Search results for : Residential
Approved residential mortgages continue to decline
Approved residential mortgages continue to decline
Residential mortgage commitments decreased 16 percent from 295 during the final quarter of 2017, to 254 during the first quarter of 2018, according to The Central Bank of The Bahamas Quarterly Statistical Digest for May 2018. Loans for new construction increased a hairline from 95 [...]
The post Approved residential mortgages continue to decline appeared first on The Nassau Guardian.
VAT removed from residential property insurance
VAT removed from residential property insurance
After a call from the insurance sector for government to remove value-added tax (VAT) from residential property insurance, Deputy Prime Minister and Minister of Finance Peter Turnquest revealed yesterday in the government's 2018/2019 budget that it has not only complied with the request from the insurance [...]
The post VAT removed from residential property insurance appeared first on The Nassau G...
Noise Pollution: Concerts, loud public events and other noise in residential and work areas
Noise Pollution: Concerts, loud public events and other noise in residential and work areas
Dear Editor,
Thousands of Bahamians are being physically and psychologically harmed by the environmental impact of noise in the city of Nassau. We are not alone. This is a global problem that is multiplying as a function of the exponential growth of populations within cities and the rapid growth of cities from the 20th century to the present. The World Health Organization (1999) argues that the gr...
BPL ready to grid-tie residential customers who produce renewable energy
Bahamas Power and Light (BPL) issued a press release Monday revealing that the company is beginning in earnest, its grid tying of residential customers with standalone solar and wind generation systems. But at least one customer who supplements his power supply with renewable energy was not completely satisfied with BPL's plans.
BPL said it was ready to fully roll out its Small Scale Renewable Gen...
Children from Residential Homes in Nassau are treated to a Fun-filled Christmas Day in Grand Bahama
Children from Residential Homes in Nassau are treated to a Fun-filled Christmas Day in Grand Bahama
Close to 50 children from various Residential homes in Nassau spent Christmas Day in the Second City, thanks to a partnership between Deputy Prime Minister and Minister of Works & Urban Development, Hon. Philip Davis, Bahamasair and the Ministry of Tourism...
COB signs contract for $100m residential hall
COB signs contract for $100m residential hall
COLLEGE of the Bahamas officials yesterday inked a contract with a local investment management firm for the construction of a near $100m, 1,000 bed on-campus residential hall, something officials said is a "major tool" in helping to further augment the college's transition to university status.
The Damianos Family and Damianos Sotheby’s International Realty Celebrate 75 Years of Redefining Residential Real Estate in The Bahamas
The year was 1945. Oakes Field, the Bahamas’ first airport, had opened a mere five years earlier, World War II had finally come to an end, and The Bahamas was on the precipice of becoming one of the world’s most desirable tourism destinations. It was also during this time that a young man named Nick Damianos decided to enter the business of selling real estate...
New Residential Resort Planned for Grand Bahama
New Residential Resort Planned for Grand Bahama
Announced today is ?Ascot, Grand Bahama,? a new development that has been quietly in the works for the past year...
'Many residential customers owe BEC more than 5,000'
'Many residential customers owe BEC more than 5,000'
There are approximately 20,000 residential consumers whose electricity bills are $5,000 or more, Executive Chairman of the Bahamas Electricity Corporation (BEC) Leslie Miller revealed yesterday.
"Believe it or not, the average homeowner owes BEC in many cases in excess of $5,000," Miller told The Nassau Guardian.
"This is a very, very serious problem. Our accounts receivable is in excess of $130 m...
West New Providence in residential projects upswing
West New Providence in residential projects upswing
At least three residential developments are expected to break ground this year, creating a "magnetic pull" for buyers towards western New Providence, Guardian Business understands.
With The Balmoral project now in its final phase of construction, its president Jason Kinsale announced plans to construct a 16-unit development in West Ridge, consisting of two-bedroom, two-bathroom condos priced at $2...