Junction City Becomes Yangon’s Latest Addition

Junction City, one of downtown Yangon’s high-end real estate projects, has been completed and is now officially opened. The developer, Shwe Taung Group, started the construction in 2014. Phase one of Junction City is located at the junction of Bogyoke Aung San road and Shwedagon Pagoda road in the city’s central business district. The total […]

Foreign developers go all-out for commercial complexes in Yangon

As one of the poorer countries in ASEAN, Myanmar’s property market is not quite as well-developed as some of its Southeast Asian neighbours, but it is slowing catching up as a new wave of foreign commercial development in Yangon, the country’s biggest city, is on the rise, reports Nikkei Asian Review. Notable developments in the […]

Shwe Taung launches $300m project in downtown Yangon

Shwe Taung Group of Companies yesterday launched a mixed-use project worth US$300 million in the centre of Yangon, demonstrating that the local conglomerate has shaken off its controversial past to emerge as a viable partner in the eyes of many international investors. Junction City, designed by DP Architects from Singapore, will include a five-star hotel […]