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Affordable Housing Projects Affected as Funds Dry Up

​​ In a serious blow to thousands of would-be home-owners, the construction of affordable homes in Yangon’s Ayeyarwon and Yadanar housing projects has been suspended because the money has run out, government officials say. Urban and Housing Development department director general U Min Htein told The Myanmar Times on December 6 that the government lacked the funds to […]

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 […]