Yangon govt to sell over 30 land plots in 5 townships

File photo shows an aerial view of Yangon City with high-rise buildings. Photo: MNA
File photo shows an aerial view of Yangon City with high-rise buildings. Photo: MNA

By Nyein Nyein

More than 30 plots of land in five townships will be up for sales by Yangon Region government, varying over an acre to over 13 acres per land plot, according to Yangon Region government’s Land Management Committee.
Those plots are situated in East Dagon, South Dagon, Dagon Seikkan, Shwepyitha and North Okkalapa townships.
The Yangon Region government has announced the sale of land for setting up industrial businesses and public housing. Land-use permits will be granted after paying the charges set by the Yangon City Development Committee (YCDC).
Those interested buyers can submit land-use applications in the stipulated format to the related YCDC offices in the respective townships during the working hours.
The application format and land data can see on the regional government’s website, https://www.yangon.gov.mm/announcements.html. The applications can be submitted by 30 June. For land owned by Yangon Region government, initially, land-use applications for 500 plots in Hlinethaya, Shwepyitha, and four Dagon townships; and more than 170 plots in the Myaungtagar Industrial Zone were sold on 7 October at the office complex of the General Administrative Department (Eastern District), and interested buyers purchased 15,620 forms by 8 November, when the deadline ended, said YCDC Joint Secretary U Than.
However, only 12,158 forms were submitted, he said.
Next, more than 9,000 acres in East Dagon and Dagon Seikkan townships, which was previously marked as agricultural land, will go under the hammer, the regional government announced.
The plots that are slated to be sold were previously seized by the government, and compensation had not been awarded to their original owners. Therefore, to compensate the original farmland owners, the lands are being sold again.
At present, there are more than 3,000 cases with the Yangon Region government’s Committee for Scrutinizing Confiscated Farmlands and Other Lands. Compensation of K6.9 billion has been awarded to farmers as of 28 September 2019. In the 2019-2020 fiscal year, compensation of K31 billion would be provided to the original farmland owners.
(Translated by Ei Myat Mon)

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