YCDC and the Myanmar Port Authority are clashing on whether Yangon’s waterfront should be developed for community or commercial use.
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David Ney is wearing Hawaiian print boardshorts. He’s standing in the corner amid the haphazard piles of guests’ shoes at a dark and crowded party in an apartment on Yaw Min Gyi Street.
A stroll down Yaw Min Gyi Street in Dagon township is a time lapse in action that doubles as a progress report on the health of Yangon’s booming property development sector.
Foreigners will be eligible to own apartments on the 6th floor or above of condominiums, according to an official draft of the Condominium Law.
Located in South Dagon, this gem of a house is suitable for the family looking to escape the noisy city center.
Foreigners will be eligible to own apartments on the 6th floor or above of condominiums, according to an official draft of the Condominium Law published on November 10 in The New Light of Myanmar.
As the international eye of investment turns to Myanmar, the correlating influx of both expats and Myanmar professionals are finding a home on the outskirts of Yangon in the new Dagon townships.
US-based construction firm Holloman Corporation and Myanmar’s Young Investment Group have both invested US$200 million to set up the Young Holloman Corporation in Myanmar, the firms announced.
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