“Most of the applications are not complete or fail to meet requirements,” said U Maung Maung Oo, a former government staff.

The Yangon government has put several plots of land up for sale in Hlaing Thar Yar, Shwe Pyi Thar and Dagon townships as well in Myaung Dagar Industrial Zone in Hmawbi township. The plots of land will be sold at a price fixed by a land price valuation board in Yangon.

Land buyers must start a business on the land within six months of purchase. The land cannot be sold in the first three years.

Application forms were made available to the public at K10,000 each on October 7, 2019.  Over 15,000 application forms were issued. The public has until November 8 to submit their forms, after which the buying process will commence.

“We have selected only complete applications and those who meet the standards and requirements to purchase the land. Most of the applications have misleading information,” said U Maung Maung Oo.

 Yangon mayor U Maung Maung Soe told the media that land sold by the government is guaranteed and will be made available only to those who intend to conduct business. 

Source: https://www.mmtimes.com/news/only-5-land-purchase-applications-yangon-valid-officials.html