Kingston, Jamaica — 2 January 2026
Financial services group Proven Group Limited has signalled a significant near-term boost to its earnings from real estate activity in Jamaica, with US$61.7 million in closed sales expected from two residential developments in St Ann during the current financial year. The projections, disclosed in the group’s latest financial reporting, underscore the growing role of high-value coastal housing projects in shaping both corporate balance sheets and the wider property market.
The developments — Sol Harbour in Ocho Rios and Bahari Phase One in Runaway Bay — are nearing completion and transitioning from construction to sales and handover. For Jamaica’s real estate sector, the announcement is notable not only for the headline revenue figure, but for what it reveals about buyer demand, pricing thresholds, and the direction of new residential supply.
Development-led earnings and market signals
Sol Harbour is designed as a high-rise residential complex comprising…
