Ayeyar Chan Thar luxury housing set for 2018 finish

January 2018 has been set as the completion date for the first phase of the Ayeyar Chan Thar luxury housing complex in Dagon Seikkan township. Phase one of the project is now about 40 percent complete, said spokesperson Daw Hla Thuzar New yesterday.

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Yangon committee starts high-rise inspection visits

A newly formed Yangon Region government committee will make its first site visits to review suspended high rise projects today.

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Yangon's high-rise review to finish soon

The Yangon Region government will finish scrutinising suspended high-rise projects within the next week, Yangon Region’s chief minister told yesterday’s parliament session.

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Golden City denies Toener link

Luxury condominium and hotel project Golden City has denied any involvement with Chinese firm Toener Investment Group, which lists Golden City as a real estate project on its website.

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Chinese group to develop 31-acre luxury complex in Yangon

The Chinese investors behind two major residential projects in Yangon are preparing to launch another huge development on a 31-acre site beside the city’s Hlaing River.

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Developers face penalties amid construction ban

As a city-wide suspension on high-rise projects continues, developers in Yangon say they will have to pay penalty fees to buyers for failing to complete their projects on time and may be forced to default on their bank loans.

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Malaysian firm cancels Yangon office tower

A Malaysian company has cancelled plans to build a 32-storey office tower in Yangon with a local partner after the two sides failed to agree on the terms of the joint venture.

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Myanmar’s only synagogue receives blue heritage plaque

Yangon Heritage Trust awarded a commemorative blue heritage plaque to the Musmeah Yeshua Synagogue in Yangon yesterday.

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