Cayman property market split in two

Cayman’s mid-range residential property market has seen both prices and transaction volumes cool in recent years, yet the luxury segment continues to outperform.

That was the view from a panel of experts assembled to discuss the market at the Property Update Forum 2025, organised by the Royal Institution of Chartered Surveyors.

One point that all panellists agreed upon is that Cayman’s property market is clearly divided between the luxury and middle segment, with almost no lower-income, affordable housing. “There are two segments here – luxury and normal,” said Amanda Bodden, senior vice president and head of retail banking at Butterfield Bank and president of the Cayman Islands Bankers Association. For a more complete summary of the story, please see the below link:

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Published on: Oct 04, 2025 01:02 PM