Myanmar’s young population, rising disposable incomes and low-cost labor pool reflect strong economic fundamentals, however the country’s real estate market still faces several challenges. On November 8, Myanmar will hold its first election since a nominally civilian government was introduced in 2011, ending nearly 50 years of military rule. The world will be watching as the ruling Union Solidarity and Development Party face the opposition of the National League for Democracy, led by Aung San Suu Kyi. Despite the political uncertainty, an orderly election and outcome is widely predicted. “It’s almost like a milestone. It’s something that needs to be passed and put behind as smoothly as possible,” says Andrew Gulbrandson, JLL Thailand’s head of research and consulting, who is also responsible for coordinating much of the firm’s ongoing consultancy work in Myanmar.