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Question

Horizon residential development

Published on: 21 October 2024

Question type: Written

Asked by: Max Andrews

Reference: WQ.345/2024

Answered by: Minister for Treasury and Resources

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WQ.345/2024

WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES

BY DEPUTY M.B. ANDREWS OF ST HELIER NORTH

QUESTION SUBMITTED ON MONDAY 14th OCTOBER 2024

ANSWER TO BE TABLED ON MONDAY 21st OCTOBER 2024

Question

“Following completion of the Horizon residential development, and further to the response to Written Question 98/2024, will the Minister state the number of apartments –

  1. that have been sold;
  2. that remain unsold;
  3. that were sold to first-time buyers; and
  4. that were sold as second homes?”

Answer

  1. As at 17 October 2024, 275 of 280 apartments have been sold.
  2. 5 of 280 apartments are unsold.
  3. At the initial point of sale, 88 apartments were purchased by first-time buyers.
  4. At the initial point of sale, 129 apartments were sold to buy to let investors. Records for re-sales are not maintained.