Dagon City

Education Ministry Wants to Take Back Rangoon Land from Property Developer

December 1, 2016 by thiha

RANGOON — Burma’s Ministry of Education now wants Parliament to help it take back a valuable parcel of land that the former government gave away to international developer Marga Landmark. The 17.7-acre tract, situated in a prime location close to Rangoon’s Inya Lake and the Sedona Hotel, once belonged to the Ministry of Science and […]

Filed Under: Latest News, Property Report Tagged With: Burma Ministry of Education, Dagon City, Deputy Minister of Education, International Developer Marga Landmark, Ministry of Education, Ministry of Science, Myanmar investment commission, National League for Democracy, NLD, property to Marga Landmark, Rangoon, Rangoon Inya Lake, Sedona Hotel, Shwedagon Pagoda, Technology, The Irrawaddy, U Maung Maung Ohn, U Win Maw Tun

In Burma, a Fine Line Between CSR and Karmic Cash

March 23, 2016 by thiha

RANGOON — It was perhaps inevitable that Burma’s business sector would struggle with the idea of corporate social responsibility (CSR), operating in a country of high charitable giving and stark contrasts between its wealthiest and poorest citizens. At least in part, this stems from the reality that CSR, as a concept, has only caught on […]

Filed Under: Latest News Tagged With: Aung Ko Win, Aung Myo Shein, Burma, CEO, Charitable Aid Foundation, Chit Khine, CSR, Dagon City, Eden Group of Companies, Group, Htoo Group, human rights, Kanbawza, Karen State, kbz, Labor Tom Malinowski, london, Max Myanmar Group, MCRB, Myanmar Centre for Responsible Business, Myitsone, National League for Democracy, NLD, Rangoon, Reporting Asean, Tay Za, Thomas Thomas, US Assistant Secretary of State for Democracy, US Treasury Department, Zaw Zaw

New location for cancelled Shwedagon project

February 11, 2016 by thiha

The Myanmar Investment Commission has given Marga Landmark approval to build its mixed-use project on a new site, after the president called off the Hong Kong-based developer’s project last year, deeming the initial location too close to Shwedagon Pagoda. The project will now be built on 17.7 acres at the corner of Kabar Aye […]

Filed Under: Latest News, Property Report Tagged With: Adventure Myanmar Tours and Incentives, Australia, Dagon City, Daw Nyo Nyo Thin, DICA, Directorate of Investment and Company Administration, HAGL Myanmar Centre, Inya Lake, Kabar Aye Pagoda Road, Kanbe Road, Marga Landmark, Meinhardt, MIC, Ministry of Defence, Sedona Hotel, Shwe Taung Group, Shwedagon Pagoda, The Myanmar Investment Commission, Thu Kha Yadanar, U Toe Aung, Yangon City Development Committee, Yangon Region, Yankin Township, YCDC

Once-Cancelled Dagon City 1 Project Relocated to New Site

February 9, 2016 by thiha

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, […]

Filed Under: Latest News, Property Report Tagged With: Adventure Myanmar, Dagon City, Kaba Aye Pagoda, Kan Be road, Marga Landmark, MIC, Min Zaw Oo, Myanmar, Rangoon, Shwe Taung Development, Shwe Taung Hyday, Shwedagon Pagoda, The Myanmar Investment Commission, Thukha Yadanar, Yangon

Dagon City Saga – A vote of confidence in the future of Yangon City as a livable heritage city

July 22, 2015 by andrew

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 […]

Filed Under: Featured Stories Tagged With: “Myanmar Scraps Real Estate Projects Under Pressure From Monks, Adventure Myanmar Tour and Incentives, Association of Myanmar Architects, Dagon City, Dagon City 1, Dagon City’s Demise Casts Doubts on Myanmar, Eiffel Tower, heritage city, kfc, Myanmar Parliament, Parisian, privilege information, Saytannar Myothit Public Company, Shwe Taung Development, Shwe Taung Hday Development, Shwedagon Pagoda, Thu Kha Yadanar Co, Yangon City, Yangon Heritage Trust, Yegu Transmitter

Regional government rejects proposal on controversial property projects

June 11, 2015 by thiha

The Yangon Region government has shot down a proposal to suspend or cancel controversial property projects near Shwedagon Pagoda, as a committee of monks announced they intend to stop the projects from going ahead. The five multi-million-dollar developments just south of Shwedagon were halted in January by the Myanmar Investment Commission amid zoning concerns. Bahan […]

Filed Under: Latest News Tagged With: construction, Dagon City, Daw Nyo Nyo Thin, MIC, Myanmar investment commission, National Planning and Economic Development, politic, project, property, Shwedagon Pagoda Protection Committee, U Aung Myine, U Thann Myint, Yangon Region Government

Yangon Condominium Market Report 4Q 2014

March 3, 2015 by thiha

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Condominium Market 4Q 2014 Project launches increase despite weakening take-up rate Developers remained confident as project launches continued to soar in 2014, hitting a new record high of 4,150 condominium units, tripling […]

Filed Under: Featured Stories, Property Report Tagged With: 2015, 4Q, 4th Quarter, BOT, Capital City, Capital Development Ltd, colliers, Condominium Market, Crown Advanced Construction, Dagon City, downtown, election, Golden City, inner city, Marga Landmark, Mineral & Construction Co. Ltd and Linn Yi Construction Co. Ltd) in Bahan Township, Outer City, property research report, take-up rate, Thanlyin Star City, The Illustra at Pho Sein (PSWN Development Company Limited) in Tamwe Township; Sanchaung Garden Residence (Sanchaung Garden Development Group) in Sanchaung Township; Royal Sayarsan Condominium (Than H, Time City, unsold inventory, wait and see, Yangon

Serviced Apartment Market in Yangon 4Q, 2014

February 24, 2015 by thiha

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Serviced Apartment Market 4Q 2014 Developers beginning to take interest over limited supply The total supply of serviced apartments grew meagrely in 2014, with only 30 additional units introduced. In the near […]

Filed Under: Featured Stories Tagged With: Accor Sebel Yangon Myat Min, citywide occupancy rate, Daewoo Amara Serviced Residences Somerset @ 68 Residences, Dagon City, Golden City, Myanmar Seilone and Inya Myaing Serviced Apartments, pipeline, property research report, Research & Forecast Report, Serviced Apartment Market, SOHO Diamond and Shangri-La Residences, Wyndham @ Kantharyar Centre

Dagon City ‘Will Resume’, Amid Calls for Planning Overhaul

February 16, 2015 by thiha

YANGON — Two weeks after the sudden suspension of the Dagon City 1 high-rise project highlighted the inconsistencies of Yangon’s current planning regime, the development appears set to go ahead as planned after a government review is concluded. Along with four other projects nearby, work at the 22-acre Dagon City 1 site was halted on […]

Filed Under: Latest News Tagged With: Dagon City, dagon Pagoda, Heritage, international Marga Group syndicate, resume, Thu Kha Yadanar

Five projects near Shwedagon are suspended

February 9, 2015 by Thiha

Five large construction projects have been suspended by government authorities due to concerns over proximity to Shwedagon, according to local media. The Thu Kha Yadanar Co, Shwe Taung Hday Development, Dagon City 1 by Marga Landmark, Shwe Taung Development and Adventure Myanmar Tour and Incentives projects have all been put on hiatus while Yangon and […]