First Myanmar Investment (FMI) will be investing in the affordable housing sector in a bid to offset falling revenue from its construction businesses, FMI chair Serge Pun said during the firm’s 26th annual general meeting, held at the Yangon National Theatre, on July 29. He said the domestic property sector has no demand as those […]
Investments in low-cost housing projects are a bit huge: Yangon Chief Minister
April 23, 2018 by
Local entrepreneurs are not in a position to invest in the low-cost housing projects to be developed for around 150,000 squatters in Yangon as the capital investment is a bit huge, Yangon Region Chief Minister Phyo Min Thein said at Yangon Investment Forum 2018 held at the Union of Myanmar Federation of Chambers of Commerce […]
Property buyers eye Dagon land as owners sell for losses
November 16, 2017 by
For buyers interested in purchasing land or homes in Dagon, now could be a good time to take closer look at the property market in the area. Land prices in South Dagon have been falling even though property sales have been robust. According to Ma Cho New, a local real estate agent, sales improved after […]
Yangon to build 200,00 units of low-cost housing
November 6, 2017 by
Low-cost housing projects totalling about 200,000 units will be built in Dagon, Hlinethaya and Shwepyitha townships in Yangon Region starting in December to provide homes for the increasing number of migrant workers, said Chief Minister Phyo Min Thein. “There are a large number of people entering Yangon for job opportunities. We are planning to provide […]
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