Property News

According to the state-run newspaper, shops and gates of Chan Mya Shwe Pyi (Kywe Se Kan) temporary highway bus station were drawn lots on February 16. Chan Mya Shwe Pyi (Kywe Se Kan) Temporary Bus Station complex, which is situated between 73th and 74th Streets, Pyigyitagon township, Mandalay, was built on 10 acres of land near the end of the Tagonetine circle. The 100 shops and 213 car gate rooms from 156 car associations on the first floor were drawn lots and the event was attended by U Thet Naing who heads the Revenues Department of MCDC, officials, members of car gates rules and regulations administration committee, shopkeepers, shop owners, representatives and the invited guests,...

The flower market on the Mandalay-Pyin Oo Lwin road was opened on January 6, according to Mandalay mayor’s social media page. The flower market is located on the driveway of Pyin Oo Lwin Road leading to Myayi Nandar New Town, which is designed to make shelter and vehicles safer and easier to sell, the Mayor said. The wholesale flower market is round-the-clock market and bright street lights are on in order to secure in the night and early morning hours with offering full parking lots, restrooms and water supply. No one has the right to sell back and hand over the shops. If violated, legal action would be taken, according to reports. The Mayor said it was the fourth market to open...

Mya Yi Nandar affordable 570 housing units would be sold for the third time, according to Mandalay City Development Committee on January 28. Mandalay City Development Committee implemented Mya Yi Nandar housing units at Mya Yi Nandar quarter, Chanmyathazi Township in Mandalay and they will be sold to retired government employees, civil servants, private employees and the public who live in six townships of Mandalay, according to reports. The application form will be sold from January 27 to February 7 priced at K 1000 per form and they will be received again from February 17 to February 28. Written by iMyanmarHouse.com team Credit: iMyanmarHouse.com

The Japanese government signed an agreement on January 21 to provide loans for four sectors of urban development, worth more than $ 1 billion. These are four projects to be implemented in Yangon, Mandalay, Tanintharyi Region, Chin, Rakhine, Mon and Kayin state. It is borrowed under the Japanese Development Fund ( ODA ). They are the project for development of Yangon's sewerage system, infrastructure improvement projects in some regions and states, urban transport and communication project and development for electricity distribution Project in Yangon and project. The loan is part of an agreement under the incumbent Japanese government that has provided $ 8 billion in loans. The loan will...

10 new air-conditioned train carriages, purchased by a loan from South Korea, arrived at Thilawa Port for the second time in Yangon, on January 7, according to reports. 10 air-conditioned rail carriages and spare parts arrived at the Jetty. They will be sent to the Myitnge train carriage factory. The first batch of air-conditioned train carriages will run in Mandalay-Myitkyina railroad section in the early May. The Myanma Railways (MR) under Ministry of Transport and Communications has planned to buy new 100 passenger train carriages with a US$ 45 million loan from EXIM Bank of South Korea and signed a contract with South korea-based Dawonsys Company on December 5, 2018.   Written...

The launching ceremony of Japan-made brand Topcon and new advanced land-surveying instrument technology was held at Lotte Hotel, Yangon on Manager U Soe Win Nyunt of Concordia Int Co., Ltd said that the high quality instruments are already being used internationally. He added that houses and high-rise buildings are being measured with the latest technology and high quality equipment. If you don’t want to buy and use these instruments, rental service is also available. These instruments are being used in the upgrading of Yangon-Mandalay railroad. He then demonstrated Topcon Unmanned Aerial Vehicle (UAV), Laser Scanning, Delta Monitoring Solutions and other advanced measuring...

According to the preliminary report by a team that comprises of various engineer teams of the building damaged and strength inspections, only a little damaged areas of the Skywalk Shopping Mall in Mandalay’s Yadanabon Market Complex will be repaired, according to Mandalay Mayor U Ye Lwin’s Facebook page. The Mayor U Ye Lwin said that Skywalk Shopping Mall Building is strong and therefore it doesn't need to be demolished wholly. It will regain its strength with only a major repairing of it. At present, the wire cables need to be waited for a while until the water is dry. When the temporary power lines have been installed, it can be reopened within a short period of time. We...

Q Home Development’s Skysuites Luxury  Condominium Sale Exhibition hosted by Myanmar’s No.1 property website iMyanmarHouse.com was successful held at No. (23), Yanshin Street, Yankin Township from 10 a.m. to 7 p.m. on January (18 & 19) Sat and Sun. The exhibition was opened from 10 a.m. to 7 p.m. and anyone can visit and see well-prepared condominium designs that look like real designs. During two days of the exhibition, it has sold for over k 5.7 billion with special discounts, in instalment plans without interests and with a long-term lease with banks. Skysuites Luxury Condominium is built on one acre of ancestral land and it can be owned from generation to...

Mandalay Region Investment Committee approved Myanmar citizen investment two hotel services worth nearly K 7,000 million according to the decision by the 1/2020 meeting. Myanmar citizen investment Lucky International Company will implement the project at No. 551, Aung Nan Avenue, 84 street, 34 and 35 streets, western ward, Chan Aye Thar San township, Mandalay Region. It’s investment will account for k 5.3 billion. Moreover, Aung Theikhti Win Company will continue to implement with the investment of k 1.6 billion in U Paing No. (86-A), Land No. ( 155, 224), field (3), quarter (6), Pyin Oo Lwin, Mandalay Region. These projects approved by Myanmar investment law will create...

Nothern Tiger Trading’s Kalaw Haven ready-to-move units exhibition organized by Myanmar’s No.1 Property Website iMyanmarHouse.com is going to be held at Sedona Hotel, Yangon from 9 a.m. to 5 p.m on January 18 and 19. Kalaw Haven project is located under the foot of Hnee Pagoda mountain, Pinmagone, Kalaw town. The project is located near Hnee Pagoda, Shwe U Min pagoda, Snow White Hotel, Ming Kham Shan Restaurant, Café Kalaw, Adora Kalaw Hotel and View Point Golf Club. Kalaw Haven housing project on 4 acres of land includes a total of 54 plots of land. You can select a variety of the width of the housing units from 1355 sq ft to 1450 sq ft respectively and two-storey...