Home Property & Real Estate

Property & Real Estate

The first underpass in Myanmar, being built on Pyay Road in Kamayut Township, will be completed by the end of January 2021 as the construction process of the underpass is 85 percent complete with one entrance elevator on the side of Junction Square is under construction while others are...
Yangon Real Estate Market is sluggish with more selling offers in contrast to very few buyers during the COVID-19 pandemic, according to real estate agents. “People have less cash in their hands and started selling their properties. But there are very few buyers and even fewer transactions,” a real estate...
New Yangon City Development Project has received 16 Expressions of Interests (EOI) submitted by companies and consortiums from nine countries in the Swiss Challenge for the first package of works launched on October 15, 2020, by the Swiss Challenge Tender Committee. It is the Committee’s objective to apply a structured...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Yangon Real Estate Market is inactive due to the COVID-19 with some owners offering their property at a lower price. “As the COVID-19 cases are increasing, people who have purchased the properties are now offering theirs at a lower price. However, there are only offers and very few...
The Yangon City Development Committee (YCDC) has received over 1,000 building permit applications through the Yangon Building Permit System (YBPS), a fully automated system making all processes related to building permits including inspection requests completely online, significantly improving processing times, in just five months of operations. The YPBS was designed...
Colliers International Myanmar and Noble Twin Dragons Co., Ltd. (Ruby Dragon Group of Companies) entered an exclusive investment representation agreement for Pyay Tower and Pyay Residences. The upcoming mixed-use commercial and residential project sits on 2.16-acre freehold land, located in one of Yangon’s premium addresses. Designed as a prime landmark development, the project is...
European Union will provide EUR 5 million for promoting integrated land use planning and management in Myanmar, according to U Henry Van Thio, Vice President of Myanmar, who chairs the National Land Use Council. The project will take four years and the EU will provide its funding through FAO. The government...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် The State Counsellor Daw Aung San Suu Kyi attended the groundbreaking ceremony for the rental housing project at the special agricultural zone in South Dagon Township, Yangon.t Over 200 companies led by three construction associations will develop this mega project aiming to satisfy the surging housing demands and...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Shwe Taung Real Estate Co., Ltd, the real estate arm of Shwe Taung Group, has entered into a joint venture with AEON MALL Co., Ltd., a member of Japan’s Aeon Co Ltd, a listed conglomerate, to invest, develop, manage and operate large scale shopping malls in Myanmar....
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Samanea Yangon Market, located at the corner of Bago River Road and Yadanar Road in Dagon Seikkan Township, is planned to launch in November this year after the test opening in August as the construction process of the market is now complete. The wholesale market is jointly developed...