Yangon govt signs agreement with Berjaya Land for housing project

The Yangon Region government has signed a concession agreement with Malaysia-owned BDS Smart City Co Ltd to formalise a public housing and mixed-development project in Yangon, according to a stock exchange filing by Berjaya Land Bhd, the parent of BDS Smart City, on February 10. The project will be developed across 183 acres of land […]

Myanmar initiates low-cost housing for squatters in Yangon

Myanmar’s Yangon regional government has initiated a project of developing apartments on state-owned land to tackle the issue of squatters and the project will be implemented in September, according to the office of the regional government on Wednesday. “The regional government will offer a long term installment payment plan to squatters to help them purchase […]

New housing project in Mawlamyine estimated to produce about 2,000 units

The Urban and Housing Development Department under the Ministry of Construction plans to implement a new housing project in Mon State estimated to build about 2,000 new units.   The department submitted a proposal to the Mon State government in September to carry out the housing project on vacant plots in the east of Mawlamyine- […]

Construction begins on Mahabandoola rental housing project

Yangon—Construction on the Mahabandoola rental housing project has begun in South Dagon Township this month, sources say. The regional government granted contracts to 26 local construction companies, including the Myanmar Land and Development Company, Advanced Global Technologies Construction, Manaw Ayeyar Construction, Khine Yati Company and Kyae Myint Mo Company, to implement the project in early […]