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The National Housing Trust (NHT) reportedly recommended abandoning plans to fund Phase Two of the controversial upscale Ruthven Towers project to make way for it to be undertaken by any interested private developer. The recommendation was...
Real estate development plans appeared to have slowed in 2023, based on the number and scope of the approved projects. In total, the Real Estate Board of Jamaica approved 92 residential and commercial developments encompassing 3,296 units, nearly...
Mortgage volumes are on the decline according to the Planning Institute of Jamaica. Meanwhile, the Developers Association is citing an overhang in construction units that are unsold on the market. Housing completions by the National Housing Trust,...
TWO DERELICT buildings in downtown Kingston that partially collapsed during the 5.6 magnitude earthquake that rattled the island three days ago will be demolished on Sunday. “We had posted the relevant notices to give the owners-occupiers 48 hours...
PRESIDENT of the Incorporated Masterbuilders Association of Jamaica (IMAJ) Lenworth Kelly does not believe the Government is treating local contractors fairly, even as he is concerned about a per...