COVID-19: Impact on the business of residential buying and investment
Updated: Jun 21
Regardless of situation, people always need a place to stay. And this is the time for home buyers to look at how the estate management is preparing for the pandemic so they can make informed choices about where is the safest place to stay.
During COVID-19, the general public is made more acutely aware of the importance of staying in a gated community or gated golf community where density is lower, thus offering expansive personal space for the residents. People are also looking for an estate developed by real estate developer or property developer that can or has the capacity to put together a contingency plan to safeguard the wellbeing of the residents such as temperature screening all visitors to the estate or provision of daily amenities like food and continuous power supply.
Just before the escalated global concern and fear, we launched the sales of our newly completed homes at Lotus Place and Lotus Hill at the Pun Hlaing golf estate. As the sales of the properties centred around selective customization, the open house took on a by appointment format to facilitate our discussion with potential home buyers. To our surprise, the global lock down did not deter home buyers from visiting. In fact, the situation automatically filters the shoppers from real leads. The latter being potential home-occupiers looking for a secured environment for themselves and their families.
Temperature screen at the gates did not deter anyone from consideration. If fact, it drives home a message for the need of a safe place to house their family members. No epidemic lasts forever, it will pass and at Yoma Land, we are committed to conduct our viewings responsibly and sensibly.
About Pun Hlaing golf estate
Luxury Lifestyle Redefined
Pun Hlaing Estate is a beautifully landscaped oasis of luxury homes set on a peninsula between the Hlaing and Pan Hlaing Rivers with a land area of 652 acres. The estate mainly comprises landed houses and low-rise apartments, set within lush green spaces, for rent and sale. The estate offers a unique lifestyle for families with a wide range of amenities, including a world-class 18-hole Gary Player designed golf course and a country club. The site is supported by Dulwich International School, Awei Metta Hotel and Silom Hospital. It is widely regarded as the pre-eminent gated community in Myanmar that is popular with both international and local residents.