Capital Development Limited

Capital Development Limited (“Capital Development”) is a leading real estate developer with an extensive list of successful projects in both commercial and residential properties. In addition to its completed development and investment properties, its portfolio includes significant land bank across strategic locations in Yangon and Mandalay. Capital Development was originally founded in 2008. Fostering a culture of value creation through its expertise in development, financing, and management, it has since brought to market more than 2.2 million square feet of best-in-class real estate consisting of high-end and mid-end residential, mixed-used commercial, retail and office properties. Staying true to its core aim of ensuring optimal end-user experience, Capital Development is involved throughout the entire property lifecycle – from the initial ideation and design development to project management and facility management.

Our Projects

Some of the notable completed projects include the following:

Gems Garden Condominium - Yangon

  • Won three titles in Myanmar Property Awards 2016: “Best Residential Development”, “Best Condo Development” and “Best Residential Interior Design”
  • Situated along Insein Road corridor in Hlaing Township, Yangon
  • Four 21-storey towers with 584 residential units
  • Gross Floor Area (GFA): approximately 1,000,000 square feet
  • Completed in 2016

Capital Hypermarket - Yangon

  • One of the largest and busiest neighborhood shopping malls in Yangon
  • Located in Dawbon Township, Yangon
  • Hypermarket, retail shops, F&B and cineplex
  • Total Gross Floor Area (GFA): approximately 186,000 square feet
  • Opened in 2008

Capital Hypermarket - Naypyitaw

  • One of the largest and most popular shopping malls in Nay Pyi Taw
  • Located along the Yarza Thingaha Main Road inside Nay Pyi Taw’s shopping district
  • Hypermarket, retail shops and F&B
  • Total Gross Floor Area (GFA): approximately 111,000 square feet
  • Opened in 2011

Nan Thida Ferry Terminal - Yangon

  • Located at Nan Thida Jetty, Strand Road, Yangon
  • 2-storey ferry terminal and innovation center
  • Total Gross Floor Area (GFA): approximately 30,000 square feet
  • Completed in 2016

Some of the notable on-going projects include the following:

Mandalay Financial Center - Mandalay

  • Mandalay’s first Grade-A commercial tower
  • Located in Mandalay city center on 80th street between 27th & 28th street
  • 16-storey tower with 2-storey basement carpark, consisting of a shopping center up to the 5th storey podium and office tower
  • Total Gross Floor Area (GFA): approximately 237,000 square feet
  • The shopping podium commenced its operations in May 2020
  • The tower is expected to be completed in September 2020

CDSG Corporate Office - Yangon

  • A modern office designed with flexibility, agility, and camaraderie in mind
  • Situated along University Avenue in Yangon’s most prestigious Bahan Township
  • 4-storey office building housing CDSG’s major business units
  • Total Gross Floor Area (GFA): approximately 82,000 square feet
  • Expected to complete in October 2021

Mall of Mandalay - Mandalay

  • A mixed-use development consisting of people-centric/community-based mall and private luxury villas on the adjacent plot
  • Situated along Thate Pan Road within the new commercial district of Mandalay
  • Phase 1: Mall of Mandalay – 5-storey shopping mall, designed to promote social activities, consisting of retail shops, F&B, cineplex, community center, education center and innovation hub
  • Total Gross Floor Area (GFA): approximately 600,000 square feet consisting of both mall and villa components
  • Expected to complete in September 2022

Facts and Figures

Four residential towers with a total GFA of 1,000,000 sqft

Significant land bank across strategic locations in Yangon and Mandalay

Three completed commercial developments with a total GFA of 327,000 sqft

Expertise in design, project management and facility management

Three ongoing developments with a total GFA of 919,000 sqft

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