Surbana to help with low-cost, affordable residential projects in Myanmar
It inks MOU with Myanmar building industry body to be latter's lead technical consultant
Singapore
SURBANA International Consultants (Myanmar) on Friday signed a memorandum of understanding (MOU) with the Myanmar Construction Entrepreneurs Association (MCEA) to be the latter's lead technical consultant for low-cost and affordable housing projects in Myanmar.
The signing is timely as the MCEA has been working with the Union Government to meet the demand for low-cost and affordable housing amid rising home ownership in the country, Surbana Jurong said in a press release. The Myanmarese government's five-year plan aims to deliver one million residential units by 2030. Surbana Jurong will thus help the MCEA to develop a low-cost and affordable housing prototype design that focuses on "community, connectivity a…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US existing home sales drop in March; median price increases
German home building permits tumble 18% in February, extending rout
China national who had Singaporeans front plan to buy East Coast houses pleads guilty
Freddie Mac seeks regulatory approval to back home-equity loans
China national fined S$45,000 for having Singaporeans front plan to buy East Coast houses
Condo rents inch up after 7-month decline; volumes recover: SRX, 99.co