Yangon Registers 25,000 Hlaingthaya ‘Squatters’

Yangon regional government has issued smart cards to 25,000 registered squatters in Hlaingthaya Township. The regional government has been collecting a list of squatters in the township in recent weeks. Township MP Myat Min Thu said: “We are still collecting the lists of squatters. The number of squatters in Hlaingthaya is expected to reach about […]

Property prices skyrocket due to speculation and laundering

The most widely heard analysis is that Myanmar’s real estate and property market has been gradually rising based on two genuine factors. One is the growing demand for housing due to ever increasing population in urban areas and the other is the government’s urban expansion and development of low-cost housing projects. This generally ignores another […]