In Rangoon’s southwest a cluttered city skyline immediately gives way to lush green farms— that are now worth tens of thousands of dollars each.
Tag: real estate
Dagon City hits the rocks
The Burmese government orders the cancellation of the Dagon City real estate projects due to public concerns about their proximity to Shwedagon Pagoda.
Thai property giant views Rangoon office space
CP Land Plc plans to pay US$16 million this year to take over an office building in Rangoon.
Burma’s land prices scare off Thai firm
Saha Group, Thailand’s leading consumer product conglomerate, has scrapped plans to set up an industrial estate in Burma, citing high land prices.
Business weekly 8 May 2015
Telenor posts record revenues; Carlsberg opens beer factory in Pegu; Burma poised to be leading rice exporter; and rents in Rangoon on the rise.
Govt to confiscate idle industrial zone land
Rangoon’s divisional government will confiscate land from individuals who have purchased more than 4,000 acres of industrial zone land without operating businesses there.