Few ‘condos’ qualify under new law, say experts

The new condominium law – which will grant international buyers access to Myanmar’s real estate market for the first time – has been widely welcomed, but experts say just a handful of properties are initially likely to be eligible. After years of debate between the two houses of parliament, the law was passed on January […]

Condo Law impasse could spur new draft

The Pyidaungsu Hluttaw will resume discussion of a controversial draft Condominium Law on August 10, according to Amyotha Hluttaw representative U Phone Myint Aung. The draft law was first introduced to the Pyithu Hluttaw in November 2012. It was expected to be passed in 2013 but remains in limbo two years later, as ministers within […]