Golden City denies Toener link

Luxury condominium and hotel project Golden City has denied any involvement with Chinese firm Toener Investment Group, which lists Golden City as a real estate project on its website. Golden City released a public statement yesterday in response to an article in this paper on June 15, “Chinese group to develop 31-acre luxury complex in Yangon”, which […]

Ex-swimmer Daphne Teo makes waves in Myanmar real estate

Investing in a new market can be risky business, but former national swimmer Daphne Teo is no stranger to diving into the deep end. Ms Teo, now chief investment officer of D3 Capital, is overseeing the development of a mixed-use luxury project that boasts some of Myanmar’s tallest skyscrapers. Called Golden City, the project in […]

Harnessing investment into Yangon’s development

The construction market has slowed considerably in Yangon over the past year but developers hope that good times for the industry will return under the new government. When the Union Solidarity and Development Party first took power, development boomed, with high-rises, flyovers, bridges and luxury condominiums built at speed, fuelled by both foreign and local investment. For the […]