{"id":3680,"date":"2019-07-18T12:56:03","date_gmt":"2019-07-18T12:56:03","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=3680"},"modified":"2021-06-04T14:33:08","modified_gmt":"2021-06-04T07:33:08","slug":"for-its-future-myanmar-looks-to-the-past","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/for-its-future-myanmar-looks-to-the-past\/","title":{"rendered":"For its future, Myanmar looks to the past"},"content":{"rendered":"<p>As Southeast Asia races toward modernisation, the former British territory known as Burma finds itself reconnecting to its colonial heyday and giving old buildings a 20th-century update<\/p>\n<figure id=\"attachment_3681\" aria-describedby=\"caption-attachment-3681\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-3681\" src=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_408317110.jpg\" alt=\"\" width=\"1000\" height=\"668\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_408317110.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_408317110-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/07\/shutterstock_408317110-768x513.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-3681\" class=\"wp-caption-text\">The colonial-era High Court building in Yangon. Richie Chan\/Shutterstock<\/figcaption><\/figure>\n<p>Skyscrapers and shoots of modernity have not blunted Myanmar\u2019s place in imperial British history. The Southeast Asian is still peppered with heritage buildings and other vestiges of its colonial past, in various states of disuse.<\/p>\n<p>Others have been preserved and restored to their former glory over the last few months.<\/p>\n<p>Take for example the facelift of one of Yangon\u2019s oldest and most cherished colonial-era buildings, The Peninsula Residences Yangon, set to be completed next year. The collection of 96 luxury private homes across 10 acres by Yoma Strategic Holdings Ltd will add to a growing list of colonial-era buildings being renovated to house Yangon\u2019s latest luxury hotels. <span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Last year saw the launch of Yangon Excelsior in the old Steel Brothers company headquarters in Yangon, and the Rosewood Yangon, in the New Law Courts building built in 1927<\/span><span data-contrast=\"none\">.<\/span><span data-contrast=\"none\">\u202f<\/span><\/p>\n<p><a href=\"https:\/\/www.asiapropertyawards.com\/propertyguru-myanmar-property-awards-returns-for-a-fifth-year-with-distinguished-judges-and-diverse-categories\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>More: PropertyGuru Myanmar Property Awards returns for a fifth year with distinguished judges and diverse categories<\/strong><\/a><\/p>\n<p>Then there\u2019s The Pegu Club, former British gentleman\u2019s club and namesake of the storied cocktail drink, now reinvented as a rental space for weddings and other special occasions. The club, which won Best Renovated Property at the 2018 PropertyGuru Myanmar Property Awards, has seven event spaces on offer, including a great hall named after the Prince of Wales, Edward VIII, who famously dined in the club in transit to India.<\/p>\n<p>The developer behind the project, KT Club Development Project Co., is dedicated to \u201cprotecting Myanmar\u2019s cultural identity\u201d by preserving heritage buildings, the company\u2019s executive director Harriet Kyaw Thaung told Property Report. \u201cThe principle which drove the painstaking process [of redeveloping The Pegu Club] is \u2018Lest We Forget\u2019, fuelling our goal of sharing the story of The Pegu Club\u2019s legacy, and its status as a memorial to the chapters of Myanmar\u2019s history.\u201d<\/p>\n<p>Heritage buildings are very much &#8220;part of Yangon\u2019s urban and visual landscape, setting the city\u2019s downtown scene apart from any other city in the world,&#8221; she added. The thrust to hold on to the city\u2019s erstwhile structures derives its propulsive power from Myanmar\u2019s improving tourism trade. Around 3.55 million foreign tourists visited Myanmar last year, a year-on-year rise of 3.15 percent.<\/p>\n<p>As Harriet related: \u201cWe believe each building\u2019s stories and meaning to Myanmar should be preserved for the knowledge and wisdom of future generations.\u201d<\/p>\n<p><em>What projects, historic or otherwise, are worthy of the 2019 PropertyGuru Myanmar Property Awards? Nominate them before 16 August. Find more details here: <a href=\"https:\/\/www.asiapropertyawards.com\/award\/myanmar-property-awards\/\">https:\/\/www.asiapropertyawards.com\/award\/myanmar-property-awards\/<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The former British territory reconnects to its colonial heyday and gives old buildings a 20th-century update\u00a0<\/p>\n","protected":false},"author":8,"featured_media":20182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[101],"tags":[193,192],"class_list":["post-3680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-property-awards","tag-myanmar","tag-yangon","news_country-myanmar","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>For 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