Guyana is planning thousands of social homes to address a backlog of up to 78,000 housing applications, with significant implications for the Caribbean’s construction and mortgage markets.

Guyana has become one of the world’s fastest-growing economies on the back of offshore oil. Jamaica cannot copy it, but the lessons for land, wealth and housing are real.

Speaking in Georgetown, Prime Minister Andrew Holness said Jamaica and Guyana will explore housing collaboration on labour and construction technology, naming skills shortages and slow approvals as Jamaica’s biggest constraints.

Jamaica’s Prime Minister signals a regional shift in housing delivery as the island faces a critical shortage of construction workers needed to build 42,000 homes.

Guyana’s housing ministry has committed to clearing its house lot backlog and building 40,000 new homes over five years, but a titles processing crisis has left 28,000 families unable to secure mortgages or begin construction on already-allocated land.

GEORGETOWN, Guyana — Guyana’s government has received 268 expressions of interest from contractors for a programme to build 40,000 homes over five…

GEORGETOWN, Guyana — Guyana’s Ministry of Housing is negotiating to acquire about 15 acres at Cane Grove, Region Four, to create a…

Guyana’s housing ministry spent over half its 2025 annual budget by June but delivered only 265 completed homes, exposing a delivery gap that critics say reflects systemic failures in planning, procurement and land title processing rather than a shortage of resources.

A 22-storey luxury residential tower is under construction in Georgetown, Guyana, designed by an internationally recognised architect and built by a Colombian construction firm in partnership with Roraima Airways, signalling a new era of urban real estate development driven by oil wealth.

Guyana’s oil-driven boom has pushed Georgetown property prices to levels that are increasingly inaccessible to ordinary workers, while a housing programme backlog of 78,000 applications, infrastructure deficiencies, and land title delays are leaving families priced out of their own country’s prosperity.