sales - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Sales - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Sales - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Sales - Year-over-year growth 2022-2027 (%)
7.4 Rental/Lease - Market size and forecast 2022-2027
Exhibit 46: Chart on Rental/Lease - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Rental/Lease - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Rental/Lease - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Rental/Lease - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Mode of Booking
Exhibit 50: Market opportunity by Mode of Booking ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 52: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 53: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 54: Overview on factors of disruption
10.4 Industry risks
Exhibit 55: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 56: Vendors covered
11.2 Market positioning of vendors
Exhibit 57: Matrix on vendor position and classification
11.3 Aung Myin Pyae Sone Co Ltd
Exhibit 58: Aung Myin Pyae Sone Co Ltd - Overview
Exhibit 59: Aung Myin Pyae Sone Co Ltd - Product/Service
Exhibit 60: Aung Myin Pyae Sone Co Ltd - Key offerings
11.4 Ayeryar Hinthar Holdings Co. Ltd.
Exhibit 61: Ayeryar Hinthar Holdings Co. Ltd. - Overview
Exhibit 62: Ayeryar Hinthar Holdings Co. Ltd. - Product/Service
Exhibit 63: Ayeryar Hinthar Holdings Co. Ltd. - Key offerings
11.5 Beaver Concrete Construction Co., Inc.
Exhibit 64: Beaver Concrete Construction Co., Inc. - Overview
Exhibit 65: Beaver Concrete Construction Co., Inc. - Product/Service
Exhibit 66: Beaver Concrete Construction Co., Inc. - Key offerings
11.6 Capital Diamond Star Group Ltd.
Exhibit 67: Capital Diamond Star Group Ltd. - Overview
Exhibit 68: Capital Diamond Star Group Ltd. - Product/Service
Exhibit 69: Capital Diamond Star Group Ltd. - Key offerings
11.7 Dagon Group
Exhibit 70: Dagon Group - Overview
Exhibit 71: Dagon Group - Product/Service
Exhibit 72: Dagon Group - Key offerings
11.8 Eden Group
Exhibit 73: Eden Group - Overview
Exhibit 74: Eden Group - Product/Service
Exhibit 75: Eden Group - Key offerings
11.9 Ever Seiko Co. Ltd.
Exhibit 76: Ever Seiko Co. Ltd. - Overview
Exhibit 77: Ever Seiko Co. Ltd. - Product/Service
Exhibit 78: Ever Seiko Co. Ltd. - Key offerings
11.10 Excellent Fortune Development Group
Exhibit 79: Excellent Fortune Development Group - Overview
Exhibit 80: Excellent Fortune Development Group - Product/Service
Exhibit 81: Excellent Fortune Development Group - Key offerings
11.11 IME Group
Exhibit 82: IME Group - Overview
Exhibit 83: IME Group - Product/Service
Exhibit 84: IME Group - Key offerings
11.12 Keppel Corp. Ltd.
Exhibit 85: Keppel Corp. Ltd. - Overview
Exhibit 86: Keppel Corp. Ltd. - Business segments
Exhibit 87: Keppel Corp. Ltd. - Key offerings
Exhibit 88: Keppel Corp. Ltd. - Segment focus
11.13 Marga 23 Investment Ltd.
Exhibit 89: Marga 23 Investment Ltd. - Overview
Exhibit 90: Marga 23 Investment Ltd. - Product/Service
Exhibit 91: Marga 23 Investment Ltd. - Key offerings
11.14 Max Myanmar Group
Exhibit 92: Max Myanmar Group - Overview
Exhibit 93: Max Myanmar Group - Product/Service
Exhibit 94: Max Myanmar Group - Key offerings
11.15 Myanmar Seilone Group
Exhibit 95: Myanmar Seilone Group - Overview
Exhibit 96: Myanmar Seilone Group - Product/Service
Exhibit 97: Myanmar Seilone Group - Key offerings
11.16 Shwe Taung Development Co. Ltd.
Exhibit 98: Shwe Taung Development Co. Ltd. - Overview
Exhibit 99: Shwe Taung Development Co. Ltd. - Product/Service
Exhibit 100: Shwe Taung Development Co. Ltd. - Key offerings
11.17 Yoma Strategic Holdings Ltd.
Exhibit 101: Yoma Strategic Holdings Ltd. - Overview
Exhibit 102: Yoma Strategic Holdings Ltd. - Product/Service
Exhibit 103: Yoma Strategic Holdings Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 104: Inclusions checklist
Exhibit 105: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 106: Currency conversion rates for US$
12.4 Research methodology
Exhibit 107: Research methodology
Exhibit 108: Validation techniques employed for market sizing
Exhibit 109: Information sources
12.5 List of abbreviations
Exhibit 110: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Mode of Booking
Exhibits 6: Executive Summary - Chart on Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on Burma (Myanmar) - Market size and forecast 2022-2027 ($ million)
Exhibits 12: Data Table on Burma (Myanmar) - Market size and forecast 2022-2027 ($ million)
Exhibits 13: Chart on Burma (Myanmar): Year-over-year growth 2022-2027 (%)
Exhibits 14: Data Table on Burma (Myanmar): Year-over-year growth 2022-2027 (%)
Exhibits 15: Historic Market Size - Data Table on Residential real estate market in Myanmar 2017 - 2021 ($ million)
Exhibits 16: Historic Market Size - Type Segment 2017 - 2021 ($ million)
Exhibits 17: Historic Market Size - Mode of booking Segment 2017 - 2021 ($ million)
Exhibits 18: Five forces analysis - Comparison between 2022 and 2027
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 24: Chart on Market condition - Five forces 2022 and 2027
Exhibits 25: Chart on Type - Market share 2022-2027 (%)
Exhibits 26: Data Table on Type - Market share 2022-2027 (%)
Exhibits 27: Chart on Comparison by Type
Exhibits 28: Data Table on Comparison by Type
Exhibits 29: Chart on Landed houses and villas - Market size and forecast 2022-2027 ($ million)
Exhibits 30: Data Table on Landed houses and villas - Market size and forecast 2022-2027 ($ million)
Exhibits 31: Chart on Landed houses and villas - Year-over-year growth 2022-2027 (%)
Exhibits 32: Data Table on Landed houses and villas - Year-over-year growth 2022-2027 (%)
Exhibits 33: Chart on Apartments and condominiums - Market size and forecast 2022-2027 ($ million)
Exhibits 34: Data Table on Apartments and condominiums - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Chart on Apartments and condominiums - Year-over-year growth 2022-2027 (%)
Exhibits 36: Data Table on Apartments and condominiums - Year-over-year growth 2022-2027 (%)
Exhibits 37: Market opportunity by Type ($ million)
Exhibits 38: Chart on Mode of Booking - Market share 2022-2027 (%)
Exhibits 39: Data Table on Mode of Booking - Market share 2022-2027 (%)
Exhibits 40: Chart on Comparison by Mode of Booking
Exhibits 41: Data Table on Comparison by Mode of Booking
Exhibits 42: Chart on Sales - Market size and forecast 2022-2027 ($ million)
Exhibits 43: Data Table on Sales - Market size and forecast 2022-2027 ($ million)
Exhibits 44: Chart on Sales - Year-over-year growth 2022-2027 (%)
Exhibits 45: Data Table on Sales - Year-over-year growth 2022-2027 (%)
Exhibits 46: Chart on Rental/Lease - Market size and forecast 2022-2027 ($ million)
Exhibits 47: Data Table on Rental/Lease - Market size and forecast 2022-2027 ($ million)
Exhibits 48: Chart on Rental/Lease - Year-over-year growth 2022-2027 (%)
Exhibits 49: Data Table on Rental/Lease - Year-over-year growth 2022-2027 (%)
Exhibits 50: Market opportunity by Mode of Booking ($ million)
Exhibits 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 52: Impact of drivers and challenges in 2022 and 2027
Exhibits 53: Overview on Criticality of inputs and Factors of differentiation
Exhibits 54: Overview on factors of disruption
Exhibits 55: Impact of key risks on business
Exhibits 56: Vendors covered
Exhibits 57: Matrix on vendor position and classification
Exhibits 58: Aung Myin Pyae Sone Co Ltd - Overview
Exhibits 59: Aung Myin Pyae Sone Co Ltd - Product/Service
Exhibits 60: Aung Myin Pyae Sone Co Ltd - Key offerings
Exhibits 61: Ayeryar Hinthar Holdings Co. Ltd. - Overview
Exhibits 62: Ayeryar Hinthar Holdings Co. Ltd. - Product/Service
Exhibits 63: Ayeryar Hinthar Holdings Co. Ltd. - Key offerings
Exhibits 64: Beaver Concrete Construction Co., Inc. - Overview
Exhibits 65: Beaver Concrete Construction Co., Inc. - Product/Service
Exhibits 66: Beaver Concrete Construction Co., Inc. - Key offerings
Exhibits 67: Capital Diamond Star Group Ltd. - Overview
Exhibits 68: Capital Diamond Star Group Ltd. - Product/Service
Exhibits 69: Capital Diamond Star Group Ltd. - Key offerings
Exhibits 70: Dagon Group - Overview
Exhibits 71: Dagon Group - Product/Service
Exhibits 72: Dagon Group - Key offerings
Exhibits 73: Eden Group - Overview
Exhibits 74: Eden Group - Product/Service
Exhibits 75: Eden Group - Key offerings
Exhibits 76: Ever Seiko Co. Ltd. - Overview
Exhibits 77: Ever Seiko Co. Ltd. - Product/Service
Exhibits 78: Ever Seiko Co. Ltd. - Key offerings
Exhibits 79: Excellent Fortune Development Group - Overview
Exhibits 80: Excellent Fortune Development Group - Product/Service
Exhibits 81: Excellent Fortune Development Group - Key offerings
Exhibits 82: IME Group - Overview
Exhibits 83: IME Group - Product/Service
Exhibits 84: IME Group - Key offerings
Exhibits 85: Keppel Corp. Ltd. - Overview
Exhibits 86: Keppel Corp. Ltd. - Business segments
Exhibits 87: Keppel Corp. Ltd. - Key offerings
Exhibits 88: Keppel Corp. Ltd. - Segment focus
Exhibits 89: Marga 23 Investment Ltd. - Overview
Exhibits 90: Marga 23 Investment Ltd. - Product/Service
Exhibits 91: Marga 23 Investment Ltd. - Key offerings
Exhibits 92: Max Myanmar Group - Overview
Exhibits 93: Max Myanmar Group - Product/Service
Exhibits 94: Max Myanmar Group - Key offerings
Exhibits 95: Myanmar Seilone Group - Overview
Exhibits 96: Myanmar Seilone Group - Product/Service
Exhibits 97: Myanmar Seilone Group - Key offerings
Exhibits 98: Shwe Taung Development Co. Ltd. - Overview
Exhibits 99: Shwe Taung Development Co. Ltd. - Product/Service
Exhibits 100: Shwe Taung Development Co. Ltd. - Key offerings
Exhibits 101: Yoma Strategic Holdings Ltd. - Overview
Exhibits 102: Yoma Strategic Holdings Ltd. - Product/Service
Exhibits 103: Yoma Strategic Holdings Ltd. - Key offerings
Exhibits 104: Inclusions checklist
Exhibits 105: Exclusions checklist
Exhibits 106: Currency conversion rates for US$
Exhibits 107: Research methodology
Exhibits 108: Validation techniques employed for market sizing
Exhibits 109: Information sources
Exhibits 110: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the residential real estate market in Myanmar: Aung Myin Pyae Sone Co., Ltd., Ayeryar Hinthar Holdings Co. Ltd., Beaver Concrete Construction Co., Inc., Capital Diamond Star Group Ltd., Dagon Group, Eden Group, Ever Seiko Co. Ltd., Excellent Fortune Development Group, IME Group, Keppel Corp. Ltd., Marga 23 Investment Ltd., Max Myanmar Group, Myanmar Seilone Group, Shwe Taung Development Co. Ltd., and Yoma Strategic Holdings Ltd.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is technology adoption in real estate industry.`

According to the report, one of the major drivers for this market is the growing residential sector in Myanmar.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Aung Myin Pyae Sone Co. Ltd.
  • Ayeryar Hinthar Holdings Co. Ltd.
  • Beaver Concrete Construction Co. Inc.
  • Capital Diamond Star Group Ltd.
  • Dagon Group
  • Eden Group
  • Ever Seiko Co. Ltd.
  • Excellent Fortune Development Group
  • IME Group
  • Keppel Corp. Ltd.
  • Marga 23 Investment Ltd.
  • Max Myanmar Group
  • Myanmar Seilone Group
  • Shwe Taung Development Co. Ltd.
  • Yoma Strategic Holdings Ltd.