Saturday, April 30, 2016
The Myanmar Times
The Myanmar Times

Rent falls for Yangon expats

More supply and fewer foreign renters have caused rental prices in the high-end expat Yangon property market to fall, according to real estate industry figures – but a lack of data means the extent of the drop is hard to quantify.

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Monks to press charges against Zaykabar over damaged monastery

Religious officials say they plan to press charges against Zaykabar Company, which sent uniformed men to destroy a religious building and insulted monks during the Thingyan holiday on a long-disputed plot of land in Yangon’s Mingalardon township.

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Yoma Strategic to invest $100m in Dulwich College Yangon

A new international school set to open in Yangon could receive up to US$100 million in financing from Yoma Strategic, an official from Dulwich College International said yesterday.

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Yangon to get 15,000 new low-cost homes

Three developers will build 15,000 low-cost housing units on a large plot of government land in Yangon’s Dagon Seikkan township, as the new administration turns its attention to meeting a growing housing shortage in the commercial capital.

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New government to focus on affordable housing

Many more low-priced and rental apartments are expected to be built across Myanmar under the new government according to a director general in the Ministry of Construction.

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NLD set to review ‘new city’ project

Within days of coming into office, Yangon Region’s new National League for Democracy-led government has started to flex its muscles over the proposed Southwest New City project.

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Harnessing investment into Yangon’s development

The construction market has slowed considerably in Yangon over the past year but developers hope that good times for the industry will return under the new government.

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Chinese-backed condominium project launches in Yangon

Chinese group Toener Investment has launched sales of a new five-tower condominium project in Yangon’s Yankin township known as Kanbae Towers.

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