Tuesday, May 31, 2016
The Myanmar Times
The Myanmar Times

Yangon needs smart urban planning: experts

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.

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Wholesale vegetable market on track for 2018

Fruit , vegetable and flower sellers at Yangon’s Danyingone Market, Insein township, are awaiting the country’s first international-standard wholesale centre with a mixture of hope and fear.

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Ministry plans housing for under K10m

The construction ministry has drafted an urgent plan to build 8000 low-cost housing units in Yangon to be sold for less than K10 million each to the city’s low-income residents.

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China to refurbish National Theatre and Thuwunna Stadium

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. 

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Junction City Phase 1 due for early 2017

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.

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High-rise construction stopped for review

The new Yangon Region government is reviewing all high-rise building projects nine floors or higher to determine which will go ahead – even those already under construction.

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Construction ministry seeks housing solution

The Ministry of Construction is negotiating with state and region governments to set new housing policies aimed at helping working-class people and squatters.

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Myanmar buyers get second bite at Malaysian Paradiso

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.

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