Qualified applicants to draw lots for Thilawa and Kanaung Housings

The qualified applicants who have deposited the set amount at the Construction, Housing and Infrastructure Development Bank (CHID) are entitled to draw lots to buy apartment units of Thilawa and Kanaung affordable housing complexes on 21 June 2024, the Department of Urban and Housing Development notified.
There are a total of 2,189 prospective applicants who have a deposit of K3 million at the CHID Bank.
A total of 380 apartment units from 11 buildings of Thilawa and Kanaung affordable housing complexes developed by the Department of Urban and Housing Development under the Ministry of Construction in Yangon Region will be sold this month under home loans with low interest rate, the department notified.
There are 463 applicants for 150 apartment units in three five-storey buildings, with each floor having 12 rooms in the Kanaung housing complex. The drawing lots system will be practised in order to follow the CHID Bank’s list.
There are 55 applicants for 80 units of two five-storey buildings in the Thilawa housing complex, with each floor having eight rooms. All of them are allowed to draw lots to buy them. Moreover, 33 more applicants for 90 units of three five-story buildings in the Thilawa housing complex with six rooms on each floor are entitled to draw lots. Additionally, 194 individuals applied to buy 60 apartment units in three five-story buildings with four rooms per floor, and 60 of them were allowed to draw lots according to the list ordered by the CHID Bank.
The drawing lot event will be held at 10 am on 21 June at the meeting hall on the second floor of the department located at No 228/234, Bogyoke Aung San Road, Botahtaung Township.
The applicants or their authorized representatives can attend the event to draw lots. The representative must provide an authorization letter and identification of the applicant entitled to draw lots. All the attendees must present their citizenship scrutiny cards and arrive on time at 9:30 am.
Those prospective buyers will receive a notification letter to review the bank loan amount. They can still take it out by 28 June. They must contact the CHID Bank before 12 July. Failure to do so will cause the loss of the chance to buy the apartment units. — NN/EM