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Residential Real Estate Market in Myanmar 2025-2029

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    Report

  • 138 Pages
  • March 2025
  • Region: Myanmar
  • TechNavio
  • ID: 5710109
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The residential real estate market in Myanmar is forecasted to grow by USD 233.2 million during 2024-2029, accelerating at a CAGR of 4.7% 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 growing residential sector in Myanmar, rising investments in sustainable urban infrastructure, and increasing support of government for affordable houses.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

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

By Type

  • Landed houses and villas
  • Apartments and condominiums

By Mode Of Booking

  • Sales
  • Rental/Lease

By Geographical Landscape

  • APAC
This study identifies the technological adoption in real estate industry as one of the prime reasons driving the residential real estate market in Myanmar growth during the next few years. Also, rising need for affordable housing, infrastructure, and services and increase in 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 in Myanmar sizing
  • Residential Real Estate Market in Myanmar forecast
  • Residential Real Estate Market in Myanmar industry analysis
A robust vendor analysis within the report 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 in Myanmar 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 report 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 primary and secondary research. 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
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Mode of Booking
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Myanmar - Market size and forecast 2024-2029 ($ million)
Data Table on Myanmar - Market size and forecast 2024-2029 ($ million)
Chart on Myanmar: Year-over-year growth 2024-2029 (%)
Data Table on Myanmar: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Residential Real Estate Market in Myanmar 2019 - 2023
Historic Market Size - Data Table on Residential Real Estate Market in Myanmar 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 Mode of Booking segment analysis 2019 - 2023
Historic Market Size - Mode of Booking Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Residential Real Estate Market in Myanmar
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Landed houses and villas - Market size and forecast 2024-2029
Chart on Landed houses and villas - Market size and forecast 2024-2029 ($ million)
Data Table on Landed houses and villas - Market size and forecast 2024-2029 ($ million)
Chart on Landed houses and villas - Year-over-year growth 2024-2029 (%)
Data Table on Landed houses and villas - Year-over-year growth 2024-2029 (%)
8.4 Apartments and condominiums - Market size and forecast 2024-2029
Chart on Apartments and condominiums - Market size and forecast 2024-2029 ($ million)
Data Table on Apartments and condominiums - Market size and forecast 2024-2029 ($ million)
Chart on Apartments and condominiums - Year-over-year growth 2024-2029 (%)
Data Table on Apartments and condominiums - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Mode of Booking
9.1 Market segments
Chart on Mode of Booking - Market share 2024-2029 (%)
Data Table on Mode of Booking - Market share 2024-2029 (%)
9.2 Comparison by Mode of Booking
Chart on Comparison by Mode of Booking
Data Table on Comparison by Mode of Booking
9.3 Sales - Market size and forecast 2024-2029
Chart on Sales - Market size and forecast 2024-2029 ($ million)
Data Table on Sales - Market size and forecast 2024-2029 ($ million)
Chart on Sales - Year-over-year growth 2024-2029 (%)
Data Table on Sales - Year-over-year growth 2024-2029 (%)
9.4 Rental/Lease - Market size and forecast 2024-2029
Chart on Rental/Lease - Market size and forecast 2024-2029 ($ million)
Data Table on Rental/Lease - Market size and forecast 2024-2029 ($ million)
Chart on Rental/Lease - Year-over-year growth 2024-2029 (%)
Data Table on Rental/Lease - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Mode of Booking
Market opportunity by Mode of Booking ($ million)
Data Table on Market opportunity by Mode of Booking ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Aung Myin Pyae Sone Co. Ltd.
Aung Myin Pyae Sone Co. Ltd. - Overview
Aung Myin Pyae Sone Co. Ltd. - Product / Service
Aung Myin Pyae Sone Co. Ltd. - Key offerings
SWOT
13.5 Ayeryar Hinthar Holdings Co. Ltd.
Ayeryar Hinthar Holdings Co. Ltd. - Overview
Ayeryar Hinthar Holdings Co. Ltd. - Product / Service
Ayeryar Hinthar Holdings Co. Ltd. - Key offerings
SWOT
13.6 Beaver Concrete Construction Co. Inc.
Beaver Concrete Construction Co. Inc. - Overview
Beaver Concrete Construction Co. Inc. - Product / Service
Beaver Concrete Construction Co. Inc. - Key offerings
SWOT
13.7 Capital Diamond Star Group Ltd.
Capital Diamond Star Group Ltd. - Overview
Capital Diamond Star Group Ltd. - Product / Service
Capital Diamond Star Group Ltd. - Key offerings
SWOT
13.8 Dagon Group
Dagon Group - Overview
Dagon Group - Product / Service
Dagon Group - Key offerings
SWOT
13.9 Eden Group
Eden Group - Overview
Eden Group - Product / Service
Eden Group - Key offerings
SWOT
13.10 Ever Seiko Co. Ltd.
Ever Seiko Co. Ltd. - Overview
Ever Seiko Co. Ltd. - Product / Service
Ever Seiko Co. Ltd. - Key offerings
SWOT
13.11 Excellent Fortune Development Group
Excellent Fortune Development Group - Overview
Excellent Fortune Development Group - Product / Service
Excellent Fortune Development Group - Key offerings
SWOT
13.12 IME Group
IME Group - Overview
IME Group - Product / Service
IME Group - Key offerings
SWOT
13.13 Keppel Corp. Ltd.
Keppel Corp. Ltd. - Overview
Keppel Corp. Ltd. - Business segments
Keppel Corp. Ltd. - Key offerings
Keppel Corp. Ltd. - Segment focus
SWOT
13.14 Marga 23 Investment Ltd.
Marga 23 Investment Ltd. - Overview
Marga 23 Investment Ltd. - Product / Service
Marga 23 Investment Ltd. - Key offerings
SWOT
13.15 Max Myanmar Group
Max Myanmar Group - Overview
Max Myanmar Group - Product / Service
Max Myanmar Group - Key offerings
SWOT
13.16 Myanmar Seilone Group
Myanmar Seilone Group - Overview
Myanmar Seilone Group - Product / Service
Myanmar Seilone Group - Key offerings
SWOT
13.17 Shwe Taung Development Co. Ltd.
Shwe Taung Development Co. Ltd. - Overview
Shwe Taung Development Co. Ltd. - Product / Service
Shwe Taung Development Co. Ltd. - Key offerings
SWOT
13.18 Yoma Strategic Holdings Ltd.
Yoma Strategic Holdings Ltd. - Overview
Yoma Strategic Holdings Ltd. - Product / Service
Yoma Strategic Holdings Ltd. - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
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 Company Market Positioning
Exhibits 7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 8: Overview on criticality of inputs and factors of differentiation
Exhibits 9: Overview on factors of disruption
Exhibits 10: Impact of drivers and challenges in 2024 and 2029
Exhibits 11: Parent Market
Exhibits 12: Data Table on - Parent Market
Exhibits 13: Market characteristics analysis
Exhibits 14: Value chain analysis
Exhibits 15: Offerings of companies included in the market definition
Exhibits 16: Market segments
Exhibits 17: Chart on Myanmar - Market size and forecast 2024-2029 ($ million)
Exhibits 18: Data Table on Myanmar - Market size and forecast 2024-2029 ($ million)
Exhibits 19: Chart on Myanmar: Year-over-year growth 2024-2029 (%)
Exhibits 20: Data Table on Myanmar: Year-over-year growth 2024-2029 (%)
Exhibits 21: Historic Market Size - Data Table on Residential Real Estate Market in Myanmar 2019 - 2023 ($ million)
Exhibits 22: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 23: Historic Market Size - Mode of Booking Segment 2019 - 2023 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2024 and 2029
Exhibits 25: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 27: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 28: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 30: Chart on Market condition - Five forces 2024 and 2029
Exhibits 31: Chart on Type - Market share 2024-2029 (%)
Exhibits 32: Data Table on Type - Market share 2024-2029 (%)
Exhibits 33: Chart on Comparison by Type
Exhibits 34: Data Table on Comparison by Type
Exhibits 35: Chart on Landed houses and villas - Market size and forecast 2024-2029 ($ million)
Exhibits 36: Data Table on Landed houses and villas - Market size and forecast 2024-2029 ($ million)
Exhibits 37: Chart on Landed houses and villas - Year-over-year growth 2024-2029 (%)
Exhibits 38: Data Table on Landed houses and villas - Year-over-year growth 2024-2029 (%)
Exhibits 39: Chart on Apartments and condominiums - Market size and forecast 2024-2029 ($ million)
Exhibits 40: Data Table on Apartments and condominiums - Market size and forecast 2024-2029 ($ million)
Exhibits 41: Chart on Apartments and condominiums - Year-over-year growth 2024-2029 (%)
Exhibits 42: Data Table on Apartments and condominiums - Year-over-year growth 2024-2029 (%)
Exhibits 43: Market opportunity by Type ($ million)
Exhibits 44: Data Table on Market opportunity by Type ($ million)
Exhibits 45: Chart on Mode of Booking - Market share 2024-2029 (%)
Exhibits 46: Data Table on Mode of Booking - Market share 2024-2029 (%)
Exhibits 47: Chart on Comparison by Mode of Booking
Exhibits 48: Data Table on Comparison by Mode of Booking
Exhibits 49: Chart on Sales - Market size and forecast 2024-2029 ($ million)
Exhibits 50: Data Table on Sales - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Chart on Sales - Year-over-year growth 2024-2029 (%)
Exhibits 52: Data Table on Sales - Year-over-year growth 2024-2029 (%)
Exhibits 53: Chart on Rental/Lease - Market size and forecast 2024-2029 ($ million)
Exhibits 54: Data Table on Rental/Lease - Market size and forecast 2024-2029 ($ million)
Exhibits 55: Chart on Rental/Lease - Year-over-year growth 2024-2029 (%)
Exhibits 56: Data Table on Rental/Lease - Year-over-year growth 2024-2029 (%)
Exhibits 57: Market opportunity by Mode of Booking ($ million)
Exhibits 58: Data Table on Market opportunity by Mode of Booking ($ million)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2024 and 2029
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Company ranking index
Exhibits 66: Matrix on companies position and classification
Exhibits 67: Aung Myin Pyae Sone Co. Ltd. - Overview
Exhibits 68: Aung Myin Pyae Sone Co. Ltd. - Product / Service
Exhibits 69: Aung Myin Pyae Sone Co. Ltd. - Key offerings
Exhibits 70: SWOT
Exhibits 71: Ayeryar Hinthar Holdings Co. Ltd. - Overview
Exhibits 72: Ayeryar Hinthar Holdings Co. Ltd. - Product / Service
Exhibits 73: Ayeryar Hinthar Holdings Co. Ltd. - Key offerings
Exhibits 74: SWOT
Exhibits 75: Beaver Concrete Construction Co. Inc. - Overview
Exhibits 76: Beaver Concrete Construction Co. Inc. - Product / Service
Exhibits 77: Beaver Concrete Construction Co. Inc. - Key offerings
Exhibits 78: SWOT
Exhibits 79: Capital Diamond Star Group Ltd. - Overview
Exhibits 80: Capital Diamond Star Group Ltd. - Product / Service
Exhibits 81: Capital Diamond Star Group Ltd. - Key offerings
Exhibits 82: SWOT
Exhibits 83: Dagon Group - Overview
Exhibits 84: Dagon Group - Product / Service
Exhibits 85: Dagon Group - Key offerings
Exhibits 86: SWOT
Exhibits 87: Eden Group - Overview
Exhibits 88: Eden Group - Product / Service
Exhibits 89: Eden Group - Key offerings
Exhibits 90: SWOT
Exhibits 91: Ever Seiko Co. Ltd. - Overview
Exhibits 92: Ever Seiko Co. Ltd. - Product / Service
Exhibits 93: Ever Seiko Co. Ltd. - Key offerings
Exhibits 94: SWOT
Exhibits 95: Excellent Fortune Development Group - Overview
Exhibits 96: Excellent Fortune Development Group - Product / Service
Exhibits 97: Excellent Fortune Development Group - Key offerings
Exhibits 98: SWOT
Exhibits 99: IME Group - Overview
Exhibits 100: IME Group - Product / Service
Exhibits 101: IME Group - Key offerings
Exhibits 102: SWOT
Exhibits 103: Keppel Corp. Ltd. - Overview
Exhibits 104: Keppel Corp. Ltd. - Business segments
Exhibits 105: Keppel Corp. Ltd. - Key offerings
Exhibits 106: Keppel Corp. Ltd. - Segment focus
Exhibits 107: SWOT
Exhibits 108: Marga 23 Investment Ltd. - Overview
Exhibits 109: Marga 23 Investment Ltd. - Product / Service
Exhibits 110: Marga 23 Investment Ltd. - Key offerings
Exhibits 111: SWOT
Exhibits 112: Max Myanmar Group - Overview
Exhibits 113: Max Myanmar Group - Product / Service
Exhibits 114: Max Myanmar Group - Key offerings
Exhibits 115: SWOT
Exhibits 116: Myanmar Seilone Group - Overview
Exhibits 117: Myanmar Seilone Group - Product / Service
Exhibits 118: Myanmar Seilone Group - Key offerings
Exhibits 119: SWOT
Exhibits 120: Shwe Taung Development Co. Ltd. - Overview
Exhibits 121: Shwe Taung Development Co. Ltd. - Product / Service
Exhibits 122: Shwe Taung Development Co. Ltd. - Key offerings
Exhibits 123: SWOT
Exhibits 124: Yoma Strategic Holdings Ltd. - Overview
Exhibits 125: Yoma Strategic Holdings Ltd. - Product / Service
Exhibits 126: Yoma Strategic Holdings Ltd. - Key offerings
Exhibits 127: SWOT
Exhibits 128: Inclusions checklist
Exhibits 129: Exclusions checklist
Exhibits 130: Currency conversion rates for US$
Exhibits 131: Research methodology
Exhibits 132: Information sources
Exhibits 133: Data validation
Exhibits 134: Validation techniques employed for market sizing
Exhibits 135: Data synthesis
Exhibits 136: 360 degree market analysis
Exhibits 137: List of abbreviations

Executive Summary

The following companies are recognized 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 technological 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 (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.