It is reported that NUG will start selling the Spring Valor condominium rooms today at 10 p.m. Myanmar standard time as a revolutionary fund.
The End of Dictatorship (EOD), which is in charge of obtaining the NUG revolutionary fund, announced that the Spring Valor condominium project will be constructed by confiscating land No.(106) owned by the military on Kaba Aye Pagoda Road.
The EOD announced on Jan. 19 that more than 300 pre-ordered apartments already have been sold although they would be started selling today.
The Spring Valor Condominium project has four room types, 70 studio rooms, 100 1-bedroom rooms, 240 2-bedroom rooms, and 360 3-bedroom rooms.
The EOD urges the people to make efforts to acquire the funds needed for the revolution.
Buyers must pay 40 percent of the condo value in three installments within three months from the start date of sale, by April 20, 2023, and the remaining 60 percent must be paid after the revolution period.
In a press conference last Jan.15, Minister of Planning, Finance, and Investment U Tint Tun Naing said that the National Unity Government can only guarantee that buyers will be able to benefit only if the revolution succeeds.