President’s Office to grant ministry land to Shwedagon developers

The President’s Office will grant ministry-owned land in Yangon to five companies, as compensation for cancelling their projects beside Shwedagon Pagoda earlier this year, a senior official said. The five large developments were to be built on Ministry of Defence land beside Myanmar’s most famous religious site, but were called off permanently in July, following […]

President cancels property projects near Shwedagon

U Zaw Htay, a director in the President’s Office, said the projects would not be allowed to continue in any form at the current site, though negotiations are ongoing. He said one possible outcome was that the government would agree to give the developers land in another area of the city. Late last night the […]

Review Team Orders Dagon High-Rise Redesign

RANGOON — Work is set to resume at several Dagon City development projects on Thursday after the expiry of a four week building halt, with one company ordered to modify its construction plans in order to safeguard the nearby Signal Pagoda. While a report on the projects has yet to be made public, officials negotiated […]

Five projects near Shwedagon are suspended

Five large construction projects have been suspended by government authorities due to concerns over proximity to Shwedagon, according to local media. The Thu Kha Yadanar Co, Shwe Taung Hday Development, Dagon City 1 by Marga Landmark, Shwe Taung Development and Adventure Myanmar Tour and Incentives projects have all been put on hiatus while Yangon and […]

Dagon City showroom already creating a buzz

The showroom of Dagon City 1, a multipurpose residential project that will be built in one of the city’s prime locations – next to Yangon Zoo – has been drawing crowds even though it has yet to officially open. The showroom will officially open on September 27, but its staff are not turning away those […]

New addition to Yangon skyline

Luxury complex architect aims at “least impact” on Shwedagon Alex Lau, a veteran architect of high-end developments in Hong Kong, China, North America, and South-East Asia, is leading the design work on a luxury complex scheduled to appear on the Yangon skyline, near the landmark Shwedagon Pagoda, in 2019. The deputy managing director of the […]

Dagon City 1 project gets prime land in Yangon

YANGON – A multipurpose residential project including office buildings, apartments and a five-star hotel will be built on military land near the Yangon Zoo. The project named Dagon City 1 is a joint venture between the Thukhayadana Company from Myanmar and the Marga Group, a coalition of experts and investors from Hong Kong, Korea and […]