Built by Narapatisithu in 1196 A.D. It is a solid circular pagoda of the Shwezigon type, but its design is elaborate and unusual. The three lower terraces, which are adorned with terracotta tablets illustrating the Jatakas or Birth Stories of the Buddha, are pentagonal, and at the base on each side, there is a small temple with a square basement enshrining an image of the Buddha.
They are all built on a raised platform enclosed within a wall, and there is an outer circuit wall which is pierced with five gateways. There are some ink inscriptions on the interior walls of the projecting porches.