August 19, 2016

Low-cost flats offered to Shwelinban Industrial Zone workers

UNITS in four recently completed apartment buildings will be sold to workers in the Shwelinban Industrial Zone following the completion of power supply installation, according to the zone’s development committee.
The construction of 18 low-cost buildings for workers is being implemented on government property within the zone in Hlaingthaya Township, Yangon Region, through the collective contributions of factory owners.
Upon completion of the project, a total of 1,080 flats will be sold to workers in the zone, who will be able to pay in instalments, said U Aye Thaung, chairman of Shwelinban Industrial Zone Development Committee.
Each building has 60 units fitted with water and electricity supplies, added the chairman.
“The price per apartment is set at K6.2 million, but the prices of the flats can vary depending on what floors they are on,” he said.
According to the chairman, workers at any of the zone’s factories are eligible to apply for buying the low-cost flats.
“The sale of apartments will be carried out with transparency,” the chairman added.
“I am very interested in these apartments, as rental prices are very high elsewhere,” said U Myint Kyaw, a security guard at a bottled water factory in the industrial zone.
The Shwelinban Industrial Zone was established on an area of 1,100 acres in Hlaingthaya Township and is home to around operational and planned 180 factories. — Thein Ko Lwin


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