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

 

Budget Policy Statement: Spending Wins Over Tax Cuts; Big Ticket Items Get Boost

Income tax cuts are on hold as the government says “responding to the earthquakes and reducing debt are currently of higher priority”, although election year tax sweeteners remain possible. More>>

ALSO:

Fishy: Is Whitebaiting Sustainable?

The whitebait fry - considered a delicacy by many - are the juveniles of five species of galaxiid, four of which are considered threatened or declining. The SMC asked freshwater experts for their views on the sustainability of the whitebait fishery and whether we're doing enough to monitor the five species of galaxiid that make up whitebait. More>>

ALSO:

Crown Accounts: Smaller-Than-Expected Four-Month Deficit

The New Zealand government's accounts recorded a smaller-than-forecast deficit in the first four months of the fiscal year on a higher-than-expected inflow of corporate and goods and services tax. More>>

ALSO:

On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

ALSO:

Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

ALSO:

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news