The Myanmar Times
Wednesday, 01 October 2014
The Myanmar Times
The Myanmar Times

Draft town plan to stabilise runaway prices: minister

Land speculators could get their fingers burnt if town planning rules prevent the construction of certain types of building on their property, a government minister has warned. U Soe Maung, Union Minister for the State President’s Office, says that city zoning could help stabilise land prices.

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Crackdown coming for Yangon’s many unlicensed contractors

Unlincensed contractors are facing a crackdown as the Yangon Region government is spurring municipal authorities into action.

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Kyaukphyu SEZ plan nears finish as ‘mud volcano’ causes move

The developers behind Kyaukphyu Special Economic Zone plan to release the master plan at the end of June, even as a “mud volcano” has forced some of the project to move, according to officials.

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Foreigners prefer stand-alone houses over condos, estate agents say

Foreigners are expressing a preference for renting detached houses rather than condominiums or apartments, as catering to foreign clients becomes a growing market for Myanmar real estate agents.

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Finding a detached home with a fair price

Asking K2.3 million a month to rent a fully detached house is a tall order in Yangon’s property market, but that’s what the owners of this 4000 square foot house on a 7225 sq ft compound in Thingangyun township is seeking.

 

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Safety first? The building boom

If the sheer number of “Safety First” signs were any indication, Yangon’s construction sites would be safe places to work. But workplace safety is often not the highest priority.

 

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Condo Law sent back to the drawing board

Weaknesses in the recently completed draft Condominium Law need to be addressed before it can be promulgated, according to officials from the Department of Human Settlement and Housing Department (DHSHD).

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Make a social statement

This modern building on Mindhamma Road in Myanagon township is beautiful, but equally impressive are its skyline views.

 

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