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August 08, 2020

MCDC to launch fourth sales of Mya Yee Nandar housing units

The fourth sales of the Mya Yee Nandar Housing will be launched in August in Mandalay. Photo: supplied
The fourth sales of the Mya Yee Nandar Housing will be launched in August in Mandalay. Photo: Supplied

The fourth sales of Mya Yee Nandar affordable housing complexes will be launched in August by lucky draw system to enable those who were not lucky enough in the previous sales to win the draws. The launch will be on 10, 11, 12 and 13 August at Mandalay City Hall. “This time we would not invite the new applicants to purchase Mya Yee Nandar housing apartments. However, we will allow those who have participated in but not won the lucky draws in the third sales to try again in this 4th sales,” said U Kyaw Hsan Myint, a member of Mandalay City Development Committee (MCDC).
A total of 3,495 people were unlucky in the third time selling of Mya Yee Nandar affordable housing apartments to those who are civil staff, retired service personnel, private companies’ staff and the general public. This time, a total of 492 flats will be sold and the lucky draw system will be conducted in a transparent manner. Those who get permission to purchase the apartments need to deposit K3 million in advance before they choose the room number also by the lucky draw system. The apartments measure 661 square feet and the price is set according to the level of the floor. Ground floor units cost K26.7 million, first-floor units K24.7 million, second-floor units K22.6 million, third-floor units K21.6 million, fourth-floor units K20.6 million, and fifth-floor units K19.5 million inclusive of three-per cent commercial tax. —May Thet Htar (Translated by Hay Mar)

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