The Myanmar Times
Wednesday, 04 March 2015
The Myanmar Times
The Myanmar Times

Fines and seizures coming to industrial land with no progress

Undeveloped land on industrial zones will subject to fines and possible confiscation by the Ministry of Industry, according to deputy industry minister U Thein Aung.

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Property price rise puts pressure on pre-sales

Surging property prices are making it more difficult for buyers to pay for units with one-time purchases, and buyers are increasingly turning to pre-sales that allow installment payments.

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Building better real estate laws

Fostering growth in the property market will require an improved legal climate, likely including more participation by the Myanmar Investment Commission, according to Edwin Vanderbruggen, senior partner at legal and tax advisers VDB Loi.

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The Golden Valley housing game

House of the Week has a few regrets. Never getting good at bowling, for instance, or not pursuing youthful dreams of raising professional fighting cocks.

 

 

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Inle area land prices ride tourism boom

Land prices in the formerly sleepy Nyaung Shwe-Inle Lake region of Shan State are beginning to rival prices in urban Yangon and Mandalay.

 

 

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Low-income housing comes to needy

Mandalay City Development Committee will build 5000 low-cost housing units this year, targeted for those evicted by other projects, retired government staff and wounded veterans.

 

 

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Balconies galore in Hlaing tsp

If you like balconies, then this $7000 per month rental property could be just what you're looking for.

 

 

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City to expand past Mandalay hill

The area north of Mandalay Hill will transition from rice paddy to housing development over the next year, as Mandalay city will expand north of the city as a planned project goes ahead.

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