Singapore's largest private property developer Far East Organization will open a sales desk in Yangon, officials said on November 12.
This house has a great lot. Coming in at 8000 square feet, there is plenty of room to stretch. It’s a work in progress, meaning it’s up to you to tailor it to your tastes – whether that’s a garden, a space for sports or grazing cattle.
More local engineers ought to register with the ASEAN Engineer Registry, which aims to allow local engineers to take part in projects in other countries, according to officials from the Myanmar Engineers Society.
Undeveloped land on industrial zones will subject to fines and possible confiscation by the Ministry of Industry, according to deputy industry minister U Thein Aung.
Fostering growth in the property market will require an improved legal climate, likely including more participation by the Myanmar Investment Commission, according to Edwin Vanderbruggen, senior partner at legal and tax advisers VDB Loi.