fbpx

Ministry Constructs Reduced Cost Housing For Public Servants

The Ministry of Plan­ning and Finance has announced a plan to build housing pro­jects to lease exclusively to public servants at re­duced rates, beginning later this year. The Ministry of Plan­ning and Finance has des­ignated regions in Naypy­idaw, Mandalay, Yangon, and a few other states and regions as target areas for government housing projects, according […]

New Urban Development Projects for Six Satellite Townships in the Works

The Ministry of Construction (MOC) is planning new urban development projects for six satellite townships as part of a strategic plan to develop Yangon, according to the MOC and the Department of Urban and Housing Development. Six new satellite towns – Shwe Lin Ban, Pan Hlaing, Thilawa, Front Dagon, Htauk Kyant as well as the […]

Korea-Backed Industrial Zone to Locate in Northern Yangon

South Korea and Myanmar have reached an agreement to establish an industrial zone in northern Yangon, and constructions will begin in early 2018, Daw Moe Thida, assistant director of the Department of Urban and Housing Development (DUHD), told The Myanmar Times on June 21. At Nyaung Na Pin township, the industrial complex project will have an estimated area of 570 acres. South Korea state-owned corporation, Korea Land & […]

Yangon Authorities Demolish 4,000 Squatter Huts

Authorities launched a large squatter removal operation on June 12 using a 1,500 hired workers to demolish around 4,000 squatter huts in Hlegu Township, Yangon Region. The squatter hut village stretched for five miles along and the Yangon-Mandalay Expressway. Yu Khaing, the regional director of the Department of Urban and Housing Development under the Ministry […]

JMHU Offers $20 Million in Capital to Implement Low-Cost Housing Projects

​​ Japan-Myanmar Association for Industry of Housing and Urban Development (JMHU) has offered to provide US $20 million to Myanmar to implement low-cost housing projects, according to a press release issued by the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).  A local public company, Myanmar Construction and Development, […]

Mandalay Affordable Housing Units to be Sold Through Lottery System Next Year

More than 500 apartments for low-income families, government staff, pensioners and others will go on sale in January in Chan Mya Tharsi township, Mandalay Region. Buyers will be selected by drawing lots, local authorities say. The 560 apartments, in 14 five-storey buildings on a 7.67-acre (3-hectare) site in Mya Yi Nandar ward, were built by […]

Condominium by-Laws Delayed With Govt Targeting Completion by Year’s End

A shortage of technical expertise has delayed the issuance of by-laws that would allow sales under the Condominium Law passed last January, industry sources say. Expectations that the law, which was finally passed after considerable debate and delay, would usher in a spate of foreign purchases of Myanmar real estate have so far proved unfounded. U […]

Condominium Rules to be Finalised in December

THE Ministry of Construction has put concerted efforts to finalise the condominium rules, which will include exact provisions and procedures before the end of December, according to a spokesperson of the ministry’s Department of Urban and Housing Development. The ministry and relevant organisations have been developing the Condominium Law since 2013. It aims to establish […]

Solving the Yangon housing shortage

Amid estimates that Yangon’s population of 7 million-plus will move into double-digits in the next 10 to 20 years, what is being done to solve the commercial capital’s housing crisis? The problem is exacerbated by the slow pace of economic and social development, which keeps incomes down. Yangon, home to 7.3 million people, according to […]

Residents encamped along highway vow to return if evicted

Defiant residents have laid down a challenge to the Yangon Region government: If you evict us, we will return. The squatters insist they will not be driven from their homes because they have nowhere else to go. Their stance is a serious challenge to the regional government’s insistence that it will not resort to the tactics […]