Monday, August 21, 2017

Junction centre opens in capital

The first shopping centre in Myanmar’s administrative capital Nay Pyi Taw was officially opened on August 16.

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Illegal car auction centres face YCDC pressure

Illegal and noisy car auction centres – and those who run them – have faced government sanction in the last fortnight, a Yangon City Development Committee (YCDC) tax department official said last week.

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Architect makes best use of available space

Architect U Nyunt Win is a master of making the best of available space and this distinctive house in Yankin township is a prime example.

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More factories move to Dagon Seikkan zone

More than 180 businesses deemed to create excessively bad odours have been served notice by the Yangon City Development Committee (YCDC) that they must relocate to the Dagon Seikkan Industrial Zone, officials said last week.

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Prop sales tax rolled over until Aug 2010

Real estate agents say they hope that a one-year extension on property taxation rates until August 2010, coupled with an improving economic climate, will equal good news for the industry.

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High-end property market swings upward in Q1

Demand for high-end properties in Yangon has increased in the first quarter of the 2009-10 financial year, a number of real estate agents said late last month.

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Buyers wary of 10yo high rises: agents

Real estate agents in Yangon say that apartment owners in high-rise buildings more than 10 years old should consider renovating the buildings in order to get a decent sale price, especially in a tough climate.

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YCDC to levy new K5 million deposit

Yangon City Development Committee’s (YCDC) building department has begun levying an extra K5 million deposit for buildings four storeys and taller that will be refunded when a Building Completion Certificate (BCC) is issued.

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