Luxury High-Rises for Yangon Riverside

• 1 October 2016
• Local News
• 1405 Views

The Yangon skyline is set for a big change following the announcement of luxury high-rise riverfront development projects in one of city’s most impoverished areas.

The largest is Riverfront Garden, a China-Myanmar joint venture which will develop 13 luxury condominium high-rises along the Hlaing River. Nearby Hlaing Tharyar is the largest township in Yangon and is famous for being the largest squatter area in Myanmar.

Construction on River Garden’s first two 31-storey towers began in July and will provide 1,800 condo units.

Chinese and Vietnamese developers have invested heavily in residential projects in Myanmar’s largest city with US developers expected to follow suit after the recent lifting of trade restrictions.