The National Housing Trust (NHT) has given the go-ahead for Prime Development Company to build six upscale townhouses in the exclusive Cherry Gardens area of Kingston, at a cost of J$141.7 million.
Prime Development Company’s contract is for the development of six 3-bedroom townhouses at 2a Mark Way in Cherry Gardens. While the NHT has put the cost to build each unit in the $24-million range, the selling price will be determined when the units go to market in August 2011 (naturally, the price will be based on the market conditions at that time in the future).
The NHT is reportedly participating in this Mark Way housing development as part of its programme of identifying underutilised lands for housing in the corporate area. It is doing it under a joint venture agreement with the National Land Agency. The NHT is currently doing something similar on Paddington Terrace in the Liguanea area.
July 22nd, 2010 at 1:24 pm
Dear sirs,
I was employed with RBTT Bank upto November 23,2010. I would like to contribute the same amount that is the portion from me and the amount the bank use to pay on my behalf.
How would i be qualified for the full benefit of $4.5 mill.
I am currently in the states but will be back home shortly. I just need this information so i can put my funds together.
December 8th, 2010 at 6:16 am
please forward as much info as i am interested.
December 13th, 2010 at 9:15 pm
please five me more information on ypor three bedroom houses.
Lavern
December 25th, 2010 at 7:31 pm
Please furnish me with more information about this development, I’m interested in purchasing one unit
November 26th, 2011 at 6:00 pm
please furnish me information about these i will like to piurchase one unit