Yangon Region has set aside K100 billion (US$97 million) to build 10 affordable housing projects in the 2015-16 fiscal year, according to a senior official from the Department of Human Settlement and Housing Development.
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Malaysia-based Frontier Digital Ventures will invest an undisclosed sum in two Myanmar web-based startups, including a property site, according to a press release.
Heavy development is taking a toll, and must be conducted properly if Yangon is to thrive in the years to come, according to experts at the Save Yangon Forum
Efforts to upgrade Mya Kyun Thar Park near Inya Lake are likely to be delayed, according to an official from the Yangon City Development Committee.
The trend for large-scale construction projects continued to alter Yangon’s skyline in 2014, with work on many tall buildings now under way and dozens more in the planning stages.
This week’s home near Pyay Road is a standalone in a large compound. It could also make the transition to an office – such as a recording studio – relatively easily.
The rate of property transactions likely dropped in 2014 following two years of heady growth, according to experts.
There’s something clinical about this week’s home in Kamaryut township. It may have been a dentist practice, or the headquarters of one of the more humourless NGOs in town.
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