One to two million flats required for urban people

One to two million apartment rooms are required for urban people, said Mr. Jack Finegan, a UN-habitat’s Urban Programme Specialist.

According to statistics from the 2014 Population and Housing Census, about 1 to 2 million of rooms are needed for urban people. About 2 million of apartments are likely to be needed in 2030.

Myanmar’s urban development is 30 per cent and it will keep forward to next 30 years, said Mr. Jack Finegan.

The urban population yearly increases 2 per cent and the accumulative population in the urban city is higher when compared to other countries. Myanmar will soon have to deal with the requirements of low-cost housing, he continued.

The burgeoning migration to Yangon is being witnessed, causing the increase in housing requirements, said Mr.Nitesh Khirwal, the managing director and co-founder of House.com.mm.

Yangon is possibly to host above 10 million in the coming 10 to 20 years, resulting from the economic and social conditions. The city will turn into a Mega City, said U Myint Naing, the deputy director-general from the human settlement and housing development department.

Therefore, this will be the main problem for Yangonites to solve. The rural development might reduce the migration rate to the big cities. Thus, the rural development plan is given priority to carry out, he added. About 75 per cent of Yangon population earns Ks 2 Lakh and under, according to the survey in Yangon. Additionally, the accommodation for one third of Yangon’s population should cost Ks 65,000 per month, said Mr. Jack Finegan.

Source: Global New Light of Myanmar

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