The short version
Kamayut is one of the most useful inner-west choices for someone whose routine is tied to universities, Pyay Road or the Inya Lake side of the city. It is an urban district rather than a picturesque enclave: campuses, apartment blocks, shops and major roads sit close together, with enough ordinary local life to keep it from feeling like a purely commercial corridor.
University city, not campus suburb
The University of Yangon and related institutional land give Kamayut a particular rhythm. Students, staff, food stalls and small services are part of the district’s daily texture, but campuses also create long edges and indirect journeys. Junction Square and the Pyay Road corridor provide practical retail and connections, while the streets behind them are more varied and residential.
The road question
The sensible viewing question is not simply how close a building is to Pyay Road. It is which side of it, how a resident will cross it, and whether the local route works in rain and evening traffic. Kamayut can make a strong base for west-side work or study; it is less convincing as an abstract promise of easy access to every part of Yangon.
Would I live here?
Yes, for an inner-city life that values useful services, the university setting and access to the lake-side districts. I would trade a little charm for a quieter internal street and treat the main road as infrastructure to use, not as a view to pay extra for.