4000 house lots to be available within next 18 months

Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedGov’t to give tax incentives to home buildersNovember 11, 2015In “Business”Gov’t to build 4,000 houses in cohesive communitiesJune 5, 2015In “Business”CHPA wants to repossess large blocks of defaulting developers landsJanuary 16, 2017In “Business” Some 4,000 house lots will be available for purchase from the government within the next 18 months, says Minister of Communities, Ronald Bulkan.According to the Minister, who is quoted on Department of Public Information (DPI), the lots will be given out on a “first come, first served basis”.“So, we are trying to ensure that the system is more robust to ensure greater equity,” Minister Bulkan is quoted as saying.The Minister did not expand on where these house lots will be available and at what cost.However, he noted that the government is going to make it “affordable” for its citizens.Government, through the Central Housing and Planning Authority (CH&PA), had put a pause on the distribution of house lots.Instead, it teamed up with private developers to build houses which are being sold about a price range from $4M to $9M. read more