According to Aye Lwin, joint-secretary of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), over 50% of all investments flowing into Burma are targeting the real estate sector.
After Myanmar opened its doors to the rest of the world, more and more foreigners started moving to Burma either for business or personal reasons. Demand for real estate, as well as prices, skyrocketed, and with them the amount of jobs in the real estate industry in Myanmar.
It is estimated that the demand will continue growing during the year 2015. Yangon has 5 million inhabitants and there is a great discrepancy between supply and demand: that is why real estate professionals are in such need.
The new government is making efforts to attract foreign investments by pushing economic and political reforms. Nowadays the construction sector is developing rapidly to satisfy the needs of the market, it will ease the shortage of high quality apartments.
This is a perfect time for anyone who wants to build career in the real estate sector of Myanmar.
This rapidly growing market with high demand needs many specialists with a good knowledge of the local situation, language and traditions. A job in real estate is a perfect choice for anyone who wants to work in dynamic field.
What kind of real estate jobs in Myanmar can you find?
Real estate is a big market with a lot of job opportunities. From construction to selling, the variety of positions makes it possible for professionals with various skills to get a job. Depending on your experience you can apply for the following positions:
Property and Asset Manager
Real estate consultant
Key Account Manager
Corporate Real Estate Manager
Real Estate Analyst
Real Estate project manager
Working in real estate requires good communication skills, knowledge of neighborhoods , as well as a good knowledge of psychology. A realtor must be able to understand the needs of his customer in order to be able to satisfy them.