Govt to Build 1m Apartments in 330 Towns By 2030

Myanmar is planning to finish the construction of over 1 million apartments in 330 towns across the country by 2030 under its urban development programme, according to the Ministry of Construction. The Department of Urban and Housing Development under the ministry is providing proper housing for the people in accord with its policy on long-term […]

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, […]

Yangon Govt to Offer Low-Cost Housing to ‘Real’ Squatters

The Yangon Region government is in the process of arranging low-cost housing for “real squatters” in the commercial capital, Yangon’s security and border affairs minister told the regional legislature yesterday. He was responding to a question from lawmaker U Kyaw Zeya (NLD; Dagon 2), who asked why MPs had yet to be provided with follow-up […]

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 […]

More Than 2000 Low-Cost Units to Go on Sale

More than 2000 low-cost apartments will go on the market next month as a wave of government construction projects nears completion, officials have announced. The Department of Urban and Housing Development said the three projects, in two Yangon townships, were being made ready for sale. “Sales of the 2208 apartments will begin in November,” said […]

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 […]

The first affordable housing rolled out in Mon State

The first affordable housing projects in Mon State will reportedly be rolled out in Chaungzone and Thanbyuzayat Townships in the wake of the current rainy season, according to the Mon State government. U Wunna Kyaw, Mon State Minister of Planning, Finance and Immigration, has announced sales of units within the affordable housing estates will be […]