Smart planning is urgently needed to accommodate millions of people expected to move to Yangon over the next 20 years and to rebalance existing population densities, urban development experts say.
China has again come forward with aid to refurbish two gifts it gave to Myanmar more than 30 years ago – the National Theatre and Thuwunna Stadium, both built in the 1980s.
Shwe Taung Group yesterday announced that the first phase of its US$300 million project in downtown Yangon, a 23-storey office block called Junction City Tower, is on track to open in the first quarter of 2017.
Myanmar investors are to get a second chance to invest in Malaysia’s luxury property market. Singapore-based KAE Alliance is selling another set of units at the Paradiso Nuova luxury condo in Medini city, said Ko Naung Ko Ko Latt, the company’s sales consultant.