ST JOHN’S, Antigua — Prime Minister Gaston Browne’s 2026 budget, presented on 4 December 2025, set out a housing programme of several hundred government-built homes alongside a pipeline of large private resort and residential projects.
According to the budget statement, the Central Housing and Planning Authority (CHAPA) is to build at least 120 homes in Bolans, Glanvilles and North Sound, and put in infrastructure for a further 300 land parcels. National Housing is to add another 150 homes. A China-financed project at Booby Alley in St John’s, with 150 units, was due for completion by mid-2026, and China-funded condominium-style homes are planned for Barbuda (50) and Bolans (50).
The statement also said the government would make land available to private contractors and developers on the same concessionary terms given to public housing bodies.
On the private side, the budget listed a One&Only resort at Half Moon Bay (US$465 million, groundbreaking planned for the second quarter of 2026), Nikki Beach Residences (over US$400 million, sales launching in early 2026), a US$40 million Buccaneer Beach project, and a Marriott at Yepton Beach due to open in winter 2027.
Caribbean National Weekly reported that the budget projected a fiscal surplus, with debt at 61.4 per cent of GDP.
What it means
Analysis: Extending public-housing land concessions to private builders could increase the supply of lower-cost homes if developers take it up. At the top of the market, branded residences such as One&Only and Nikki Beach add substantial high-end inventory, some of which is likely to be marketed to citizenship-by-investment buyers.
Editor’s note: This article was added to the Jamaica Homes News archive on 30 September 2026. It reports events from December 2025 and is dated to when they were reported.
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