Wednesday, August 24, 2016
The Myanmar Times
The Myanmar Times

Yangon’s not-so affordable housing

Apartments in two pilot affordable housing projects on the outskirts of Yangon look likely to be a bit less affordable than anticipated.

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CQHP warns against low-quality construction materials

Some construction materials are being falsely marketed as high-quality, when in reality they are sub-standard, the head of Myanmar’s high-rise building regulator has warned, as concerns mount over poor quality building practices.

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Real estate enters election shutdown

Real estate agents in Yangon say the property market has fallen totally silent over the past week, with almost no deals signed.

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Yangon needs 75,000 new apartments each year

Yangon will need around 75,000 new apartments to be built each year to accommodate the city’s growing population, but contractors are struggling to come anywhere close to this target.

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YCDC approves five companies for soil testing

Five more companies have been authorised to carry out soil testing in advance of construction projects in Yangon.

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Capella Real Estate to develop commercial property

Interview: Founder and CEO of Capella Real Estaet and Investment Ko Zaw Min Htun discusses the challenges to developing a small business.

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YCDC outlaws extensions to public housing

Residents at Yangon’s affordable housing projects will be punished if they attempt to enlarge their apartments by building extensions.

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Compensation for Yangon-Dala bridge to be paid this month

In an apparent effort to ensure good relations with local residents and avoid the problems that have dogged other development projects, local authorities have agreed to pay compensation in advance to people forced to move to make way for the Yangon-Dala Bridge.

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