Industrial property prices in Hpa-An have been increasing over the last several months, even though few factories are being established there, according to realtors. “The industrial zone was developed with many purposes, including job opportunities for young people. It is also to develop regional areas. People with cash speculated and bought property in areas where […]
High-Rise Limits in Old Rangoon: a Step in the Right Direction
May 22, 2014 by
Rangoon is at a major turning point in its urban planning history. The city’s first comprehensive plan to limit the height of new buildings has been drafted. In the coming weeks, members of the public will be able to officially comment on it during a public hearing by the Yangon City Development Committee’s zoning committee. […]
Myanmar industrial land speculation – music about to stop
April 9, 2013 by
Many speculators sitting on land in industrial zone like Thilawa Special Economic Zone will faced prosecution as they have not develop the land within a stipulated period after receiving the land from the government. Some speculators who are ignorant of the law happily “buy” land in industrial zones from the previous owner without knowledge as […]
