EVEN as the Jamaican construction industry enjoys a boom, real estate developers and financiers are concerned that this demand and supply of properties could soon wane as inflation and global supply chain challenges drive up input cost.

With this in mind, some stakeholders are taking a cautious approach to new development projects as they weigh current costs to build against the price the market is willing to pay. This was one of the focal points of a recent MoneyMasters Limited webinar, under the theme ‘The Construction Industry Amid Current Challenges: Improving Efficiency for 2022’.

https://www.jamaicaobserver.com/news/real-estate-developers-urged-to-do-costing_244649