FMI City completed, to be handed over to housing board

FMI Garden Development Ltd announced the completion of the FMI City project in a statement yesterday with the project to be handed over to Myanmar’s housing board on September 30. Known as Padaetharbin Myo Taw locally, FMI City is the country’s first gated community. Located in the northwest, about 15 kilometres away from downtown Yangon, […]

Nearly 300 low-priced flats in Shwe Lin Ban unsold

Nearly 300 low-cost houses at Shwe Lin Ban industrial zone in Hlaing Tharyar township, are awaiting to be sold, according to an official from the Department of Urban and Housing Development (DUHD), Ministry of Construction. “We are developing cheap housing for those with very low income who couldn’t afford accommodation prices,” U Nay Myo Hlaing, […]

Singapore’s Surbana Jurong JV builds local capacity

Singapore’s Surbana International Consultants will have a greater capacity to bid for large scale projects in Myanmar, following its recent merger with Jurong International Holdings, according to Gareth Wong, general manager of Surbana in Myanmar. Both companies were formerly part of the Singaporean government – Surbana was formerly under the Housing & Development Board (HDB) […]