City Loft opens for sale on the back of rising demand for Thanlyin property

Units of City Loft apartments in Thalyin, Yangon, are now open for sale. Developed by Yoma Land Company, the project targets middle-class buyers. City Loft will occupy 22 acres of land in the StarCity compound in Thalyin, another project developed by the Yoma Land. Phase 1 of the project, which is expected to be complete […]

Dala landowners hold out for bridge compensation

The government has already signed an agreement to pay 60 owners K130 million each in compensation for their land, residents said. U Tin Hlaing, chair of the Dala Township Development Committee, said yesterday, “We calculate compensation at a rate of K130 million for a 60-by-40-foot plot. Sixty residents have agreed to move, and eight have […]

Yangon-Dala bridge on track after compensation deal

A deal on compensation for local residents seems to have unlocked the way to the long-awaited bridge over the Yangon River linking downtown Yangon with Dala township. U Kyaw Myint Oo, chair of the Dala Township Development Committee, told The Myanmar Times over the weekend that a compromise had been reached with residents affected by […]