Hashtag: #BermudaRealEstate
Column: MP Zane DeSilva On Housing & More
[Opinion column written by MP Zane DeSilva] To some the housing issue is “somebody else’s problem,” but to us, housing is about whether a senior can afford to stay in the home or neighbourhood they helped build. It’s about whether a young family can put down roots instead of bouncing from rental to rental, and it’s about whether every Bermudian... Read more of this article
OBA On Bermuda Housing, Costs & More
“Housing affordability and housing security continue to be among the most pressing issues facing Bermudians,” the OBA said,. An OBA spokesperson said, “The One Bermuda Alliance acknowledges the recent statements by PLP MP Christopher Famous identifying that Bermuda’s housing efforts remain limited in scale and do not fully meet the... Read more of this article
Column: Chris Famous On Housing & More
[Opinion column written by MP Chris Famous] “So it would seem we’ve still got a long, long way to go” Phil Collins The price of progress Recently, the Bermuda Chamber of Commerce [BCC] stated that with the Southampton Princess Hotel set to open next year, it will need a workforce of 500 to 700 individuals for efficient operations. And... Read more of this article
Fritholme Gardens Rebranded As Ocean Hills
Sardis Developments III Ltd., the new owner of the former Fritholme Gardens condominium development, announced the official rebrand of the property as Ocean Hills, which they said is “paying tribute to the estate’s breathtaking views and rolling topography.” A spokesperson said, “The rebrand marks a new chapter for the well-established... Read more of this article
Botelho Wood Selected For Seniors Day Centre
The Government of Bermuda today announced that Botelho Wood Architects has been selected as the design firm for the island’s new Seniors Day Centre, a key initiative arising from the National Seniors Strategy 2024. A Government spokesperson said, “The strategy identified the urgent need to expand access to day services to ensure that Bermuda’s... Read more of this article
Column: Senator Bell On Housing & More
[Opinion column written by PLP Senator Lauren Hayward Bell] Bermuda’s housing crisis is one of the most urgent challenges facing our people. Across the Island, families, seniors, and young Bermudians continue to struggle to find safe, affordable places to live. In the private rental market, affordable options remain scarce and the pace of new construction... Read more of this article
Modular Housing Town Hall Set For Dec 16
The Ministry will host a public town hall meeting on Tuesday [Dec 16] in Sandys to “discuss the proposed installation of modular housing units in the Boaz Island area and to gather feedback from residents.” A Government spokesperson said, “The Ministry of Housing and Municipalities will host a public town hall meeting on Tuesday, 16... Read more of this article
Minister On Govt Housing Initiatives Update
Minister of Housing and Municipalities Zane DeSilva provided an update on the Battery Road Development and the “significant progress being made by this Government’s housing initiatives.” Speaking in the House of Assembly, the Minister said, “This Government continues to give the highest priority to the development of affordable housing... Read more of this article
Minister On BHC Refurbishment Program
The Private Sector Refurbishment Programme offers up to $125,000 in interest-free funding to “refurbish units currently unfit for occupancy, allowing these homes to be restored and added to Bermuda’s affordable rental inventory,” Minister of Housing and Municipalities Zane DeSilva said. Speaking in the House of Assembly on Friday [Dec... Read more of this article
OBA’s De Couto On Land Tax Policy
We welcome this policy change however there are several caveats the public should be aware of, Shadow Minister of Finance Dr. Douglas De Couto said as he responded to the Government’s decision about land tax exemptions and surviving senior spouses. Dr. De Couto said, “Recently, the Government announced that land tax exemptions for surviving spouses... Read more of this article
Video: Minister DeSilva Press Conference
[Updated] Deputy Premier and Minister of Housing and Municipalities Zane DeSilva is holding a press conference this morning [Nov 27] to provide an “update on the Government’s efforts to provide affordable housing.” We will have additional coverage later on and in the meantime the live video is below. Update 6.40pm: Deputy Premier Zane... Read more of this article
Column: Chris Famous On Housing & More
[Opinion column written by MP Chris Famous] “My landlord has given me notice..” “I can’t find any affordable units…” Two sentences that are heard fairly often. Definitely too often for some. The reasons may include the following: Lack of rental payments Sale of property Foreclosure of property Unresolvable issues Need for relatives... Read more of this article
