75% of Units Sold in $2.1 Billion Kingston Residential Project
1 report, 1 independent
Updated Fri 00:00
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What happened
Island Homes confirmed that 75 per cent of the 119 units at the K2 residential development, a $2.1-billion project, have been sold. Richard Lake, principal director of Island Homes, stated that all units put on the market have been purchased following a recent ribbon-cutting ceremony.
From jamaica-gleaner.com
Why it matters
The high rate of sales indicates strong demand for high-value residential properties in the Kingston 2 area. The complex, which includes studio, one-bedroom, and two-bedroom apartments, is being managed by Island Homes and was built by BYD Construction for developer Sherbourne Limited.
From jamaica-gleaner.com
Who's involved
- KingstonThe location where the K2 residential development is situated
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The entities involved
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Kingston
city in Ontario, Canada
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Kingston Harbour
harbour in Kingston, Jamaica
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