News

New housing units, lots for NHT contributors in 3 parishes

Observer Reporter

Wednesday, October 08, 2003    

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FOUR hundred and fifty-six studio units and 614 serviced lots will next Monday be put on the market for National Housing Trust (NHT) contributors in the parishes of St Ann, St James and Trelawny.

In St Ann, 70 serviced lots are being sold in the Belle Aire development located in the district of Dumbarton, six kilometres from Runaway Bay. Also in that parish are 114 lots at Mansfield, a community south-east of Ocho Rios. The lots, in this north coast location, are being sold for $525,000 while those at Belle Aire are being sold at $500,000 and $600,000, depending on their size.

In St James, at Cornwall Court Phase Two, 414 serviced lots, 204 detached studio units and 252 duplex studio units will be offered to NHT contributors. The serviced lots in that location will be sold for $620,000 while duplex units will be offered at $1.2 million and detached units at $1,3 million. Cornwall Court adjoins existing residential communities of Porto Bello and Farm Heights.

Meanwhile, persons who live or work in the parish of Trelawny will be able to apply for 16 serviced lots in the Steelfield Housing Development, which is located near Clark's Town in that parish. The scheme was developed by the Sugar Industry Housing Limited specifically for sugar workers, however, the NHT acquired a specific number for sale to contributors outside of that grouping. Lots are being sold at between $300,000 and $350,000. Infrastructure includes electricity and water supply. Sewerage disposal is by means of septic tanks and absorption pits.

Except in the case of Belle Aire, would-be purchasers will have to factor in closing costs for each property to arrive at the final sum to be paid, the NHT said in a press release yesterday. All applications must be submitted along with a copy of the receipt indicating that the applicant has made the necessary downpayment for the property. This includes the five per cent deposit, closing cost and any difference between the NHT loan amount and the cost of the lot. Unsuccessful applicants will have their money refunded after publication of selectees.

"All sites are in close proximity to shops, schools and a variety of social amenities," the NHT said yesterday.

Applications for the houses and lots will be accepted along with deposits during the week of November 3 to 7.

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