YCDC issues stern warning to developers on unpaid tax

Pay your taxes – or we won’t certify that your building is complete, Yangon city officials are telling developers. On completion of a building, Yangon City Development Committee (YCDC) issues a building completion certificate (BCC), which allows tenants to inhabit the property. But some developers have been complaining of delays in issuing the certificates. U […]

Owners take a gamble on dangerous strategy

Residents of some of Yangon’s older buildings are resorting to potentially dangerous measures in an effort to have their dwellings declared unsafe by Yangon City Development Committee, say developers. Once the building is declared as unsafe by YCDC a developer can then redevelop the site and exploit a loophole in city planning laws to avoid […]