Monday, September 25, 2017

Sales for Nay Pyi Taw’s Krisplaza start in Yangon

The  backers of Krisplaza in Nay Pyi Taw have launched sales of the project in Yangon, aiming to bring condo living to the country’s capital.

A mock-up of the Krisplaza development. Photo: Tin Yadanar Tun / The Myanmar TimesA mock-up of the Krisplaza development. Photo: Tin Yadanar Tun / The Myanmar Times

The development is a joint venture between Krislite and First Myanmar Investments (FMI), marking the first time the latter company’s retail arm has stretched beyond Yangon.

The two-tower, 10-storey development is slated to include 114 apartments, a car park, a swimming pool and retail plaza. The units are between 697 and 1276 square feet, and the building includes a range of amenities such as an outdoor infinity pool, a lounge area, a gym, workout area and aplayground.

“Yangon sales started on the 20th of March, and Yangon customers are more interested in the apartments,” said an FMI spokesperson.

Payments can be made over an 18-month period, with the first chunk of 30 percent due within 3 months. Krisplaza is located in Zabu Thiri township, near Nay Pyi Taw’s gem museum.