Monday, August 29, 2016
The Myanmar Times
The Myanmar Times

Yangon committee starts high-rise inspection visits

A newly formed Yangon Region government committee will make its first site visits to review suspended high rise projects today.

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Yangon's high-rise review to finish soon

The Yangon Region government will finish scrutinising suspended high-rise projects within the next week, Yangon Region’s chief minister told yesterday’s parliament session.

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Golden City denies Toener link

Luxury condominium and hotel project Golden City has denied any involvement with Chinese firm Toener Investment Group, which lists Golden City as a real estate project on its website.

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Chinese group to develop 31-acre luxury complex in Yangon

The Chinese investors behind two major residential projects in Yangon are preparing to launch another huge development on a 31-acre site beside the city’s Hlaing River.

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Developers face penalties amid construction ban

As a city-wide suspension on high-rise projects continues, developers in Yangon say they will have to pay penalty fees to buyers for failing to complete their projects on time and may be forced to default on their bank loans.

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Malaysian firm cancels Yangon office tower

A Malaysian company has cancelled plans to build a 32-storey office tower in Yangon with a local partner after the two sides failed to agree on the terms of the joint venture.

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Myanmar’s only synagogue receives blue heritage plaque

Yangon Heritage Trust awarded a commemorative blue heritage plaque to the Musmeah Yeshua Synagogue in Yangon yesterday.

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Pyay Garden Residence opens after 15 years

Zaykabar Group opened a major residential project on Yangon’s Pyay Road yesterday that has been under development for more than 15 years.

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