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Supply of housing units to rise, spur more development

Despite a rise in the number of housing units provided by the government and private sector, the gap between supply and demand for affordable homes in Yangon is widening as the population expands, Daw Aye Aye Latt, MD of Chantha Shwe Myay Construction Co, told Myanmar Times during an exclusive interview. To address the shortage, […]

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 […]