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

 

Crown Accounts: Government Ekes Out Six-Month Surplus Of $9M

The New Zealand government eked out a tiny surplus in the first six months of the fiscal year as growth in domestic consumption lifted the goods and services tax take, while uncertainties over the Kaikoura earthquake costs meant expenses were less than expected. More>>

ALSO:

Almost 400 Jobs: Shock At Cadbury's Dunedin Factory Closure

Workers at Cadbury in Dunedin are reeling after learning this morning that the iconic Cadbury factory is to close, with the loss of almost 400 jobs... “The company had reported it was doing well and this has come out of the blue,” says Chas. More>>

ALSO:

Transport: Boards Of Inquiry For Auckland Roading Projects

Boards of Inquiry have been appointed to decide on two significant Auckland roading projects in a move which will get a decision by the end of the year, Environment Minister Dr Nick Smith and Conservation Minister Maggie Barry announced today. More>>

ALSO:

Three Months On: Quake Reciovery In Kaikōura And Elsewhere

Three months after the magnitude 7.8 earthquake on 14 November, encouraging recovery progress is being made in affected communities. More>>

ALSO:

Jetstar, Qantas For Govt Transport: Government Still In Talks With Air NZ

The government is still negotiating with national carrier Air New Zealand in a cross-agency air travel contract that will add a number of new airlines to the list of approved flyers. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news