Vietnamese realty group Hoang Anh Gia Lai on Sunday put into operation a five-star hotel in Yangon, Myanmar

The hotel is housed in the group’s Myanmar Center, located some eight kilometers from downtown Yangon, on Kaba Aye Pagoda Road in Bahan Township. Hoang Anh Gia Lai (HAGL) Group is one of the leading real estate companies in Vietnam that focuses on the development of residential and commercial real estate in many principal economic […]

Two new overpasses to go up in Yangon

San San Nwe, the Yangon Region minister for finance yesterday said the Yangon Region government will build two overpasses in Yangon in the 2016-2017 fiscal year. While submitting the region’s budget bill at the first regular session of the second regional parliament, the regional finance minister said Ks 32.2 billion will be earmarked for the […]

Yangon Starts to Control Property Prices, but Rent Is Another Story

YANGON — Realtors say a new tax measure has successful cooled an overheated property market in Myanmar’s biggest city, with sale prices stagnating for high-end properties, but that rental fees have continued to soar. In October, the Yangon divisional government applied fixed values for properties to determine the amount owed in property taxes. Last month, […]