The Myanmar Times
Saturday, 20 December 2014
The Myanmar Times
The Myanmar Times

Low-cost project called a possible fraud scheme

A scheme to allow would-be homeowners to make small monthly payments to purchase apartment units was attacked by Yangon Region parliamentarians last week, who warned of the possibility of fraud.

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Oldest church celebrates heritage

The Armenian Church of St John the Baptist saw its biggest crowds in living memory – and it wasn’t even a Sunday.

 

 

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Prices plummet after new city plans halted

Market prices have collapsed west of Yangon after region officials shelved controversial plans for a massive city expansion in the area.

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Yangon new city plan suspended indefinitely

The Yangon Region government has ended weeks of controversy by indefinitely shelving a massive expansion plan on the city’s western fringe.

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Historic Rowe & Co building lives on with a new purpose

Yangon Heritage Trust is touting a building owned by AYA Bank as a fine example of historical repurposing, awarding it a blue plaque to mark its historical designation on September 25.

 

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Accor hotels set for further expansion

French hotel group Accor is set to expand its Myanmar presence with three budget properties, following its return to the country in 2013.

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Progress made on GEMS Garden condos

Gems Garden Condominium is on pace to be finished at the end of 2015, adding an upscale offering to Yangon property buyers, according to company officials.

 

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Expanding urban population changes property needs

Cities are growing twice as fast as the total population and will be crucial for Myanmar’s economic future, said Putu Kamayana, adviser at New Star Light Construction and former Asian Development Bank country head.

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