Draft town plan to stabilise runaway prices: minister

Land speculators could get their fingers burnt if town planning rules prevent the construction of certain types of building on their property, a government minister has warned. U Soe Maung, Union Minister for the State President’s Office, says that city zoning could help stabilise land prices. Yangon land prices have soared since the introduction of […]

Thilawa SEZ to reduce land prices by 30%

The price of land in Thilawa Special Economic Zone (SEZ) will be reduced by 30 percent to encourage investors as real estate prices skyrocket in other industrial zones in Myanmar. “Price of industrial zones have been all time high and both local and foreign investors are finding difficulties to invest here. So we are going […]