Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


$20k grant ‘definitely makes it easier to buy homes sooner’

MEDIA STATEMENT – 25 August 2014


$20k grant ‘definitely makes it easier to buy homes sooner’

- as Jalcon showcases a brand new, efficient housing type at Hobsonville Point -

The $20,000 grant announced by National will definitely make it easier for people to get in to their own homes sooner, says one of Auckland’s biggest residential builders, Jalcon Homes.

At a time when National has promised if re-elected that grants for first-home buyers on modest incomes will be doubled up to $20,000 for a couple buying a newly-built home, Jalcon Homes has also created a new, affordable housing typology at Hobsonville to ensure better use of land.

The imminent release of Jalcon Home’s 39-dwelling ‘Sierra Terraces’ product will contain six 1.5 bedroom, single-level ‘Axis’ homes at $399,000 as well as six two-bedroom, two-storey walk-up apartments at $485,000 each. The development will contain a mix of typologies to provide options for a variety of budgets and needs.

Bruce McKinnon, CEO of Jalcon Homes, says: “This new home style is a new typology for Auckland that has been very successful in Australia. It enables better land utilisation, as we can achieve four homes on a similar area as two would have fitted before, and therefore improve housing affordability.”

“Last year, when the LVR changed, demand all but dried up, but now that it is at 10% and with National’s new announcement, we look forward to satisfying dozens of eager first home buyers, as we have more than 200 registered parties for affordable homes in the new Sierra Terraces precinct.”

Jalcon Homes has to date sold 79 homes at Hobsonville Point, with a further 50 to go onto the market before Christmas, with one quarter of them defined as ‘affordable’ under Government criteria.

ENDS

Jalcon Homes Limited

In 1993 Lindsay Aitken established Jalcon Homes, aiming to build a 100% family-owned company that created beautifully designed architecturally sound homes to accommodate modern living for New Zealand families.

Now based at Laidlaw Business Park on Ormiston Road, East Tamaki, Jalcon Homes is today Auckland’s biggest residential home builder turning over $120 million-$130 million in 2014, and growing: the benchmark for solid, great looking, weather-tight homes.

Over the past 20 years, more than 1,200 families have trusted Jalcon Homes with the construction of their most valuable asset. And, in 2005, at the height of the leaky homes crisis, Jalcon Homes stepped up with a unique 15 Year Weather Tight Warranty to give homeowners peace of mind.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gordon Campbell: On Tiwai Point (And Saying “No” In Greece)

Its hard to see how Rio Tinto’s one month delay in announcing its intentions about the Tiwai Point aluminium smelter is a good sign for (a) the jobs of the workers affected or (b) for the New Zealand taxpayer. More>>

ALSO:

Half Empty: Dairy Product Prices Extend Slide To Six-Year Low

Dairy product prices continued their slide, paced by whole milk power, in the latest GlobalDairyTrade auction, weakening to the lowest level in six years. More>>

ALSO:

Copper Broadband: Regulator Set To Keep Chorus Pricing Largely Unchanged

The Commerce Commission looks likely to settle on a price close to its original decision on what telecommunications network operator Chorus can charge its customers, though it probably won’t backdate any update. More>>

ALSO:

Lower Levy For Safer Cars: ACC Backtracks On Safety Assessments

Dog and Lemon: “The ACC has based the entire levy system on a set of badly flawed data from Monash University. This Monash data is riddled with errors and false assumptions; that’s the real reason for the multiple mistakes in setting ACC levies.” More>>

ALSO:

Fast Track: TPP Negotiations Set To Accelerate, Groser Says

Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month's end, according to Trade Minister Tim Groser. More>>

ALSO:

Floods: Initial Assessment Of Economic Impact

Authorities around the region have compiled an initial impact assessment for the Ministry of Civil Defence, putting the estimated cost of flood recovery at around $120 million... this early estimate includes social, built, and economic costs to business, but doesn’t include costs to the rural sector. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news