Applications invited for low-cost apartments of Construction ministry starting from 28th November

A list of people who have saved a 30 per cent deposit to purchase low-cost apartments developedby the Construction Ministry has been released by the Construction and Housing Development bank branches (CHDB). Those who are in accord with the prescribed rules are entitled to submit applications starting 28 November, according to an announcement released by […]

Government low-cost housing event to be held in October at MICT Park

A low-cost housing event will be held from 21st to 23rd October at MICT Park in cooperation with the Department of Human Settlement and Housing Development and the Construction and Housing Development Bank. The low-cost housing event, led by mm, includes low-cost apartments implemented by the government under a 100-day project. The low-cost housing […]

Over 2,000 low-cost apartments to be sold in eight-year instalments

Over 2,000 low-cost apartments in Yangon can be purchased under the Hire-Purchase system in September and those who do not own house will be given priority. The Department of Human Settlement and Housing Development has already handed over the apartments to the Yangon regional government. These apartments are located in Hlaingthaya and Dagon Myothit (South). […]

Yangon too crowded

Urban development specialists say that the increasingly populated centre of Yangon is no longer suitable for more condominiums and offices with its narrow streets. Rapid urbanisation has meant the infrastructure could not support the demands of the rising population. “Ever since British rule, the size of roads was based on the number of inhabitants. Some […]

Yangon needs planning regulation

The number of high-rise buildings joining the Yangon skyline needs to be monitored as the city struggles to cater for a growing demand for offices and homes, according to the Myanmar Engineering Society. Director Aye Aye Myint from the Ministry of Construction said: “There are many high-rise buildings but the roads are still only about […]

Applications for public rental housing to open in February

The Yangon Region government will start accepting applications in February for public rental housing for people who cannot afford to buy homes, according to Kyaw Soe, the regional minister for forestry and energy. At the special session of the Yangon Region parliament yesterday, the regional minister replied to a question raised by Dr Nyo Nyo […]

Fake land deeds causing trouble for real estate dealers

Fake documentation for land has spiked as the property market cooled this year, requiring land traders to slow deals and add expenses as they authenticate the deeds, according to Myanmar Real Estate Service Association general secretary Daw Moh Moh Aung. Traders and land owners are forced to spend money hiring experts to tell the real […]

Labourers to be Housed at Hlaingtharyar

A housing complex for labourers is set to be established in Hlaingtharyar in Yangon. U Myat Thin Aung, president of Hlaingthartar Industrial Zone, said that this housing complex is being established by the owners. The authorisation has been granted from the Department of Human Settlement and Housing Development for land rental under a five year […]

Urban laws stuck in draft stage

The country needs modernised urban planning laws to keep with a rapidly changing real estate market, as legacy laws are unsuited for the purpose, according to experts. Yangon in particular faces numerous challenges that were not anticipated when the current urban planning rules were put in place. A slate of new laws and rules have […]

Low-cost housing winners out of luck

Over 100 people may be out of luck after winning rights to purchase low-cost housing from Shwe Lin Ban project in Yangon’s Hlaing Tharyar township, according to Daw Thida Than, a staff officer at the Department of Human Settlement and Housing Development. A total of 768 different units at Shwe Lin Ban were meted out […]