The Ministry of Construction has announced the formation of a management committee to oversee the implementation of regulations under the Condominium Law 2016 and Condominium Rules 2017.
In the announcement on January 5, the ministry said the management committee will register new and existing property developments that meet the definitions of condominiums in the country and registration offices have been set up in 12 regions and states, including Nay Pyi Taw.
“So far, some 40 developers have come forward to register condominiums,” said U Myo Myint Oo general secretary of the Myanmar Construction Entrepreneurs Association and also member of the Yangon Region Condominium Management Committee.
