To improve the lacklustre selling market for condominiums, officials need to enact condominium by-laws soon, said developers such as U Kyaw Kyaw Naing, managing director of iGreen Construction Company Limited. Although the Condominium Law was enacted during the last week of January 2016, by-laws have not come into effect until recently. The condo-selling market […]
Construction and Real Estate Sectors Pin 2017 Hopes on New Legislation
December 30, 2016 by thiha
The construction sector will be glad to see the back of 2016 – a year in which a political transition, a high-rise review and a volatile currency conspired to leave many developers battered and bitter. But there were also signs of a fragile recovery in the real estate market, and new laws set to […]
Filed Under: Latest News Tagged With: Ayeyarwon, CEO of MKT Construction., Daw Aung San Suu Kyi, Development Party Government, Director of Myat Min Construction, Housing Development Department, Housing Development Department Director General U Min Htein, Ministry of Construction Urban, Myanmar Construction Entrepreneurs Association, Myanmar kyat, National League for Democracy, NLD, Sai Khon Naung Real Estate Agency Chair U Sai Khon Naung, The Myanmar Times, U Kyaw Kyaw Soe, U Myat Min, U Myo Myint, U Sai Thet Naing Moe, U Yan Aung, Union Solidarity, Urban, Yadanar, Yangon, Yangon City Development Committee
Affordable Housing Projects Affected as Funds Dry Up
December 16, 2016 by thiha
In a serious blow to thousands of would-be home-owners, the construction of affordable homes in Yangon’s Ayeyarwon and Yadanar housing projects has been suspended because the money has run out, government officials say. Urban and Housing Development department director general U Min Htein told The Myanmar Times on December 6 that the government lacked the funds to […]
Filed Under: Latest News Tagged With: Ayeyarwon, Chair of Original Group, Chan Tha Shwe Pyi Construction, construction, Dagon Seikkan Township, DUHD, First Myanmar Construction Chair U Sone Han, Housing Development Bank, Housing Development Department Director General U Min Htein, Kanaung, Ministry of Construction DUHD, Myanmar Construction Entrepreneur Association, The Ayeyarwon, The Myanmar Times, U Than Myint, U Thar Htay, Urban, Yadanar, Yadanar Housing Projects, Yangon Ayeyarwon, Yuzana, Yuzana Garden City
