MDY public rental housing to be constructed within this FY

LOCAL NEWS

The Department of Urban and Housing Development (DUHD) under the Ministry of Construction is carrying out the construction of Mingalar Yankin public rental housing project containing 3,000 flats in Shin Taw Gone village near Yankin Taung (Yankin Mountain) Patheingyi township, Mandalay within this financial year (FY).
This housing project aims for the retired civil staff, who could not afford to buy the flats, those who are near retirement and those who have difficulty purchasing a flat. This project is being implemented, with spending of K75 billion from the Union Government and regional government budgets, said U Thet Naing, the director of DUHD.
“The project started implementing on 28 August. At present, the infrastructure of the project, including bridges and roads, is completed. The engineering part of the project is also completed, and now the project is being started with the foundation. Now, the construction of the project is completed by 3 per cent. We targeted to complete the construction of the project within a year. Upon completion of the project, we will set up the policy in Yangon, Mandalay, Nay Pyi Taw and rent those flats. The apartments will be rented by paying three months’ advance and the tenancy period will be fixed. The apartment in Yangon set up a five-year tenancy period. We have set up the period yet in Mandalay. We will announce officially to ap ply for the application to rent the apartment after we have accepted guideline and negotiation with the regional government. We attempted to complete the project as soon as possible to assist the people who are having difficulty living. We also have a plan to construct more apartments next year,” he added.
The department is building a total of 3,000 flats on 112 acres of plot land. There are 188 five-storey apartment buildings, and each room measures 650 square feet.
This project is implemented jointly by the Myanmar Urban, and Construction Entrepreneurs Association and Myanmar licenced contractors Association.
The Department of Urban and Housing Development is constructing a total of 10,000 apartments covered by this housing project including 6,300 in Yangon region, 700 in Nay Pyi Taw and 3,000 in Mandalay. Upon completion of the project, the department will accommodate those retired civil staff with a cheap rental system which will be less expensive than the outside private apartments.  — Min Htet Aung (Man Sub-Printing House) (Translated by Hay Mar)

Share this post
Hot News
Hot News