Condominium in MyanmarOwner-occupied apartment in Myanmar
manhattan properties in Yangon City properties for sale-eight
Hallway condominium for rent on Bo Myat Htun Road. Realtor: A flat for rent in Pazundaung! This is a good flat for rent in Mingalar Tower. Realtor: Beautiful room for rent in the municipality of Kyauktadar. Realtor: Well-equipped room for rent in the municipality of Pazundaung.
Furnished room for rent in Sanchaung Township. Condominium in Star City for sal. One condo room for rent with an appropriate amount of money in Star City Condo. Realtor:
Condominium flats and flats in Myanmar, project index
Leaf Residence is an accessible but luxury condominium. Situated in the Karmayut Township next to Pyay Road in Yangon Town, Crystal Residences is a 21-story..... Condominium is situated in Thingangyun Township, Yangon town, Malikha offers the exclusive..... Situated in the centre of Yangon, along Baho Road in Sanchaung Township, Twin Centro Co.....
FULLY-EQUIPPED, LUXURIOUS CONDO IN A GREAT POSITION. Condominium Grand Myakanthar apartment 18. floor (Condo) &nbs..... Twelve-storey condo with forty unique apartments, The Classic Strand Condominium..... There is Myay Nu Condo in the municipality of Sanchaung. The Hilltop Vista is developed to take advantage of its elevation and environment. There are 1 Mater bedroom, 2 single rooms, it is well located in Bahan Township, and on Kabar A.....
The Star City Kondo is situated near Bago Riviera in Thanlyin Townhip. The apartment has a One Master beds..... That apartment is brand new. It' on Ahlon Road. It' a well-designed, well-situated and safe area for a stay in Yangon, especially..... Riverside apartment for longtermrental in the municipality of Kyeemyindaing.
Semi-detached apartment in beautiful surroundings..... CondoNo.178 Green Lake Upper Pansodan Road, Mingalartaungnyunt Nyunt Township.facilitiesCapital.....
The new condominium ownership regulations allow more freedom for foreign nationals
av _abdm = _abdm |||| ;_abdm.push(["1512023572", "InPage", "1512024292", "InPage_1512024292"]); var _abdm = _abdm |||| ;_abdm. push (["1512023572", "InPage", "1512024269", "InPage_1512024269"]); foreign investors will have more freedom to engage in investments in the domestic real estate market, in accordance with the new provisions of the Condominium Act of Thursday. Condominium ownership regulations are the last step in the transposition of the Condominium Ownership Act passed last year.
On 7 December, the Union Minister for Building and Real Estate will publish the regulations "soon", which are marked by a slowing down in the area. According to the new regulations, foreign nationals may now design real estate conditional on the consent of the Myanmar Investment Commission, said Daw Moe Thida, Deputy Director of the Department of Urban and Housing Development (DUHD), on Thursday in Nay Pyi Taw.
A condominium development requires at least 6 storeys on an area of 0.5 acre. Furthermore, building owners can pre-sell new residential properties after completion of at least one third of the founding work. This move will help companies in the building industry and property development to lower their financial burdens and enable them to better control their financial flow, said U Min Htein, General Manager of DUHD, Myanmar Times.
In the meantime, up to 40 finished unit may be purchased on each storey of a residential area. According to an earlier design of the residential property code, only 40 of the living space could be owned by foreign nationals in blocks above the 6th-story. According to the regulations, foreign nationals may not own any country.
"Although it is permitted for aliens to enter the country, they must cooperate with Myanmar citizens who have the right to own the land."