The Ministry of Industry is considering ways to improve access to land for businesspeople, including looking at ending speculation and housing on industrial property, said deputy industry minister U Thein Aung.
Builders aiming at the upper end of Yangon’s booming development scene claim demand has been exceeding their expectations.
Saittara Mahi development to contravene zoning requirements only two blocks from the mayor’s office
Property value assessments used to determine transactions taxes will be changed to keep prices in line with the market, according to officials from Yangon’s Internal Revenue Department.
Land prices around the Kyaukphyu SEZ have not risen much to date, bucking a trend that has seen property prices near prominent developments like Thilawa and the planned Hanthawaddy airport increase rapidly.