Yangon’s ‘new city’ to begin land compensation process

The Yangon regional government has started providing substitute land to original landowners as compensation for land acquired for the New Yangon City Project on October 8. According to the previous agreement, landowners will retain 80 percent of the original land located within the project area with the remaining 20pc being compensated in Kyeemyindaing township. Phase […]

Myanmar land owner looking for partner

Our Myanmar client is looking for JV Partner. The client currently has 3 acres of grant land along Yadanar Road at Dagon Myothit Township, Yangon. See map location at https://goo.gl/maps/kXZNw ; (map location is only indicative, actual location may be up to 10km away.). Suitable for school, hospital, etc. Local Myanmar owner looking for foreign […]

Eviction of decades-long dwellers is unfair – law experts

It would be unfair to evict dwellers of 50 or 100 years, especially when the judges have been accused of corruption in relations to land scandals, legal experts and the victims of land seizures said. As the country’s real estate prices skyrocket reaching up to billions of kyats in certain purchases, judges are more likely […]