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Economy

UDECOTT IN SHAM TENDER FOR POINT FORTIN PROJECT 

THE Government has set out a Request for Proposals (RFP) for a primary Point Fortin project, but sources say a preferred contractor has already been identified. 

Economy

WHO WOULD GET 600 FREE HDC HOUSES?

WHO would get the $100 million worth of free houses from the taxpayer-owned Housing Development Corporation (HDC)?

Economy

WHO BUILT $M HDC HOUSES ON SAND?

There may be a rough analogy to the construction of a large Housing Development Corporation (HDC) project at Old Arima Road, D’Abadie on a weak foundation.

An exhaustive report by the engineering firm CEP Ltd. uncovered several structural weaknesses, including unsuitable soil, construction cracks, a high water table, and other significant irregularities.

Uncategorized

$100 M SCANDAL AT HDC TRESTRAIL PROJECT

A SHOCKING Housing Development Corporation (HDC) report has revealed major structural defects on a key townhouse project in Arima.

The widespread collapse of the flagship Trestrail Development housing project at Arima Old Road would set back taxpayers by at least $100 million, housing experts have confirmed.

Business Consumer Affairs

REAL ESTATE SECTOR REOPENS TO CRISIS

As the industry reopens after the Covid-19 shutdown, Trinidad and Tobago is in the midst of a mortgage market crisis, confirmed by the Central Bank and by agents in the sector.

Home prices have slumped by as much as 30 per cent, and it is a buyers’ market.