The Myanmar Times
Saturday, 02 August 2014
The Myanmar Times
The Myanmar Times

All bids in on low-cost housing

The Yangon City Development Committee (YCDC) has received its first applications from would-be homeowners looking to buy apartments in Yangon’s sought-after Bo Min Yaung housing development.

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Singapore firm wins Kyaukpyu consultancy

The Singapore-based consortium Creative Professional Groups (CPG) has been selected to consult on the awaited Kyaukpyu Special Economic Zone (SEZ) in Rakhine State.

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Soaring rent is squeezing out retailers in Yangon

Retail space rents are increasing as much as 50 percent year-on-year, squeezing not only small and medium enterprises, but also big business, out of profitable areas in Yangon, local businesses and experts said last week.

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Metal scaffolding taking hold

In a sign of maturing for Myanmar’s property market, more efficient metal scaffolding is replacing the traditional bamboo scaffolding in development projects in Yangon as buildings get higher and bamboo becomes more expensive, construction experts said.

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Go big and go home

This large, detached, newly renovated house in its own compound is close to Yangon International Airport on Aung Mingalar Highway, North Okkalapa township.

 

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YCDC to crack whip on illegal projects

The Yangon City Development Committee will tighten its control over construction projects and crack down on developers that do not abide by city regulations, officials said.

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New UNESCO approach for Bagan

Bagan Archaeological Zone is to get another shot at UNESCO status with efforts to push through the historic area’s most important temples first

 

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YCDC okays development on land sold by foreigners: Yangon authorities pave way for new development projects

Myanmar citizens who have acquired land owned by foreigners may now have the right to build on it if they pay a land tax, according to the Yangon City Development Committee.

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