Property Prices in Kingston, Jamaica

Index Info
Price to Income Ratio: 7.91
Mortgage as Percentage of Income: 82.83%
Loan Affordability Index: 1.21
Price to Rent Ratio - City Centre: 10.51
Price to Rent Ratio - Outside of Centre: 12.35
Gross Rental Yield (City Centre): 9.51%
Gross Rental Yield (Outside of Centre): 8.10%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 74,007.63 J$ 45,000.00-146,420.26
Apartment (1 bedroom) Outside of Centre 42,960.93 J$ 20,000.00-102,494.18
Apartment (3 bedrooms) in City Centre 170,081.39 J$ 85,000.00-400,000.00
Apartment (3 bedrooms) Outside of Centre 89,204.50 J$ 50,000.00-240,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 17,733.23 J$ 9,065.62-34,999.71
Price per Square Feet to Buy Apartment Outside of Centre 11,499.90 J$ 7,999.93-14,999.88
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 99,500.00 J$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.58 7.00-10.00

These data are based on 96 entries in the past 18 months from 20 different contributors.
Last update: December 2020

Sources and References
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