Increase in house repairs leads to brisk sales of construction materials

Home repairs have been increased in Yangon Region and as a result, sales of construction materials have been brisk.
The monsoon season is coming after Thingyan period, therefore people are repairing their houses, resulting in good selling of basic construction materials.
“This is house repairing season. Sales of basic construction materials such as iron, cement, brick, sand and gravel have been active. But sales of imported items have been slowing. As far as we know, price of basic construction materials has been good in Yangon, while it has been normal in other regions,” said an owner of a construction material retail and wholesale shop in Yangon.
He commented that increase in home renovation and new construction causes the price of basic construction materials climb up to some extent.
“An 8-hole brick is priced at K182 and a 10-hole brick is priced at about K210. The price of sand for 1.5 sud is K45,000 and the price of gravel for 1.5 sud is K145,000,” he quoted the market price on 15 March. Despite the vibrant market for construction materials, interior decoration market has been still quiet. — Htet Oo Maung/ZS/ED