Luxury project planned in Ngwe Saung

A Hong Kong-Myanmar joint venture plans to build a luxury mixed use development aimed at high net worth individuals, to the south of Ngwe Saung village in Ayeyarwady Region. The project will include hotels, residential units, 20 kilometres of white sand beach, a jetty and a golf course. Hong Kong based H&Co Real Estate Holdings […]

Plans for massive ‘high-end’ luxury development in Yangon unveiled

Multi-national developer Marga Landmark and its Myanmar-based partner Thu Kha Yadanar unveiled plans for a 22-acre (8.9 hectares) multi-use complex located at U Htaung Bo Circle between Shwedagon Pagoda and the Yangon Zoo at a media briefing on June 23. The majority shareholder Marga Landmark owns 70 percent of shares and is set to invest […]

Mercedes-Benz and Mitsubishi Fuso showrooms to open in Yangon

Germany-based Mercedes-Benz and Japan-based Mitsubishi Fuso will soon open their showroom and auto service centres in Yangon, Aung Moe Kyaw, chairperson of their local partner Internatioanl Beverages Trading Company Group (IBTC) Group, said on Wednesday. IBTC has joined hands with Singapore-based Jardine Cycle & Carriage (JC&C) to launch the showroom and service centres as Diamler […]