Sangsters Jamaica Real Estate
JAMAICA REAL ESTATE NEWS
Sangsters Jamaica Real Estate |
JAMAICA REAL ESTATE NEWS |
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Lee-Chin
makes Forbes billionaires edition again Founder and Chairman of Canadian mutual fund company AIC, Michael Lee-Chin appears on this month's front cover of Forbes' Billionaires Edition coming in at 618 with an estimated net worth of US$1.6 billion. The list is still headed by Microsoft founder, Bill Gates, who at 51 has an estimated net worth of US$56 billion. . . . (Full Story March 23, 2007) |
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Kent
and Victoria enter partnership Kent Reliance Building Society has signed up the first third party client for its Indian based subsidiary, Easiprocess. . . . (Full Story March 19, 2007)
VMBS
offers 100% financing |
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Mortgages
and freedom of contract Mortgages of land play a crucial role in the commercial life of the country. They enable access by citizens, whether individual or corporate, to obtain long-term financing for the purpose of acquiring homes, office buildings and land generally, while at the same time providing financial institutions with a properly secured investment option, guaranteeing over time a return on their money.. . . (Full Story March 14, 2007) |
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Mortgage
rate rivalry heats up - Not a price war, says VMBS Jamaica's two largest mortgage providers are now neck to neck on rates, both looking to corner new markets by offering 12.99 per cent 'sales' on home loans as new real estate developments from Negril to Kingston enter the market. . . . (Full Story March 14, 2007) |
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Life
of Jamaica adjusts mortgage rate Life of Jamaica has slashed a percentage point off its mortgage loan rates for first time borrowers, the first rate cut in three years, in an attempt to grab a bigger market slice. . . . (Full Story February 28, 2007) |
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FirstCaribbean
grows mortgage portfolio, claims new market FirstCaribbean International Building Society (FCIBS) has vaulted its rival Scotia Jamaica Building Society to claim the third spot in the mortgage market by snatching business from the two top players and clinching joint venture deals with upscale condominium developments such as the Palmyra and Goldeneye. . . . (Full Story February 21, 2007) |
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Why
the Rich Keep Getting Richer Rich people: fortunate, lucky, selfish, and arrogant? Or highly educated, caring, brilliant individuals? Becoming rich isn’t hard, but it does require a bit of time and knowledge. Having time to get rich, educating oneself, and buying assets are the three key factors in attaining untold wealth. . . . (Full Story February 28, 2007) |
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National
Housing Trust partly responsible for housing price hike The experts might not know enough about economics to make a complete assessment of the situation in the housing market. The fact is that the availability of credit at lower rates of interest does stimulate demand. . . . (Full Story February 25, 2007) |
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Is
Cash Plus turning Jamaican investors barmy? The investment entity Cash Plus has driven Jamaican investors into a paroxysm of frenzy with people queuing up with their hard-earned Jamaican dollars in the hope of making a 10 per cent return per month. . . . (Full Story February 23, 2007) |
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The
Caribbean is fraught with business opportunities - Lee-Chin "The Caribbean is fraught with business opportunities yet there is a dearth of equity capital in the region." So said the Chairman of the NCB Group, Michael Lee-Chin, speaking at NCB Capital Markets Corporate Finance Seminar titled "Accessing the Capital Markets". The seminar was held at the Terra Nova Hotel, Kingston on Wednesday evening. . . . (Full Story September 23, 2005) |
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Owning
a home in Jamaica through NHT Thousands of Jamaican expatriates overseas have not yet bought a home even though they want to do so, but many find it difficult to meet the cost. The National Housing Trust however offers a way to become a property owner. . . . (Full Story August 8, 2005) |
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MoBay
financial firm eyes Kingston Businessman Everton Lewis, will, in September open a branch of his E W Lewis Investment and Finance at the New Kingston Shopping Centre, the first step by this Montego Bay-based investment firm to spread out across Jamaica. Another branch is being planned for May Pen early next year. . . . (Full Story August 31, 2005) |
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Venezuela
and Jamaica Sign Oil Agreement Venezuela will supply 21,000 barrels of oil daily to Jamaica under preferential conditions as of next September, according to a bilateral accord reached during the visit by Venezuelan President Hugo Chavez to the Caribbean island nation . . . (Full Story August 25, 2005) |
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Lower
tax for 60% of land parcels Owners of over 60 per cent of all parcels of land in Jamaica will see a net reduction in property tax once the new tax regime, announced this month by the finance minister, Dr Omar Davies, is implemented. . . (Full Story May 01, 2005) |
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Those
who are blessed have a higher responsibility Says AIC's Lee-Chin "Those who are blessed - who are born in countries that equip them with confidence and experiences that foster growth - have a higher responsibility to those less fortunate," Michael Lee-Chin, Chair and CEO, AIC Limited, told participants today at the annual Business & Society Conference held by the University of Toronto's Rotman School of Management. . . (Full Story April 08, 2005) |
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