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Property Developer To Use Structural Insulated Panels To Build Cheaper Houses In Jamaica

31. March 2011

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A property development company, Magwall Jamaica, has fast-tracked the use of structural insulated panels (SIPs) when building houses, a technique that will reportedly deliver homes to Jamaicans at less than half the typical going rate, and take a much shorter length of time than it takes to build a traditional house using steel and blocks. […]

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Jamaica Real Estate Market Becoming Buyers Market?

24. July 2009

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Is Jamaica’s real estate market becoming a buyers market? According to an article in today’s Jamaica Gleaner newspaper, it is, and properties are now staying on the market longer and buyers can, in some locations, cherry pick for bargains. More here.

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Mortgage Rates Jump In 2009 Quarter 1

21. June 2009

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The Bank of Jamaica (BOJ) recently published its Quarterly Monetary Policy Report for the three months ending March 31, 2009, and it indicates that the weighted average lending rate on mortgages jumped from 7.57% at the end of December 2008, to 9.64% for the quarter ending March 31, 2009. Not a good sign for Jamaica’s […]

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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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Jamaica’s Property Market Finally Bottoming Out?

22. March 2009

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Is Jamaica’s property market finally bottoming? Are the obviously outrageous prices that were seemingly the norm for the past five years on their way down? This may very well be the case. The downturn in global economies and likewise with Jamaica’s economy seems to be impacting Jamaican real estate developers in 2009. Here’s what’s been […]

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Where To Live In Westmoreland?

24. February 2009

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Living abroad and considering relocating to Westmoreland, Jamaica? Tired of the hustle and bustle of Kingston city and want to move to a rural area – somewhere like Westmoreland? Situated on the south-western end of the island between St. Elizabeth and Hanover, but also bordering with St. James to the north, Westmoreland is the is […]

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