The Yangon Region Government sold over 53 acres of land in Dagon Seikkan, Yangon to four companies to build precast factories for the construction of the Ayeyarwon-Yadana housing project at K225 million per acre in 2015-2016 . Although two firms have already paid, another two firms still owe over K2 billion, Daw Nilar Kyaw, minister […]
Mortgage Financing, Tourism Infrastructure Key to Real Estate Sector – Myanmar Property Awards Judge
December 29, 2016 by
The third annual Myanmar Property Awards finished accepting nominees this week, with the shortlist due to be unveiled in May next year. Last year’s ceremony, organised by PropertyGuru, recognised local property conglomerate Shwe Taung Development with the best developer awards, while business magnate Serge Pun picked up the Real Estate Personality of the Year […]
Surbana Jurong goes underground to expand Myanmar business
March 1, 2016 by
Surbana Jurong has added Yangon’s first underground pedestrian walkway, an airport and a special economic zone to its list of Myanmar projects, the Singaporean infrastructure consultancy announced this week. Shwe Taung Development awarded Surbana Jurong the contract for the 30-metre underpass last week. The country’s first underground walkway will be located on Pyay Road and […]
Once-Cancelled Dagon City 1 Project Relocated to New Site
February 9, 2016 by
RANGOON — The government has relocated a controversial international development project to a new site after it was suspended seven months ago following a public outcry over its proximity to the Shwedagon Pagoda. The Myanmar Investment Commission (MIC) on Friday approved a new 17 acre site for Marga Landmark’s Dagon City 1 mixed use project, […]
Take two for Yangon Central tender
August 10, 2015 by
Subscribe to our tender alert mailing list Myanma Railways has invited companies to submit expressions of interest (EOI) to redevelop Yangon Central Railway Station and the surrounding area, after an initial tender was cancelled earlier this year, reportedly due to a lack of suitable applications. “We have invited companies to submit an EOI. After they […]
Dagon City Saga – A vote of confidence in the future of Yangon City as a livable heritage city
July 22, 2015 by
Shwedagon Pagoda is the defining landmark in the City Center – no high-rise is allowed within a 1.6 km radius Source of photo: Airpano.com I am a Singaporean who runs a business consultancy in Myanmar since early 2013. I think most foreigners have very little understanding of what goes on in Myanmar. I have seen […]
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