Property News

Yangon Region Chief Minister U Phyo Min Thein said that we are trying to carry out the development of Yangon urban areas by setting four goals. He said these goals are to preserve the urban heritage, to be green, to become an attractive city and to become a commercial capital. There is also an invitation for the commercial type in order to maintain the development conditions of Yangon and for greening the city. Investors in Yangon are also preparing for invitations to responsible businesses that will not damage the environment. Currently, Yangon Investment Forum 2020 is also being organized to promote the manufacturing sector in Yangon Region. The president of the Union of Myanmar...

Yangon Region Chief Minister U Phyo Min Thein inspected the completion of the Time City building in Kamaryut Township on February 14, according to Yangon Region Government. Officials briefed Yangon Region Chief Minister U Phyo Min Thein on the completion of the building and the plans to hand over the Yangon City Development Committee. Also present at the visit were Yangon Mayor U Maung Maung Soe, Minister of Social Affairs U Naing Ngan Linn, Minister of Immigration and Human Resources Daw Moe Moe Su Kyi, Advocate General of Yangon Region Daw Khin Myo Kyi and the members of the Yangon City Development Committee. Written by iMyanmarHouse.com Team Credit: iMyanmarHouse.com

The officials from the Ministry of Construction said that the construction of Yangon elevated expressway project to be implemented in eight townships, with some of the houses and buildings will be affected, mostly in North Okkalapa township. Ministry of Construction officials spoke at a public briefing on the project. Yangon elevated expressway will be constructed in Mingala Taungnyunt, Tarmwe, Thingangyun, South Okkalapa, Mayangon, North Okkalapa, Mingaladon and Insein townships. In addition to North Okkalapa township, some of the houses and buildings in South Okkalapa and Mayangon townships will also be affected a little. However, it will not need the relocation, according to the...

Yangon Region Government Chief Minister U Phyo Min Thein received the delegation led by Mr. Takimi Kazuyuki, Counselor of the Japan Embassy at the diplomatic hall of the office of Yangon Region Government on February 13, according to Yangon Region Government. At the meeting, they discussed the installation of the Y-Complex Project. The Fujita Company from Japan, Tokyo Tamono Company, Join Company in cooperation with Shwehinthar Company from Myanmar are implementing the project on the former space of Defense Services Museum at the corner of Shwedagon Road, U Wisara Road and Pantara Road with a cost of US $ 320 and is scheduled to finish by 2020. Written by iMyanmarHouse.com Team Credit:...

Underpass construction project is underway, according to the Engineering Department (Roads and Bridges) of the Yangon City Development Committee (ROAD). The tunnel is 30 meters long, 3 meters wide, 3 meters high. The excavation work has begun on the underground side of the University of Education through the Pyay Road near Sidepyo Yay bus stop, Kamaryut Township, Yangon. The roadblock work is being carried out on the side of the University of Education on January 25, and is a one-year project. When the underpass construction is finished, security systems for the people travelling through the tunnel, shops, air conditioning and electricity posts will be systematically put in place,...

Yangon Region Government and Ministry of Construction has announced the project details of Yangon overpass project phase 1 will be made public in six townships. The townships to be explained to the public are the affected townships: Mingala Taungnyunt, Thingangyun, South Okkalapa, North Okkalapa and Mayangone townships. Yangon overpass project information will be respectively made public at Thudamar Dharmayone on February 15, Pathein Nyunt Ward, Mingala Taungnyunt township, at the General Administration Office of Thingangyun township and at Myinthar Myo Oo monastery, South Okkalapa township on February 16, at the General Administration Office, North Okkalapa township and at the Great...

Myanmar Motion Picture Museum was opened on February 8, according to Yangon Region Government. Union Minister for Information Dr.Pe Myint delivered the keynote speech and Yangon Region Chief Minister U Phyo Min Thein expressed pleasure and honour for opening the museum. The Chief Minister U Phyo Min Thein said “2020 has marked the centenary of Myanma movie industry, and that it is my pleasure and honour to have successfully opened the Myanmar Motion Picture Museum to systematically display the documents about Myanma movie industry. Yangon Region Chief Minister U Phyo Min Thein added that there is a museum of film history in Yangon and to enhance the need to aware of it among the...

BDS Smart City housing project will be implemented on 183 acres of land at the corner of Shwe Li and Mya Nandar streets, Dagon Myothit (Seikan) township. The signing ceremony of Concession Agreement between Yangon Region Government and BDS Smart City Co., Ltd was held at the wedding hall of the Region Government, Dagon township, according to reports. BDS Smart City Project will be divided into 12 sections and will be developed into Affordable Housing, High End residential, Shop Lots, Shop House, School, Hospital, Community Center and Mix development project. The project period will last from 6 to 10 years. The Gross Development Value (GDV) of the entire project is US $ 782.72 million. In...

The opening ceremony of civil society-based Center was held in cooperation with Ministry of Information and Yangon Region Government at Shwegondine Road, Bahan Township, Yangon on February 8, according to Yangon Region Government. The civil society-based Center was built at a cost of K 484.1 million within the 2018-2019 fiscal year, with a modern playground and library for children on the ground floor, gym equipment for youth and adult, knowledgeable museum, a meeting room and main library on the first floor, a training classroom with 25 computers and seminars, one large multi-room to hold conversations, balconies to hold literary conferences and public sports activities in the left and...

The Yangon Region government issued a statement on 7 February saying that the Yangon Region government will sell more land that is owned by the Yangon Region government. The land will be used for commercial or commercial purposes. Set to use the land for residential or indirectly used to pay municipal costs. Thus, anyone interested to grant access to the land application specified pattern printed by computer program developer fill. Yangon townships nearest District Office of the City Development Committee / City Development Mission Inform can be submitted during office hours. Land for sale in Yangon Region is located in Dagon Myothit (East); Dagon Myothit (South) Dagon Myothit (Seikkan)...