The Burmese government orders the cancellation of the Dagon City real estate projects due to public concerns about their proximity to Shwedagon Pagoda.
CP Land Plc plans to pay US$16 million this year to take over an office building in Rangoon.
People living on the bank of the Irrawaddy river say they had no warning before they saw their squats bulldozed ahead of a visit by the Norwegian royals.
“We have gone from what was essentially a gold rush to virtually no buyers whatsoever,” a property broker from Rangoon’s Twante Township, Myint Oo, told DVB.
Protestors that have been occupying a sidewalk of downtown Rangoon for more than six months have been given a deadline of 3 October to vacate the site and dismantle their…
A controversial urban expansion plan for Burma’s former capital, Rangoon, was brought before an emergency session of the regional parliament on Monday.