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Old August 25th, 2019, 08:24 AM
Jangle Jangle is online now
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Default St Thomas poised to go prime in real estate market

The price of property in St Thomas is already trending up, and realtors expect the trajectory to be maintained as major improvements to roads and other developments get under way in the parish that for years has held the title of being ‘forgotten’.

The pending rehabilitation of the 110-kilometre roadway between Harbour View in St Andrew and Port Antonio, Portland, and the launch of construction of the Morant Bay Urban Centre, which will bring commercial activity to the parish and its capital, are feeding demand for real estate and could potentially push up the price of new properties by double-digits, according to realtor Howard Johnson Jr.

The realtor is confident that St Thomas can become another one of Jamaica’s prime real estate areas, given its proximity to the sea and the Norman Manley International Airport and its large acreages of untouched lands.

http://jamaica-gleaner.com/article/b...-estate-market
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