The Myanmar Times
Thursday, 24 April 2014
The Myanmar Times
The Myanmar Times

Yuzana Plaza shops going out of business

Retail shop owners at Yangon’s Yuzana Plaza said last week that they have filed a letter with parliament complaining that they would likely lose their business if the plaza enforces a substantial increase in rent slated for next month.

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New projects infringing on Old Bagan

Government officials have voiced concerns that development projects in and around the Old Bagan may soon begin to impact iconic plains of temples.


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Mandalay realtors petition over tax

Real estate brokers in Mandalay said they are preparing to petition authorities to cut a 37 percent property transaction tax imposed in 2012.

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South Okkalapa property prices soar

Apartment prices in South Okkalapa township are being driven up by artificial price manipulation from constructor-landowner partnerships, industry players say.

 

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Eight miles high

It’s a bit far from the city centre, but what a place to come home to: 1530 square feet on the third floor of this newly constructed building, built by Golden Flower Construction and featuring a striking exterior design.

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SEZ project driving prices for land upward

The groundbreaking of the 400-hectare Thilawa Special Economic Zone (SEZ) last month has speculative land- owners increasing property prices by as much as 1000 percent in adjacent areas.

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Conservationists roll out heritage sites map

German researchers have worked with local conservationists and the Myanmar government to create a map showing the country’s ancient historical buildings.

 

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Bogyoke Market tenants appeal over eviction

Controversy arises over Bogyoke market evictions, with storeholders potentially facing legal action.

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