Funds from the Union budget have been allocated to the construction of 11 residential buildings in Ayeyawun and Yadana. Eighteen other housing projects will be carried out in cooperation with private companies under joint ventures. The chairman of the Myanmar Construction Entrepreneurs Association submitted a proposal to Vice-President Myint Swe that the government provide more […]
Sales of apartments booming thanks to instalment payments
June 13, 2017 by
Instalment housing under K30 million are experiencing strong sales within the real estate market, according to U Yan Aung, general manager of Asia Construction. “Within the market, sales of instalment housing in the lower price range, ranging from around K10 million, are booming. The majority of the people are purchasing normal apartment units with an […]
Government to expand instalment system for farming equipment
January 28, 2017 by
The agriculture ministry is collaborating with private firms to help farmers facing a shortage of animals and labour purchase machinery on instalment. The government is hoping to help provide farmers with new tractors as part of a bid to improve mechanisation across the agricultural sector. Photo: StaffThe government is hoping to help provide farmers with […]
CHDB to offer instalment system for government’s low and fair cost apartments
October 20, 2016 by
Construction and Housing Development Bank (CHDB) will offer an installment system for the low-cost and fair-cost housing apartments which the government will soon offer for sale, it is learnt from CHDB. The low-cost housing apartments will sell for between Ks9.7million to 13.4million per home, with each 19×25 unit. Those who want to buy those apartments […]
Shwelinpan low-cost housing to go on sale
June 10, 2014 by
Apartments in the Shwelinpan low-cost housing project in Hlaingthaya Township will be sold by end of June, according to Department of Human Resettlement and Housing Development. The project so far has ten buildings, each four storeys high with six apartments per floor, comprising of 468 square feet each. Prices range from US$13,000 and U$12,500 and […]
