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Archive | April 27th, 2009

Another Government Property For Sale – Oceana Hotel Complex

27. April 2009

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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 & [...]

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Reduction in Stamp Duty & Transfer Tax Likely To Boost Jamaica’s Real Estate Market

27. April 2009

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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 [...]

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