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Archive | March, 2009

Wellington Moor – Kingston

30. March 2009

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Selling now – Wellington Moor, a new development located at 31 Wellington Drive, Kingston 6. It offers 618.75 sq. ft super studios finished with porcelain and ceramic floor tiles, washer/dryer, electric water heater, maple shaker style kitchen cabinets, swimming pool and gazebo. Cost - Garden Units – J$10.25M - Ground Floor – J$10.5M - First [...]

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Property Management Course

29. March 2009

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The University of Technology’s Faculty of the Built Environment is inviting applications for a “Property Management Course” which will commence on June 5, 2009. Entry requirements – REDC Certificate plus 1 year of relevant working experience. The closing date for applications is May 1, 2009. For more information, please telephone 876-927-1680 (ext. 2336 / 2254).

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Richmond Development – New Special Price

29. March 2009

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The Richmond Development in St. Ann which offers three and two bedroom gated-community homes at “The Palms”, is currently offering a new special price from a fixed US$ conversion rate of J$76 : US$1. The special price converts to J$14.82M from a US$ list price of US$195K. With this offer, there will be no escalation [...]

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March 28 in Jamaica Real Estate History

28. March 2009

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On this day in Jamaica real estate history March 28, 1973 Ground is broken by Prime Minister Michael Manley and Housing Minister Tony Spaulding for the first phase of a housing development project at McIntyre Lands in Eastern Kingston. The project is expected to provide 437 housing units.

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DBJ Selling The Old Cotton Polyester Textile Plant

26. March 2009

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The Development Bank of Jamaica Ltd. (DBJ) is selling all 21 acres of land (and buildings) that comprise the former site of the Cotton Polyester Textile plant located in Old Harbour, St. Catherine. The recent DBJ ads in the press have stated: The Development Bank of Jamaica Limited invites offers from interested parties to purchase [...]

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4 Bedroom St. Ann House For Sale

23. March 2009

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Situated along the North Coast in St. Ann, the Emerald Valley Lodge is for sale. It is four bedroom, four bathroom spilt level family home with living room, kitchen / breakfast room, front verandah over looking the pool area; together with separate laundry area and store room. Additionally, there is a 2 bedroom income earner, [...]

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Residential Lots In Moorlands Estate, Mandeville

23. March 2009

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Moorland Development Company is offering “well appointed residential lots in Moorlands Estate, Mandeville”. It includes living in a gated community in the cool hills of Mandeville. Lot sizes are approximately half acre. For further information, please telephone 876-963-8047 or 876-625-8047 or 876-350-6531.

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UDC Selling The Forum Hotel Complex

23. March 2009

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The old government-owned Forum Hotel Complex which has been the subject of much agitation and discussion over the past few years is up for sale. Located on ‘back road’, Port Henderson, Portmore, the Urban Development Corporation (UDC) is currently running newspaper ads offering it for sale. Interested persons may collect information packages from: The Corporate [...]

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Jamaica Mortgage Bank Subsidising Some Housing Developments

23. March 2009

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As Jamaica’s housing industry continues to reel from the local and global financial and economic crunch, the Jamaica Mortgage Bank (JMB) is reportedly subsidising housing developments that are priced below J$15M. Several housing developers have reportedly expressed an interest in benefiting from the loan funds, which are to be provided at a concessionary rate of [...]

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Inner-City Homeowners Said To Be Struggling

23. March 2009

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A number of individuals who have benefited from the Inner-City Housing Project (ICHP) are reportedly complaining Jamaica’s on-going financial / economic crisis is making it difficult for them to meet their monthly mortgage obligations at the National Housing Trust (NHT). Data from the NHT shows the following: As at December 2008, the ICHP compliance rate [...]

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