Category: Reale Estate News

Rein in excitement over Tesla’s solar roof

Electric automaker and renewable energy company Tesla Inc launched its solar roof with combined Powerwall battery system last week, and everyone got very excited. It is an innovative technology that will revolutionise the solar industry, especially as more companies start to produce their own solar roofs. But how excited should we be in Jamaica?At Solar…

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Portmore to get New council building

Portmore to get New council building LOCAL Government and Community Development Minister Desmond McKenzie Wednesday signed a $90-million contract with HDB Construction Limited, to facilitate a modern administrative building for the Portmore Municipal Corporation.The construction of the official municipal building for Portmore was one of the commitments given by Minister McKenzie in his contribution to…

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NHT Nashville St. Mary Application

Live your Dream, At Serene Nashville The National Housing Trust invites qualified contributors living and/or working in St. Mary, to apply for 32 detached two bedroom units at Nashville Phase 2, a housing development just 1km southeast of the Highgate Town Centre. Cool temperatures, lush vegetation and peaceful environs make Nashville a delightful location to…

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85 More Housing Solutions for Longville Park

Prime Minister, the Most Hon. Andrew Holness, broke ground on April 28 for the construction of 85 housing solutions in Phase 2A of the Longville Park Housing Development, in Clarendon. The project, to consist of 43 studio units and 42 serviced lots, will be developed by the National Housing Trust (NHT), at a cost of…

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Keller Williams, has awarded a permit to St Ann-based Meldam Realty

The world’s largest real-estate franchise, Keller Williams, has awarded a permit to St Ann-based Meldam Realty to operate to operate offices in Jamaica under the American-based company’s name. Chief executive officer of Meldam, Rory Marsh, said the company will serve as the regional operating principal of KW Jamaica. Meldam will rebrand into a Keller Williams…

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NHT Properties for sale

NHT Properties for sale Our list of properties includes our Scheme Units that have been completed and are now for sale, as well as our Private Treaty properties that have been previously put to Public Auction and are still up for sale.   View NHT Properties for sale

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Jamaica Property Tax Rates 2017

The value bands and reduced tax rates are now as follows: Values up to $400,000 is $1000 The next $400,001 to $800,000 is 0.50% The next $800,001 to $1,500,000 is 0.55% The next $1,500,001 to $3,000,000 is 0.60% The next $3,000,001 to $4,500,000 is 0.65% The next $4,500,001 to $7,000,000 is 0.70% The next $$7,000,001…

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The Estuary at Friendship Application Results

The Estuary at Friendship Application Results The National Housing Trust is pleased to publish the names of 1425 persons short-listed to be interviewed for loans for units in The Estuary at Friendship scheme in St James. Selectees were short-listed and assigned points based on their years of contribution to the Trust and their incomes. Please…

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NHT Initiatives announced by the Prime Minister in Parliament on March 21, 2017

Housing Delivery By March 2020, the NHT will have started work on approximately 15,000 housing solutions. With the Trust pursuing further public private partnerships, the expectation is that this number will significantly increase. During the first year (2016/2017), the NHT started work on approximately 3,060 solutions; and for the 2017/2018 financial year, the NHT will…

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Finance Minister Says Gov’t Plans to Discontinue Taking Funds from NHT

By Douglas McIntosh + Story Highlights Finance and the Public Service Minister, Hon. Audley Shaw, says the Government plans to discontinue withdrawing funds from the National Housing Trust (NHT) to finance the Budget. “It would have been fiscally irresponsible for us to seek to virtually double the tax package in order to cease taking (drawdowns)…

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