With real estate in Jamaica booming, a number of cities in the region have attracted some of the world’s most coveted real estate.
Here are the most expensive real estate developments in the country and where they are located:1.
Jamaica’s Central Coast – Punta Cana, JamaicaA new development is coming to the city’s Central Beach in Jamaica’s Punta Cañada, and it could make a significant impact on the island’s real estate market.
The property is a new condominium tower with luxury amenities for more than 1,000 residents.
It is being built by the private development company Arenting and Development.2.
Punta Amigos-Brisbane, AustraliaIn Australia, the largest city in the state of Queensland, it is not uncommon to see luxury apartments for sale in the city of Brisbane, as the country’s largest real estate developer, JLR Realty, is looking to expand its property portfolio.
The Punta-Amigos project will be located on the west side of the city, near the Queensland State Library.3.
South Africa’s Durban – The Green Mountain, South AfricaThe Green Mountain project is a residential, retail and entertainment development that will be built on a 40-acre site, including a shopping mall and a hotel.
It will include retail space and apartments on the property, along with office space and a luxury hotel.4.
Jamaica City – Pompanics, JamaicaThe development, which will include a boutique hotel, will include an upscale residential complex with a retail and a restaurant.
The project will also include a fitness center, community space and office space.5.
The Maldives – MaldivesThe Maldives, one of the most impoverished countries in the world, has long been a hot property destination for developers.
It has been in the news recently for its high cost of living and corruption scandals.
With the Maldives being a major city, it could have a big impact on property prices in the area.6.
The Philippines – Manila, PhilippinesOne of the biggest real estate markets in the Philippines, Manila is one of South America’s most expensive cities.
The city has a population of about 20 million, but the average price per square foot in Manila has increased by about 20 percent in the last decade, according to Zillow.
The company said the price of real estate is rising in Manila because of rising housing costs.7.
New Zealand’s Waikato Islands – Whangarei, New ZealandThe Whangareni project is the biggest development project in the Pacific island nation.
The 5-acre project includes a hotel, residential units, a grocery store and an office building.8.
Australia’s Central Queensland – Pate, AustraliaThe Pate project will include three residential towers, two hotels, a leisure center and offices for the project.
It comes as the Australian government is investing in infrastructure and improving the quality of life in the nation.9.
Hong Kong – Hong KongThe property of the former chief executive of KPMG, Sir Christopher Wren, is set to rise on the Hong Kong Island.
The developer is building a $5 billion development on a former airport site.10.
The Bahamas – BarbadosThe Bahamas is a hot real estate property market, and the Bahamas has seen the largest price increase in the past decade.
In 2012, the average property price increased by 17 percent.
The price of property is set at $1.5 billion, which is nearly double the average in 2014.