Wednesday, August 31, 2016
The Myanmar Times
The Myanmar Times

Residents demand pay for new Yangon bridge

Sampan operators and homeowners who have been asked to make way for a new bridge that will link downtown Yangon to a huge new development to the southwest of the city are demanding hundreds of millions of kyat in compensation.

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Yangon planner aims for 35% high-rises

Up to 35 percent of Yangon city could be devoted to high-rise buildings, with about 15pc to 20pc devoted to parks and open spaces, planners say.

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Background check for Yangon low-cost housing lottery winners

Lucky winners in a lottery for renting low-cost apartments in Yangon will have to undergo a background check before they are allowed to move in, officials said.

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Officials split over future of commercial projects on prime Yangon parkland

An outspoken Yangon City Development Committee member says he has ordered suspension of a number of construction projects on parkland beside the city’s Inya Lake, while the department responsible for contracting the companies says the projects are still going ahead.

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Squatters move to contested rubber plantation

Scores of people are moving to a former rubber plantation in Kawhmu township, Yangon Region, attracted by the chance of owning their own land, while mystery surrounds the real ownership status of the plantation.

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Demand sky-high for Mahabandoola rental housing

Applications from would-be renters in Yangon’s newest public housing development have been flooding in, at a rate 30 times greater than the space available, officials say.

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Bridge to connect Yangon with Southwest New City

Three companies recently awarded a contract to develop a large area of land in Southwest Yangon will begin the project by building a bridge across the Hlaing River from the new development to the city’s downtown area.

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Real estate prices shoot up in Kawhmu

In Kawhmu, a rural township on the Southwest fringe of Yangon, real estate prices have risen as much as 30 times, according to residents.

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