Home MMBIZ News Golden City Launches Second Phase of Flagship Project

Golden City Launches Second Phase of Flagship Project

Golden City, a real estate development project by Singapore-based Uni Global Power (UGP), announced that it has opened the second phase of its flagship project in Yangon. 

The 33-storey Golden City Project Phase-II includes residential units, hotel, office spaces, serviced apartment and shopping centre, interior decorations and French-styled gardens. 

Golden City said that on phase II every unit has north-south facings to ensure less sun exposure and large balconies to provide views of Inya lake and Shwedagon pagoda. The new project also offers a variety of layout options from 517 square feet to 1,516 square feet.

“We have designed and have been building a luxury property for both locals and foreigners to enjoy a world-class living and to create a significant hub for business opportunities. … We aim to develop our presence more in this country in the future,” Jeffrey Lu, a shareholder representative of Golden City, said.

Along with the launch, the company opened a new show gallery and upgraded its Gold Card membership. In the new show gallery the clients and interested parties will be able to take a look at the miniature designs and inquire about Phase-II. Clients who have Silver Cards can upgrade their membership to the Gold Card by spending $3,000, and will be able to enjoy a 5 percent discount when they buy a unit of the project.

Golden City is being run as a joint venture between UGP and local conglomerate Jewellery Luck Group. It was launched on March 15 and has a total floor area of 3.6 million square feet.

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