Property Prices in Kingston, Jamaica
| Index |  |
|---|---|
| Price to Income Ratio: | 9.44 |
| Mortgage as Percentage of Income: | 98.94% |
| Loan Affordability Index: | 1.01 |
| Price to Rent Ratio - City Centre: | 12.85 |
| Price to Rent Ratio - Outside of Centre: | 12.78 |
| Gross Rental Yield (City Centre): | 7.78% |
| Gross Rental Yield (Outside of Centre): | 7.83% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 72,150.00 J$ | |
| Apartment (1 bedroom) Outside of Centre | 40,588.24 J$ | |
| Apartment (3 bedrooms) in City Centre | 169,969.88 J$ | |
| Apartment (3 bedrooms) Outside of Centre | 88,326.82 J$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 21,407.47 J$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 11,499.90 J$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 93,777.78 J$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.58 |
These data are based on 126 entries in the past 18 months from 30 different contributors.
Last update: May 2020
Sources and References
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