The Mandalay City Development Committee (MCDC) plans to sell nearly 2,000 apartments at the Mya Yee Nanda affordable housing complex to government staff and retired service personnel in the Mandalay Region in 2019, said U Kyaw Hsan Myint, a member of the MCDC.
A total of 312 apartments from the housing complex being constructed in the Chanmyathazi Township will be completed in December. There are plans to construct an additional 1,512 apartments in September 2019.
The MCDC had sold 672 apartments in the housing complex in August. But, 113 apartment buyers have not paid their deposit yet. Therefore, the MCDC will sell a total of 1,937 apartments, including the 113 apartments for which deposits have not yet been paid, he said.
“The MCDC is making arrangements to sell these apartments to those who will really stay there. Moreover, the MCDC will also upgrade the roads and erect electric lamp posts, for regional development,” he added.
The MCDC has upgraded the roads and drainage systems, installed the water supply system, set up power lines, and planted trees in the Mya Yee Nanda affordable housing compound. The MCDC has printed the documents for owner and plans to hand over apartment to owners in November, said U Kyaw Hsan Myint.
The MCDC will inspect the apartments to check whether the owners are living in those apartment or not, over a five-year period. If the MCDC finds any apartments that have been resold, they will take them back according to regulations.
—Min Htet Aung (Mandalay sub-printing house)
(Translated by Hay Mar)