Yangon, January (24)
The National Unity Government (NUG) put up for sale the Spring Valour Condominium to be built in the military-occupied area, and all the rooms were sold within 18 hours, according to the statement released by the group of End of Dictatorship.
The sale of these condominiums began at 10 pm on January 21, led by the Ministry of Planning, Finance, and Investment of the National Unity Government (NUG).
The sale of Spring Valor Condominium, which has more than 850 units, earned nearly $ 10.35 million (nearly Ks 30,000 lakhs).
The proceeds from the sale of the condominium will be used for NUG’s missions as determined by the Finance Department, said the Deputy Minister of U Min Zeyar Oo, of the Ministry of Planning, Finance, and Investment of the National Unity Government.
NUG will take over the land owned by the military at No. 106 on Yangon’s Kabar Aye Pagoda Road in accordance with the law and build the Spring Valor Condominium.
That land will be granted, and the buyers will have the right to own it proportionally, the EOD said.
In addition, the NUG government will continue with such kinds of projects, so the public is encouraged to support them.
News-Than Lwin Times