11 February 2019
Urban and Housing Development Department is planning to implement Yankin Housing Redevelopment Project on over 89 acres land plot in the township.
223 buildings with 3162 rooms will be constructed under the redevelopment project which is situated on Thitsar road and Anawrahta road, Sayasan road and LanNi Road.
The area covers six wards in the township where the residents are living in 4140 rooms of 286 buildings. These buildings were constructed in 1952 under the Yankin Housing Project.
Yangon Region Minister for Electricity, Industry and Transportation Daw Nilar Kyaw and officials from Yankin Housing Redevelopment Committee on Sunday met with the residents, and explained about the redevelopment project.
Secretary, Yankin Housing Redevelopment Committee, Myint Naing said “This Yankin Housing redevelopment project mainly targets not only to make way for modern housing developments but also to upgrade the living standard of residents from Yankin Township as well as for the socio-economic infrastructure and urban development in the region. We will provide necessary assistance during the project period and now we all are negotiating for the processes with the concerned officials.”
The residents from Yankin Housing Project are civil servants, retired civil servants, ex-serviceman and their families. They welcomed such kind of move but hope for the new buildings to meet the international standards.
Resident, No.1 ward, Yankin Township, Mya Mya Mo said “My father got the apartment in Yanking Housing Project in 1954 and I have been living there for 58 years now. We agreed for this redevelopment project and today I heard that we will get the cash assistance during the project period and it’s really good for us.”
Resident, No.3 ward, Yankin Township, Khin Maung Thaung said “I am retired service personnel, and I have been living here over 40 years. We, residents from the Yankin Housing Apartments, really welcome for redevelopment project since current buildings are very old and need to be repaired and replaced. So, in this new project, the officials need to rebuild in accordance with the current situation. And I am really thankful for those who implement this project for the urban development.”
More than 100 residents from wards (1 to 6) in Yankin Housing Apartments attended the event and asked about what they wanted to know concerning this redevelopment project.