News

UDC puts Fairy Hill lots up for sale

Friday, May 19, 2017

Print this page Email A Friend!


KINGSTON, Jamaica – The Urban Development Corporation (UDC) is putting nine service lots in the picturesque Fairy Hill, Portland area up for sale.

The corporation in a release today says that the properties will be sold on a “first come, first serve basis until all lots on offer are sold”. Deadline for applications is Thursday, June 1.

The lots, which include eight residential and one commercial property range in costs from J$2.5 million to J$4.9 million and vary in size from just over 311 square metres in one instance, to over 1,839 square metres in another.

The UDC says the lots are being sold as part of its divestment programme. Application forms are available at its 12 Ocean Boulevard head office in the Corporate Area or on the UDCC's website at www.udcja.com/investments-opportunities.

In the meantime, applicants with completed application forms are being required to also submit a completed monetary offer form for the acquisition of the service lot and an initial deposit of ten per cent of the purchase price of the lot by manager's cheque.

In addition, interested individuals are expected to submit copies of their Tax Registration Number, a valid identification in the form of a passport, national identification card or a driver's license, as well as documentation demonstrating the applicant's ability to complete the purchase from a licensed financial institution.

The UDC manages the Fairy Hill property which covers some 110.69 hectares of land.

ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT