Real estate

REAL ESTATE
AND
BUILDING CONSTRUCTION INDUSTRY
OF MYANMAR
Ministry of Construction, Myanmar
Hlaing Maw Oo (alias) Maw Oo Hock
Deputy Chief Architect / Urban Planner
Public Works / Department of Human Settlement and Housing Development
Ministry of Construction
2014 ICMCI ASIA PACIFIC HUB MEETING Nay Pyi Taw, Myanmar. 28th April 2014

Hlaing Maw Oo (alias) Maw Oo Hock, Deputy Chief Architect / Urban Planner
Public Works / Department of Human Settlement and Housing Development, Ministry of Construction
Building Construction Industry in Myanmar
CLASSIFICATION
OF
BUILDINGS

1.  Assembly

2.  Business

3.  Educational

4.  Factory
and
Industrial

5.  Hazardous

6.  Institutional

7.  Mercantile

8.  Residential

9.  Storage

10. Utility
and
Miscellaneous

Ref:
2012
MYANMAR
NATIONAL
BUILDING
CODE
(Provisional)

MOST
OF
THE
LARGE
SCALE
BUILDINGS
HAD
PREVIOUSLY
BEEN

CONSTRUCTED
BY
THE
PUBLIC
SECTOR,
MAINLY
BY
THE
PUBLIC
WORKS.

Building Airfield
Public Works
Bridge
Department
of

Human
Settlement

and
Housing

Development

Main Public Stakeholder in Building Construction Industry

Before
2011

Construction
and
Maintenance

of
Large
Scale
and
National
Level
Buildings

Building Construction Industry in Myanmar

AAer
2011

Undertaking
and
Regulating
Building
Construction

• 
Professional
Regulatory

Authority
for

Engineering

• 
Professional
Regulatory
Authority
for

Architecture

• 
Myanmar
Engineering
Council
Law
passed

• Myanmar
Architect
Council
Law
in
drafting

and
approval
stage

• Provisional
Myanmar
Building
Codes

issued

• Updating
Analysis
of
Rates

RegulaFng
Building
ConstrucFon

Architectural,
Structural,
Water
and

Sanitation
and
Electrical
Drawings
as
well

as
Construction

carried
out
by
the
Public

Works
.

Architectural,
Structural,
Water
and

Sanitation
and
Electrical
Drawings

prepared
and
issued
by
Public
Works,

however
Construction
Tendering
and

Management
undertaken
by
relevant

Ministries.

Design
Coordination,
Construction

Management
and
Quality
Control

undertaken
by
the
Public
Works

Undertaking
Building
ConstrucFon

The Changing Role of Public Works, Ministry of Construction

Cost
veriﬁcation
and
approval
of
buildings
to
be
constructed

with
the
Government
Budget

Setting,
Controlling
and
Approving
Internationally
acceptable

Standards
and
Speciﬁcations
for
Buildings
to
be
constructed

with
Local
and
Foreign
Investment

Preparing
and
Issuing

Architectural,
Structural,
Water
and

Sanitation
and
Electrical
Drawings
and
Quality
Control
in

construction
of
the
projects
when
assigned
by
the
Government

Regulatory
Body

Designated
Building
Construction
Authority

Envisaged Future in Building Construction Industry

Setting
Standards
and
Regulating

Design Stage
-  Setting and Regulating Building Standards and Specifications
-  Setting Standards and Regulating Building Materials
-  Setting Standards and Regulating Human Resources
Construction Stage
-  Setting Standard Procedures and Regulating Building
Construction
-  Setting Standards and Regulating Safety Measures in
Building Construction
-  Setting Standards and Regulating Human Resources

Pioneering
Modern
Technologies

Technologies for Mass Production
-  From Cast in situ construction method to prefabricating
( precast or factory production)
-  Other Mass Production Technologies
Upgrade to high technology
-  Precast
-  Prestressed
-  Postension
-  etc.
Needs
-  Quality Building Material Provision
-  Technical Knowhow
-  Capacity Building of Human Resources

Public Works
Department
of

Human
Settlement

and
Housing

Development

Main Public Stakeholder in Real Estate and Housing

Low
Income
Middle

income
High

Income
Upper-‐middle
and
high
income

households
live
in
housing
built
by

themselves
or
built
by
the
private

sector
Middle
income
households
often

occupy
formal,
but
low
quality
housing

Low-‐income
households
live
in
slums

and
squatter
settlements,
or
in
low-‐cost

rental
housing;
the
informal
sector
is

the
main
provider
HOUSING
PROVISION
IN
MYANMAR


Traditional
1920-‐1947
1950-‐1970
1980-‐2000
2000-‐2011

Shelter/Space

Local
needs

Colonization

&
Urbanization

Public
Housing

Social
needs

1951

NHB
Act

Market

Orientation
&

PPP
in
Housing

Post-‐Independence

Pre-‐Independent

Lack
of
Housing
Policy
for
Low
income
people
and
Rural
Housing

Un-‐sustainable
Provision
and
Delivery
System
in
Public
Housing

Lack
of
integrated
Land
use
and
Transport
Planning

Satellite
Town

Development

Satellite
Towns
,

Industrial
zones
&

Housing

Development

DHSHD

(1990)

Housing
Department

(1972)
Private
Sector

Participation
in

Housing

Delivery


DHSHD’S

Housing
Delivery

.
Excess housing demand induce
housing price increase.
2013-‐2015
Targeted
Production

Aﬀordable
Housing
20,000

Low
Cost
Housing

3000

Urban
Redevelopment

Housing

9000

Total
Unit
-‐53,816
no.
(1993-‐2012)

TargeFng
on
Low-‐Middle

income
group

•  Expected growth of population from around 60 million to
around 90 million by the year 2040
•  The housing market is expected to grow continuously in
the near future.
•  Increase in housing demand due to
•  increase in per capita income and saving capacity
due to the national development projects and
changing political and economic situation;
•  increase of foreign investment in industrial and
service sectors as well as agricultural mechanization
resulting in more urbanization.

Main Potentials in Housing

•  Size of Main Cities
•  Yangon= 5.9 million
•  Mandalay= 1.5 million
•  Naypyitaw= 0.9 million
•  27 Cities= over 0.1 million
(Urban Poverty rate = 22%)
National Population growth rate=1.3%
Urban population growth rate= 2.9%
Rural urban ratio= 68: 32
Source: UNHabitat, CSO.
Myanmar

Center
of
interest
for

the
international
investor


1553

2580

5466

1255
1488
1747

1067

600

1040

308
495
539
387
124
106

8205

7423
7170

6654

6125

5780
5730

3370
3193

1855
1755
1616

1165

571
365

Urban
Total

(Thousand)

POPULATION OF REGIONS AND STATES
2011-2012
Source:
Immigration
and
Man
Power
Department


PER CAPITA GDP OF REGIONS AND STATES (2012)
MILLION KYATS
1.29

0.86

0.75
0.73

0.63
0.60
0.59
0.58

0.53
0.50

0.45
0.42
0.40

0.24
0.23

0.00

0.20

0.40

0.60

0.80

1.00

1.20

1.40

GDP
per

person

(million
kyat)


Sr.
No.
Particulars
Total Permitted Enterprises
No. US$
Total
(Kyat)
%
1 Construction 60 423.51 733314.00 16.75
2 Power 9 421.88 455383.76 10.40
3 Manufacturing * 644 1534.45 1210989.00 27.66
4 Others 33 578.97 520730.76 11.90
5
Real Estate
Development
35 176.33 148781.96 3.40
6 Transport 24 450.35 399151.18 9.12
7 Liverstock & Fisheries * 61 102.93 26375.46 0.60
8 Mining 52 34.02 13007.92 0.30
9 Hotel and Tourism 40 334.81 568420.04 12.99
10 Industrial Estate 3 80.34 300712.79 6.87
11 Agriculture 5 2.23 547.90 0.01
Total 966 4139.82 4377414.77 100
0

500

1000

1500

2000

MYANMAR CITIZENS INVESTMENT BY
SECTOR AS OF (28/2/2014)
No.

US$

MYANMAR CITIZENS INVESTMENT BY SECTOR AS OF
(28/2/2014)
0

1000

2000

Mar(2011)
August(2013)
February(2014)

Foreign
Investment
in
real
estate

Mar2011,Aug2013,Feb2014

Hotels
&
Tourism
Other
real
Estate

Sr.
No.
Particulars
Existing Enterprises
No. of
Enterprises
Approved
Amount (US$ in
million)
Percentage(
%)
1 Power 7 19284.43 42.52
2 Oil and Gas 115 14372.272 31.69
3 Manufacturing 317 3736.29 8.24
4 Mining 69 2862.424 6.31
5 Hotel and Tourism 51 1797.921 3.96
6 Real Estate 22 1229.150 2.71
7 Transport & Communication 18 1217.016 2.68
8 Livestock & Fisheries 28 365.974 0.81
9 Agriculture 13 203.02 0.45
10 Industrial Estate 3 193.113 0.43
11 Other Services 15 54.39 0.12
12 Construction 2 37.767 0.08
Total 660 45353.78 100
0

100

200

300

400
Power

Manufac
Mining

Hotel

Real

Transpor
Livestock

Agricultu
Industria
Other

Construc
FOREIGN
INVESTIMENT
OF
EXISTING

ENTERPRISES
AS
OF
(28/2/2014)

(BY
SECTOR)

No.
of

Enterprises

Foreign Investment of Existing Enterprises as of
(28/2/2014) (BY SECTOR)
FDI
IN
REAL
ESTATE
SECTOR

THE DEVELOPMENT STRATEGY OF
CONCENTRATED DECENTRALIZATION

Capital City
(Administrative, Transport & Logistic Hub )
Secondary Regional Growth center
Other Growth center
Town with more then 50000 inhabitants
Main Corridor
Emerging Corridor
Major Communication Axis
National Economic Growth Centre
(SEZ, Port, Int. Airport, Trading, Financial )
National Spatial Development Plan
Public Works / Department of Human Settlement and Housing Development,

Means and Areas for Housing Development in Yangon
As an increase of around one million households is expected in the next 30
years, there is an annual need of around 25000 housing units and housing
plots. This is proposed to be implemented through -
§  Densification of unpopulated residential areas;
§  Upgrading of Housing Estates: upgrading of government owned and public
housing estates, densification through additional storeys in the upgrading projects
(e.g. Yankin Shwe Ohnpin Housing Estate);
§  Old Satellite Towns Redevelopment: with the location of South Okkalapa, North
Okkalapa and Thaketa townships becoming central, efficient utilization of existing
buildings and increase of building storeys to achieve densification;
§  New Satellite Town Redevelopment: Densification through mid-rise housing estate
development in unpopulated wards of Dagon Newtown, Shwe Pyithar and Hlaing
Thayar townships.
§  Water Front Development: Urban regeneration and land readjustment in
Botahtaung, near Botahtaung Pagoda, Dawbon (Pazundaung Creek), Dagon Seikkan
and Thaketa.
DHSHD,
MOC

Myanmar-Vietnam Cultural and
Commercial Center
Five Star Hotel
Commercial Center
Office Building
Service Apartment
8 ha of Land
300 million USD, 100% FDI
•  OPPORTUNITIES OUTLOOK
•  HOTEL
•  SERVICE APARTMENT
•  RESIDENTIAL HOUSING
•  CONDOMINIUM
•  AFFORDABLE HOUSING
•  COMMERCIAL COMPLEX
•  BANK
•  SHOPPING COMPLEX
•  AMUSEMENT PARK

Housing Estate Redevelopment Scheme

Old Housing Estates (DHSHD)
10 Housing Estates in Yangon (450 acres)
3 Housing Estates in Mandalay
29 Housing Estates in Other Cities
Redevelopment Program through PPP
Proposed
redevelopment
project
at

Botataung
Housing
in
CBD

Proposed
redevelopment
project

at

Shwegon
Housing

Government Rental Housing for Government Servants
Capital cities - 2000- 2500 units /years (average)
Government Budget

Rental Housing Scheme in Regions and States

Myanmar Business Investment Summit 2013.AAM

Housing Estate Redevelopment Scheme

U
Wizara,
Dagon

51th
Street,
Botataung

Pyinmapin,
Mingaladon

Gyogone,
Insein

Pyitawthit,
Pazuntaung

Yankin

Shwegondine,
Bahan

Kantawkalay,

Mingalataungnyunt

Wayluwun,
Sanchaung

Thuwuna

•  Public
Rental
Housing
Estates

• 
10
Housing
Estates
in
Yangon

(450
acres)

• 

3
Housing
Estates
in
Mandalay

• 

29
Housing
Estates
in
Other
CiCes

•  Redevelopment

with

the
parCcipaCon
of
private
sector.

•  Mixed
development
for
residenCal
and
commercial
to
uClize
scarce
and
valuable
land

eﬀecCvely.

•  2013-‐2015
,
10,000
housing
units
are
planned
to
produce.

PLANNED
HOUSING
PROVISION
OF
DHSHD

Type
of
Housing

Project

(no)

Unit(no)
LocaCon

Low
Cost

Housing

7
11868

Shwe
Lin
Pan,

Hlaing
Tharyar

Mingalardone,

DagonSeikkan

Dagon
East

Aﬀordable

Housing

7
26142

Pilot
Project(19600)-‐

Dagon
Seikkan

Hlaing
tharyar,
Dagon

South

Shwe
Pyi
Thar

PPP
Project
(DHSHD)

Type
of
Housing

Project

(no)

Unit(no)
LocaCon

Estate

Redevelopment

(PPP)

2

632

3529

Link
Road

Botahtaung
housing

COMMERCIAL

350000
sq
ft

181440
sq
ft

Other
(PPP)

30

7

407

Mingalartaungnyunt

Botahtaung
Timesquare

Hletan,
Thanlyin,others,

CBD

Total

42578

HOUSING
PROJECT
IMPLEMENTING
AND
PLANNING

by
DHSHD
&
YCDC
THROUGH
PPP(2013-‐2015)

HOUSING
PROJECT
DEVELOPED
BY
YCDC
(2013-‐2015)

50,000
Housing
Units
Production

• School
• Sports Ground and Recreation Places
•  Market and Commercial
•  Bus Terminal with Commercial Shops
•  Car Parking
•  Clinic, Police Station, Fire Station etc.
•  Physical Infra
•  Waste water Treatment
1.  Area – 220 Acres
(89.03 Ha.)
2.  Parcels – 11 Nos.
3.  Buildings – 49 Nos.
4.  Floors – 18 Storeys
5.  Units/Bldg – 400 Nos.
6.  Total Units – 19600 Nos.
7.  Unit Area – 600 sft
8.  HH size – 4.5 p /hh
9.  Population – 88200 p.
Ayeyarwun and Yadanar Housing Project
25

(1)  4U
8S
Apartment
Building

-‐

(
5
)
nos

(2)  4U
9S
Condominium
Buildin
-‐

(
6
)
nos

(3)  1U
4S
Showroom&
Oﬃce

-‐

(
5
)
nos

(4)  3
Storeyed

Admin
Building

-‐

(
1
)
nos

Total
417
housing
and
Shophouse
units

Total
Floor
Area

-‐
528310
sq.ft

Satetara
Mahi
Estate
Redevelopment
Project,
Mandalay

62’ ~ 78’ Area
< AMS 190’ Area
Building Height Allowed
Shwe
Dagon
Pagoda

Conservation
Zone
1

62’
~
78’
Area

Shwe
Dagon
Pagoda

Conservation
Zone
2

<AMS
190’
Area

I m p o r t a n t V i s t a s t o w a r d s
S h w e D a g o n P a g o d a
YANGON Down Town Urban Heritage Zones
YANGON Down Town Urban Heritage Zone (1)

A r o u n d C B D
YANGON LAND USE & BUILDING HEIGHT ZONING PLAN
Waterfront Special Development Zone

Zoning Regulations Township wise and
Along Major Roads

LAWS
RELEVANT
TO
INVESTMENT
IN

BUILDING
AND
HOUSING
DEVELOPMENT

THE
FOREIGN
INVESTMENT
LAW

(THE
PYIDAUNGSU
HLUTTAW

LAW
NO
21/2012)

2nd
November,
2012

MYANMAR
INVESTMENT
COMMISSION
NOTIFICATION
NO.

1/2013

Nay
Pyi
Taw
(31st
January,
2013)

• Classiﬁcation
of
Types
of
Economic
Activities

• List
of
Economic
Activities
under
Prohibition

• List
of
Economic
Activities
to
be
allowed
only
in
the
form
of
Joint

Venture
with
Myanmar
Citizens


MYANMAR
INVESTMENT
COMMISSION
NOTIFICATION
NO.
1/2013

Nay
Pyi
Taw
(31st
January,
2013)

With
the
Recommendation
of
the
Ministry
of
Construction

• Establishment
of
international
standard
golf
courses
and
resorts

• Establishment,
sales
and
lease
of
residential
apartments
/
condominiums

• Construction
and
sales
of
office
/
commercial
buildings

• Establishment,
sales
and
lease
of
residential
apartments
in
residential

areas
connected
to
industrial
zones

• Establishment
of
affordable
housing

• List
of
Economic
Activities
Permitted
with
the
recommendation
of
the

Ministry
of
Construction

• Construction
/
renovation
and
lease
of
office
/
commercial
buildings


§  Under-supply of an appropriate Residential and Commercial property
§  Shortage in High Quality Development (quality offices, apartments,
hotels, and retail spaces are all in short supply)
§  Undergoing rapid transformation, including inflow of international
investment
§  Significant demand for Land and quality space in Yangon
§  Developers are focusing on high-end projects in Yangon
§  Strive for changes of Quality in the Real Estate Market
§  Need for enactment of Legal framework for property market
development
Driving
Demand
for
Quality


THANK YOU
FOR YOUR KIND ATTENTION
Hlaing Maw Oo (alias) Maw Oo Hock
Deputy Chief Architect / Urban Planner
Public Works / Department of Human Settlement and Housing Development

Real estate

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