The Myanmar Times
Wednesday, 29 July 2015
The Myanmar Times
The Myanmar Times

Condo Law impasse could spur new draft

The Pyidaungsu Hluttaw will resume discussion of a controversial draft Condominium Law on August 10, according to Amyotha Hluttaw representative U Phone Myint Aung.

Continue reading »

Long-term real estate view needed in new Dagons

Investing in property in the new Dagon townships on the city’s outskirts must come with a long-term view, according to experts.

Continue reading »

New home imminent for the developers of Dagon City 1

The company behind a high-profile development near to Shwedagon Pagoda that was cancelled earlier this month will be offered a new site for the project “very soon”, according to a spokesperson.

Continue reading »

Rail ministry to repeat aborted tender

The Ministry of Rail Transportation has cancelled a tender to redevelop the area surrounding the Yangon Central Railway Station, with plans to launch another in the future, according to a statement posted on the Ministry of Information’s web portal late last week.

Continue reading »

Housing hopes pinned on Dagon Seikkan

Yangon has long struggled to provide affordable housing options to its lowest income citizens, due to a lack of financing options and high land prices. Real estate agents believe that new developments in Dagon Seikkan township may be the first step towards a solution.

Continue reading »

Housing market prices starting to decline

Prices for standalone housing have started to drop, the latest sign that the real estate sector has entered a decline.

Continue reading »

Caution urged for Yangon BOT property sales

The sale of units in built-operate-transfer (BOT) housing developments has slowed almost to a standstill, as buyers grow increasingly wary of the risks, according to commentators.

Continue reading »

New City villagers hope for the bright lights of the big city

Villagers living in the area marked out for development to the west of Yangon have dreamed of urbanisation ever since their view of the city’s skyline began to change.

Continue reading »