Archive | April, 2009
Another Government Property For Sale – Oceana Hotel Complex
Yet another Jamaica Government-owned property is up for sale by the Urban Development Corporation. The well-known Oceana Hotel Complex located at 2-4 King Street in Downtown Kingston is being advertised for sale by the Corporate Relations & Marketing Department of the Urban Development Corporation. Interested persons may collect information packages from: The Corporate Relations & [...]
Continue reading...Reduction in Stamp Duty & Transfer Tax Likely To Boost Jamaica’s Real Estate Market
27. April 2009
Just last week, the Minister of Finance and the Public Service Audley Shaw announced in Parliament that effective January 1, 2010, stamp duty will be reduced from 4.5% to 3%, and transfer tax from 5% to 4% and it seems very likely that these reductions will help to boost Jamaica’s ailing real estate market. Obviously [...]
Continue reading...Portmore Villas
23. April 2009
The Housing Agency of Jamaica Ltd. is in the process of developing the “Portmore Villas”. Features - Lot size 2,800 sq. ft. - House size approx. 800 sq. ft. - 2 Bedrooms - 1 Bathroom - Covered Porch - Laundry area with tub Cost – J$6.8M For more information, please telephone 968-7522 (ext. 235 or [...]
Continue reading...Prime Land For Sale In North Negril
23. April 2009
The Urban Development Corporation is selling 23 hectares of prime developable land in Ireland Pen, North Negril. As an eco-investment, North Negril offers a wealth of investment opportunities for investors. The Urban Development Corporation is aware of the vast potential and opportunities that North Negril offers and is ready to discuss this opportunity with discerning [...]
Continue reading...Tips on Buying A Home
21. April 2009
Buying a house can be a rewarding experience. Knowing that you have a place to call home that belongs to you and your family is an exhilarating feeling and almost everyone yearns for this. However, purchasing that first house can also be one of the most stressful experiences you will ever have if you do [...]
Continue reading...Where To Live In Clarendon
18. April 2009
Thinking of relocating to Clarendon, Jamaica’s third largest parish? Here are some residential options for you to consider: Twin Palms Estate – A gated community located just off Highway 2000. It is approximately 10 years old and lot prices currently range from J$3.5 million upward, and house/home values range from J$20 million to J$40 million. [...]
Continue reading...Property Tax Pardon For Laid Off Workers
15. April 2009
Workers who have been laid off (made redundant) as well as other persons (including pensioners, persons with disabilities and those with fixed income) who are struggling in the current economic climate, may be eligible for a property-tax waiver that would remove a percentage of the sum owed to the Jamaican Government. This special discretionary relief [...]
Continue reading...Jamaican Government To Implement Urban Renewal Project
13. April 2009
The Government is to implement an Urban Renewal Project this year, funded by the Inter-American Development Bank, which is aimed at improving the quality of life in inner-city communities in Kingston. The project, which falls under the Ministry of Industry, Investment and Commerce has been given $96 million in the 2009/10 Estimates of Expenditure to [...]
Continue reading...Stadium Gardens Phase 2
5. April 2009
If you’re on the market for a house in Kingston that costs under J$10M, Stadium Gardens Phase 2 is coming soon. Located just between the Dental Auxiliary School and the National Indoor Stadium, it will offer 56 townhouse units with the following features: 920 sq. ft with 2 bedrooms and 2 1/2 bathrooms French windows [...]
Continue reading...Where To Live In St. Mary
4. April 2009
The parish of St. Mary is located in the northeast section of Jamaica. It is one of the island’s smallest parishes, with its capital town being Port Maria. If you’re considering relocating and wondering where to live in St. Mary, here are some options to consider. Rio Nuevo – an upscale residential community with house [...]
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27. April 2009
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