Tuesday, May 31, 2016
The Myanmar Times
The Myanmar Times

Retail space in new Yangon theme park in hot demand

A shopping centre due to open later this month in Yangon’s new Fun Valley Theme Park has been booked out by businesspeople hoping to capitalise on the amusement park’s popularity.

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New proposals for delayed Condo Law

Four additional recommendations to the draft Condominium Law were debated in parliament earlier this week, as the upper and lower houses continue to tussle over details of the elusive bill.

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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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