Sunday, May 01, 2016
The Myanmar Times
The Myanmar Times

Rental gap narrows as Yangonites seek suburbia

High rental costs downtown, allied with cramped accommodation, congestion and noise, are driving business and residential tenants out into the suburbs, pushing up rental costs in the leafier areas of the city.

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New safety rules follow fire at Yangon’s tallest building

The Myanmar Fire Services Department and Yangon City Development Committee have issued new safety instructions for high-rise buildings following a fire that engulfed the top of an incomplete condominium earlier this week.

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Fire halts construction of tallest building

City engineers in Yangon were busy inspecting the site yesterday of what has been planned as Myanmar’s tallest building after a fire broke out in the early-morning hours.

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Four Yangon flyovers to be completed this year

Four flyovers and six pedestrian bridges under construction in Yangon will be finished by the end of this fiscal year, according to local authorities.

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Dala landowners hold out for bridge compensation

Eight landowners are still holding out for more compensation as the government prepares to take another step toward the construction of a bridge linking Yangon with Dala township.

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High-profile contractors blacklisted

Yangon authorities have revoked the licences of a number of well-known contractors.

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First low-cost housing to be built in Mogok

The Infrastructure of Myanmar Company is planning to build a low-priced housing project in Mogok township, Mandalay Region, says company chair U Than Oo.

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Real estate sell-off in ‘urgent’ bid for cash

After a sluggish year for property sales, the market has seen a mini-boom over the past few weeks as a flight-to-cash mentality takes hold ahead of the election.

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