Living downtown has its perks. For one thing, it is a joy to be able to walk to places instead of being stuck in a taxi or on a bus. There is a lot happening downtown as well, with new restaurants and galleries and other diversions opening all the time.
U Mg Mg’s problem is too common to many of Yangon’s would-be condominium unit owners. He signed a contract a couple years ago to purchase a unit in a building in Mingalar Taung Nyunt township where construction shows no signs of beginning.
The blue carpet in the dining room first caught House of the Week’s eye. Variations of parquet and tile often dominate the floors in Yangon homes, but the carpet certainly added a different hue to the room.
The Ministry of Industry is considering ways to improve access to land for businesspeople, including looking at ending speculation and housing on industrial property, said deputy industry minister U Thein Aung.