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New mega-complex project approved near Yangon’s Shwedagon Pagoda

A Japan-led consortium has officially obtained permission to build a large-scale mixed-development project at the intersection of Shwedagon Pagoda Road and U Wisara Road in Yangon. Development of the US$332.5 million project will begin this year on the former site of the military museum across 16,000 sq m of land. It will comprise a high-grade […]

Collier Property Report : Yangon Condominium Snapshot 1Q2017

Supply The number of condominium units launched in Q1 2017 reached more than 552 – almost equal to the number launched during the same period in 2016. The rise in the units launched were mainly led by Spring Line Residence by Shwe Oak Khai Construction, located in Insein Township with more than 300 units. Future […]

President cancels property projects near Shwedagon

U Zaw Htay, a director in the President’s Office, said the projects would not be allowed to continue in any form at the current site, though negotiations are ongoing. He said one possible outcome was that the government would agree to give the developers land in another area of the city. Late last night the […]