Construction of 100 houses at Palmyra to be completed within 1 month

The construction of the 100 three-bedroom flat homes at the Palmyra Housing Development in East Berbice–Corentyne is expected to be finished within one month, according to Housing Minister Collin Croal on Friday during a visit to the site.

He was accompanied by Regional Chairman Junior Bassant, Regional Executive Officer (REO) Narindra Persaud, Central Housing and Planning Authority’s (CH&PA) Regional Housing Officer Diyaiyyih Dwarka and engineers.
The Palmyra scheme will feature approximately 1000 residential lots. As part of this initiative, 100 three-bedroom flat homes are currently being built. Of these, about 20 have already been completed, while the remaining units are between 80 and 90 per cent finished and will be finished within one month.
Each unit, inclusive of the land, carries a value of approximately $13.5 million. About 50 per cent of the homes have already been allocated to beneficiaries, who are expected to sign their Agreements of Sale in the coming week, allowing them to secure bank financing.
In addition to these three-bedroom homes, construction has commenced on 100 Young Professional flat houses within a separate section of the scheme. These units are currently at the foundation stage and are part of the Government’s broader housing drive to meet the needs of various Berbicians.
This initiative at Palmyra is a clear demonstration of the Government’s commitment to transforming housing delivery across Guyana – ensuring that more families not only acquire land but also secure a complete place to call home.

In the Palmyra scheme, significant infrastructure works are also underway to support the development, representing an investment of over $6.5 billion in the first phase, including roads, electrical and pipe networks. The homeowners will receive water from the newly established Sheet Anchor Water Treatment Plant.
Minister Croal also reaffirmed the Government commitment to its manifesto target of delivering 40,000 housing units nationwide from 2025 to 2030.
To accelerate construction and increase efficiency, the Ministry recently invited contractors to submit expressions of interest for modular housing designs in all administrative regions.