Yangon gridlock

Than Htwe lives in Hlaing Tharyar, a sprawling township 20 kilometers west of central Rangoon, but his job is downtown. Every morning he wakes up in the early hours, quickly downs a cup of tea and rushes to the bus stop at 6:30 so he can get to his workplace by 9 o’clock. He meets […]

Parking Fines Big Earner for YCDC

The Yangon City Development Committee (YCDC) has earned more than K11 million in fines from cars that illegally park overnight. If a car parks overnight in a place that is not its legally designated parking space, the owner can be punished according to the Municipal Acts, with fines ranging from K50,000 to K100,000, according to […]

Long-term real estate view needed in new Dagons

Investing in property in the new Dagon townships on the city’s outskirts must come with a long-term view, according to experts. The area is slated for the first of seven Yangon New City projects, and is also near other proposed but unbuilt projects such as the Hanthawaddy Airport, according to Daw Thuzar May, director of […]

Motorcycle repair shops dodge Yangon ban

More disconcerting, though, is the traffic. Motorcycles are outlawed from Yangon’s urban townships, markedly changing the manner of traffic in the city from the rest of Myanmar, and most of Southeast Asia. Yet there are a few motorbikes to be seen. Many are used for law enforcement, while some are driven outside the rules. To […]

Pioneering bus line forced to lay off staff as losses mount

A joint attempt by the government and private sector to solve many of the problems of Yangon’s traffic congestion is close to collapse. Forever Green Road Transport has fired 15 bus conductors, about 30 percent of its total, citing monthly losses. A spokesperson for the company blamed the lack of government support. The company – […]

Myanmar Govt Plans 30,000 New Affordable Homes in Yangon

YANGON — The Myanmar government’s housing department is planning to build 30,000 new low-cost homes in townships on the outskirts of the country’s largest city, an official said Wednesday. Moe Thida, assistant director of the planning division at the Department of Human Settlement and Housing Development—part of the Ministry of Construction—said the department was putting […]

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, […]