Foreign investors will be able to buy condominium units in build-operate-transfer (BOT) projects on ministry-owned land if the ministry is willing to register the project, officials said yesterday. The Condominium Law passed last month opens the real estate market to foreign buyers for the first time, but makes no mention of BOT developments. This has […]
Reebonz Launches First Luxury Concept Store
February 19, 2015 by
Southeast Asia-focused online luxury sales company Reebonz said it has launched its new concept store in Myanmar to tap the burgeoning demand for designer products. The luxury retailer opened the store in Golden City, a Singapore-led luxury real estate development project in Yangon. Reebonz said by serving the needs of wealthy Yangonites it hopes to […]
Second phase launched for Golden City project
February 10, 2015 by
The project is set to include several 33-storey towers that will house residences, office space and a hotel on 8.4 acres. Phase 1 consists of four towers and is due for a September 2016 completion, while Phase 2 is to be finished in December 2017. Phase 2 is to include five total structures at a […]
