They have been dubbed the trespassers. The 200 or so families who moved to Ingalaing when it was only an underdeveloped, unutilised field on the fringes of Yangon have now found themselves in the middle of a turf war. As the city expands, developers are eating up the no-longer-so-far-flung plots in Hlaing Tharyar, and attempting […]
DHSHD considers giving Yangon land ‘to communities’
As Yangon develops under the 2040 city plan, authorities are considering options to help ensure illegal residents are not forced out of their communities, according to Daw Hlaing Maw Oo, assistant director of the Department of Human Settlement and Housing Development (DHSHD). “We are considering many options for the relocation of squatters, with the help […]
Developers Urged to Focus on Low Cost Housing
While high-end properties in Myanmar are being built at a record rate, there is increasing need for low-cost housing, experts told a forum. “YCDC has permitted 20 building that are over 20 storeys and three buildings with more than 30. These projects are typically constructed on a build-operate-transfer basis. But people of all economic classes […]
Govt needs proper housing policy, critics say
Instead of giving housing projects to business people close to them, the government should lay down proper housing policies to solve the problem of rising property prices partly due to market speculation, critics said. Following economic liberalization, increasing foreign investment and inflow of black money into real estate sector, property prices in Myanmar, especially in […]