myanmar - Real Estate

Real Estate Services Bill submitted to Parliament

The Real Estate Services Bill aiming to increase tax revenues and to build confidence in the industry has been submitted to the Pyithu Hluttaw.
Date: 01 February 2019; Type: Legal News; Source: Myanmar Times

After Three Years, Regulations under Condominium Law firm up

The Ministry of Construction has announced the formation of a management committee to oversee the implementation of regulations under the Condominium Law 2016 and Condominium Rules 2017.
Date: 17 January 2019; Type: Legal News; Source: Myanmar Times

Mandalay revokes Permits for 57 Apartments over Nonpayment

The Mandalay government has revoked the permits for the sale of 57 apartments under the government affordable housing programme after those who were given the rights to buy these units failed to make payment after one year.
Date: 13 August 2018; Type: Legal News; Source: Myanmar Times

No 100 per cent Foreign Ownership in Real Estate

Foreigners will not be allowed to own 100 percent in any real estate business in Myanmar, according to a draft Real Estate Service Law, but they can be allowed to go into partnership with citizens, U Aung Tun, vice chairman of the Myanmar Real Estate Services Development Association, said.
Date: 08 August 2018; Type: Legal News; Source: Myanmar Times

Bill to regulate Real Estate Brokers open to Public

A real estate bill which includes legislation to regulate dealings between brokers and their customers was made open for public comment by the Union Parliament this month.
Date: 26 June 2018; Type: Legal News; Source: Myanmar Times

Court rules in Favour of MEC, deals a Blow to Farmer Land Rights

A Myanmar court yesterday ruled in favour of the Myanmar Economic Corporation (MEC) in a land rights case between the Tatmadaw-linked organisation and 33 farmers inhabiting land near the Thilawa Special Economic Zone (SEZ). An NGO commented that the ruling represents a blow to the land rights of farmers and is “a continuation of the long hist ...
Date: 08 May 2018; Type: Legal News; Source: Myanmar Times

Mandalay Government to seize Idle Farmland

Special teams have been formed to confiscate vacant, fallow and virgin land in seven districts of Mandalay Region on which farming still hasn’t started four years after they were approved for cultivation, said the regional government.
Date: 11 April 2018; Type: Legal News; Source: Myanmar Times

Draft YCDC Law to drive Yangon Growth submitted in Parliament

Yangon’s leaders want to upgrade and promote the city as a business hub for the country. Last week, its mayor, U Maung Maung Soe, submitted draft legislation for the governing and development of the city to the Yangon Regional Parliament.
Date: 08 February 2018; Type: Legal News; Source: Myanmar Times

Parliament warns Urban Planners to follow the Law

A legislator has asked parliament to conduct a systematic review of all urban planning projects to determine if they are following the law.
Date: 06 February 2018; Type: Legal News; Source: Myanmar Times

Construction Sector under threat from High Tax, Interest Rates

Unreasonably high tax and interest rates could lead to the collapse of Mandalay’s already ailing construction sector, U Shein Win, Vice Chair of the Myanmar Construction Entrepreneur Association (MCEA) told The Myanmar Times last Friday.
Date: 29 January 2018; Type: Legal News; Source: Myanmar Times

Yangon City Development Law under fire before Enactment

After six months of redrafting and deliberation, Yangon will lay down the latest version of the Yangon City Development Law very soon, Yangon Hluttaw bill committee chair U Thein Myint told The Myanmar Times.
Date: 19 December 2017; Type: Legal News; Source: Myanmar Times

New Condominium Rules allow More Flexibility for Foreigners

Foreigners will be given more flexibility to invest in the local property sector, according to new rules under the Condominium Law announced Thursday. The Condominium Rules are the final steps of the implementation of the Condominium Law, which was approved last year.
Date: 16 December 2017; Type: Legal News; Source: Myanmar Times

Draft Condominium Bylaw to be ready in Two Months

The condominium bylaw which is currently being drafted will be enacted soon, and it will include the right for the buyers to be connected to banks and purchase with an instalment system, said U Min Htein, director general of the Department of Urban and Housing Development (DUHD) under the Ministry of Construction.
Date: 23 August 2017; Type: Legal News; Source: Myanmar Times

Speaker warns Ministry about issuing of Land-use Certificates

The Department of Agricultural Farmland Management and Statistics, which issues land-use certificates to farmers, is not following proper procedures, Pyithu Hluttaw Speaker U Win Myint warned the ministry that supervises the department.
Date: 10 August 2017; Type: Legal News; Source: Myanmar Times

Mandalay targets Rental Agreement Violations

The government will take action against rental housings residents in the western part of Mandalay who sublet or resell their units, said Mandalay Mayor Ye Lwin.
Date: 11 July 2017; Type: Legal News; Source: Myanmar Times

Land Rights Major Risk for EU-Myanmar IPA

As EU-Myanmar Investment Protection Agreement (IPA) negotiations entered the fifth round, a report released by ACT-Alliance on the potential risks and opportunities of the agreement has named Myanmar’s widespread land conflicts, land-related human rights, the need for policy space and limited institutional capacity as major obstacles to the f ...
Date: 12 May 2017; Type: Legal News; Source: Myanmar Times

Locals to protest against Land, Compensation Issues

Local residents living near the Sabeitaung and Kyesintaung copper mines of Monywa township, will launch a protest on April 26 to demand a quick resolution to the issue of confiscated lands and compensation.
Date: 24 April 2017; Type: Legal News; Source: Myanmar Times

Court for Unlicensed Rental of Properties

MANDALAY property owners have been warned that from July onwards, those who rent out their premises without a house rental business license, will be taken to court.
Date: 17 March 2017; Type: Legal News; Source: Myanmar Times

Mandalay Farmers want Lawsuits over Seized Land withdrawn

Farmers in Mandalay Region facing court cases over land seizures want the regional government to withdraw the lawsuits and return the land to them.
Date: 27 February 2017; Type: Legal News; Source: Myanmar Times

Two Laws to be amended to solve Land Disputes

To resolve disputes over confiscated lands and to streamline the process of returning them to the rightful owners, the Union government will amend two land-related laws, said Dr Aung Thu, Union Minister for Agriculture, Livestock and Irrigation.
Date: 14 February 2017; Type: Legal News; Source: Myanmar Times

INDUSTRY UPDATES

Justice Ministry: US Claims ‘baseless’

The Ministry of Justice on Tuesday reacted to recent “baseless” claims by the US Embassy in Phnom Penh regarding the case of former opposition leader Kem Sokha, urging the embassy to stop spreading misinformation regarding the implementation of the law in Cambodia.

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Court adjourns Tony Pua's Appeal against Interim Injunction over RUU355 Video Clip

PUTRAJAYA, Feb 20 (Bernama) - The Federal Court today adjourned the appeal hearing by Damansara Member of Parliament Tony Pua Kiam Wee against an interim injunction order over his alleged video clip relating to the tabling of Syariah Courts (Criminal Jurisdiction) (Amendment) Bill 2016 or RUU355.

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INDUSTRY UPDATES

DOJ urged to Act on Murder Raps vs PNP Men in Lawyer's Death

MANILA, Feb 19 (PNA) - A former Cebu City councilor asked the Department of Justice (DOJ) Monday to charge policemen implicated in the killing of his brother, lawyer Noel Archival, five years ago.

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INDUSTRY UPDATES

Laos, Japan celebrate 20 Years of Legal, Judicial Cooperation

The Lao and Japanese governments have highlighted 20 years of achievement in cooperation to strengthen the legal and judicial sectors in Laos, especially with regard to human resource development.

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INDUSTRY UPDATES

Sarawak Lawyers wants Government to set up RCI over Judge Allegations

MIRI, Feb 19 (Bernama) - The Advocates Association of Sarawak (AAS) has proposed to the government to set up a Royal Commission of Inquiry (RCI) over the allegation of judicial interference in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer recently.

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INDUSTRY UPDATES

MACC meets Judge Hamid Sultan over 63-Page Affidavit

PUTRAJAYA, Feb 18 (Bernama) - The Malaysian Anti-Corruption Commission (MACC) today met with Court of Appeal judge Datuk Dr Hamid Sultan Abu Baker over his recent 63-page affidavit, filed last week, on allegations of judicial interference.

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INDUSTRY UPDATES

CBM headed in Right Direction, Bank Development expected: Experts

The Central Bank of Myanmar (CBM) has begun taking the initial steps to stand as an independent body, local financial experts and economists say.

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INDUSTRY UPDATES

Retired SC Justice Azcuna 'Selfless Government Worker': Palace

MANILA, Feb 15 (PNA) - Malacañang wished retired Supreme Court (SC) Associate Justice Adolfo Azcuna the best as he celebrates his 80th birthday on Saturday.

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INDUSTRY UPDATES

Rule of Law followed in Ressa Arrest

MANILA, Feb 15 (PNA) - Malacañang on Friday said the rule of law was followed in the arrest of Rappler chief executive officer Maria Ressa for cyberlibel amid criticisms of suppressing press freedom.

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Rebuilding ASEAN’s Financial Safety Net

Singapore and Indonesia signed a US$10 billion (K15.23 trillion) bilateral swap agreement last October, allowing the two countries to assist each other during times of financial stress through US dollar loans. The move signalled a willingness by ASEAN countries to play a bigger and more direct role in strengthening the region’s financial stability, but there is still much more to do.

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INDUSTRY UPDATES

Judiciary lodges Police Report over Allegations in Affidavit

PUTRAJAYA, Feb 15 (Bernama) - The Judiciary has lodged a police report over allegations made against unnamed judges and the institution in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer.

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INDUSTRY UPDATES

Blind Woman's Persistence to become Lawyer bears Fruit

KUALA LUMPUR, Feb 15 (Bernama) - ‘Where there’s a will, there’s a way’, this proverb illustrates the determination and diligence of a visually impaired young woman who has achieved her dream of becoming a lawyer.

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INDUSTRY UPDATES

Lawyer urges Government and CJ to address Justice Hamid's Revelations

KUALA LUMPUR, Feb 15 (Bernama) - Lawyer Sangeet Kaur Deo has called on the government and Chief Justice to immediately look into the claims by Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer, contained in his affidavit which revealed misconduct of top judges and judicial interference.

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INDUSTRY UPDATES

Decision on Minimum Wage Increases due in March

BANGKOK, Feb 13 (NNT) - The final decision on Minimum Wage increases will be made in March, with new rates to vary in accordance with economic conditions in each province.

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INDUSTRY UPDATES

No Violation of Ressa's Civil Rights: DOJ

MANILA, Feb 14 (PNA) - Justice Secretary Menardo Guevarra on Thursday assured full protection of the civil rights of online news website Rappler's publisher Maria Ressa, who was arrested on Wednesday in connection with a cyber libel complaint filed against her and the media firm by a private individual.

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INDUSTRY UPDATES

DOTr inks Deal on Common Station Construction

MANILA, Feb 13 (PNA) - The Department of Transportation (DOTr) on Wednesday signed a contract with a private consortium for the construction of Area A of the Unified Grand Central Station (UGCS) or the common station which is located between SM North Edsa and Trinoma in Quezon City.

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INDUSTRY UPDATES

Men too face Sexual Harassment at Workplace

SUNGAI PETANI, Feb 14 (Bernama) - Men too have been recorded as being victims of sexual harassment at the workplace, said Women, Family and Community Development Deputy Minister, Hannah Yeoh.

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INDUSTRY UPDATES

LHDN launches eProcurement System, Suppliers' Portal

CYBERJAYA, Feb 13 (Bernama) - The Inland Revenue Board (LHDN) has launched the eProcurement (eP) system and the Suppliers’ portal as a continuous effort to improve service delivery to suppliers or tenderers dealing with the agency.

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