The Myanmar Times
Friday, 19 September 2014
The Myanmar Times
The Myanmar Times

Moving in difficult due to permit delays

Delays issuing Building Completion Certificates (BCC) are keeping owners and renters from moving into recently completed buildings, say developers.

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European accents

If you’re looking for peace and quiet, this brand-new, partially furnished three-bedroom house in South Okkalapa township could be the home for you.

 

 

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Height limits imposed in Dagon City

Plans for a large US$300 million mixed-use project in Yangon were revealed last week, but government officials say they will keep an eye on its proposed high-rise structures to see if they contravene zoning plans.

 

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Many left stranded in buying rush

It is no secret that speculators have pushed Yangon’s property prices sky-high, with costs for houses or industrial land or commercial office space now rivalling first-class cities like Los Angeles and Singapore, even though Yangon is the largest city in a UN-recognised Least Developed Country.

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JICA bridges a funding gap

Japan has pledged to spend four billion yen (US$39 million) to build a bridge to from Yangon city to Thaketa township, according to an official from Japan International Cooperation Committee.

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Pre-pay buyers warned that promised projects don’t always end well

Buyers of unbuilt apartment units ought to tread carefully when dealing with building contractors who take the money before construction work even begins on an apartment building, according to experts.

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Rains slow construction boom

The rainy season has brought its annual reduction in demand for construction materials. Prices have likewise fallen, but even the hardiest developers have little interest starting to building foundations and putting up buildings in the rain.

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A towering home for the largest families

Fresh offerings are often snapped up quickly in the Yangon market, and this large new three-storey stand-alone in Yankin township will likely be no different. 

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