Platinum PatheinPathein Platinum
Co) Number of towers: A new office / retail property development in Pathein, Ayeyarwady, Myanmar by Mya Bay H&Co; Platinum Pathein. The Platinum Pathein project is a new real estate development in Mingalar Taung Nyunt, Myanmar.
Ripples of growth in Myanmar's metropolises
Made with Sketch.Made with Sketch.Made with Sketch.Made with Sketch. Myanmar's New Star Light Building will conclude the Mingalar Mandalay Metropolitan Development this year with an architectural building, condominiums and a hospital. ! YANGON -- Mandalay and other Myanmar provincial towns are currently building large mixed-use development schemes as designers expand their foci outside Yangon, the country's foremost town.
This year, the giants New Light Building will build a housing development in Mandalay, the country's second tallest town. Approximately 20 ha of the 200 billion kyats ($147 million) Mingalar Mandalay property. In the second stage, a 12-story multi-storey building, luxurious apartments and a five-star Pullman motel will be built by the AccorHotels group.
The New Star Light is also constructing one of Myanmar's biggest congress centres in Mandalay, which is scheduled for completion by early this year. At Muse, a town in the north-eastern state of Shan, the enterprise is working on the development of an industrial estate by 2022. This 120-hectare property, which will cost more than 100 billion kyats, will include a retail centre and quality apartments with a superstore and an adjoining conference centre.
The New Star Light Construction is planning a business quarter in Muse, an area of Myanmar that is to profit from trading with China. The muse and Mandalay are sitting along a large Arterie that extends as far as China. Tighter China-Myanmar relations will increase the importance of Mandalay, said Kyaw Kyaw Win, chairman of New Star Light.
Comprised of four five-story condominiums, more than 70 shops and a grocery store run by Germany's leading retailer Downtown Mart. The Hong Kong based H&Co Real Estate Holdings has laid the foundation stone in the south Ayeyarwady region on Platinum Pathein, which will comprise a three-star resort and condominiums. The H&Co will be spending $200 million with the Mya Bay Development for the seven hectares of the Pathein development, a harbour town near the Bay of Bengal and Ngwe Saung Beach, known for its scenic outlooks.