The Myanmar Times
The Myanmar Times

Thilawa worker dormitory rooms to go for $25 per month

Dormitories for the first 2500 of what could eventually be 200,000 workers at Thilawa special economic zone have been completed, and could receive their first tenants within weeks. A bed in one of the 18-by-25-foot rooms will go for US$25, the management company says.

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Real estate law headed to Nay Pyi Taw

As the real estate world awaits the recovery of Yangon’s lagging property market, parliament is soliciting views on a draft law that would govern the provision of services in what has been a fast-growing and sometimes disputatious field.

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More than 2000 low-cost units to go on sale

More than 2000 low-cost apartments will go on the market next month as a wave of government construction projects nears completion, officials have announced.

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Real estate agents pin foreign investment hopes and tax consistency on new policy

Anticipation is building in many sectors ahead of a workshop in Nay Pyi Taw this weekend, where the government has invited business leaders to discuss the new rules governing investment and how this will mesh with the long-awaited economic policy.

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Property brokers eye offshore condo sales

Local property agents are expanding further into Singapore’s condominium market, taking the opportunity presented by a change in visa regulations, contained prices and a friendly regulatory environment.

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Socialist-era public housing in Yankin in line for an upgrade

Yankin's Socialist-era public housing is targeted for demolition, with damaged and poorly maintained buildings set to be cleared in order to make way for modern housing developments.

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Construction and housing bank to extend duration on lending for low-cost housing

Low-cost housing residents who have borrowed to buy their homes could be given nearly twice as long as they expected to pay back their loans, a leading bank has announced.

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Condominium by-laws delayed with govt targeting completion by year’s end

A shortage of technical expertise has delayed the issuance of by-laws that would allow sales under the Condominium Law passed last January, industry sources say.

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