Construction BUSINESS

Housing

Almost 1,000 homes planned for Dundrum hospital site under scaled-down scheme

Plans for almost 1,000 social and affordable homes at the Central Mental Hospital in Dundrum, south Dublin, have been lodged with An Bord Pleanála by the Land Development Agency (LDA).

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Level of debt taken on by Approved Housing Bodies too high, Oireachtas will hear

The level of debt being taken on by Approved Housing Bodies (AHBs) is too high, with organisations unable to take on more borrowing to fund their role in meeting accommodation

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Plans for 190 apartments on Monahan Rd in Cork

Plans for 190 apartments in a complex ranging from one to 12 storeys high have been lodged for a site in Cork’s south docklands. The Tiznow Property Company, part of

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Cork GAA cleared to lodge ‘fast track’ plans for residential development on GAA lands

The way is now clear for the debt-laden Cork County GAA Board to lodge ‘fast track’ plans to An Bord Pleanala for 309 residential units planned for Cork GAA lands.

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Court of Appeal dismisses businessman’s appeals relating to Naas property case

  The Court of Appeal has dismissed a businessman’s appeals in a case where he sought to assert a beneficial interest in the former home of himself and his ex-wife

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The number of residential commencement notices lodged in Ireland in 2021 was above pre-pandemic levels, according to a new report from Deloitte.

  Deloitte Ireland’s latest Real Estate Planning & Development Statistics report shows that commencement notices were lodged on 24,304 units in 2021, in residential schemes comprising more than 20 units.

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Developers cast doubt over Dublin City Council’s housing targets

Major developers have cast doubt over Dublin City Council’s housing targets, calling into question the potential to deliver the scale of new homes needed to tackle the housing crisis. Developers

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Land deals of close to €650m struck in 2021 – report

Land deals to the value of €648 million were transacted in 2021, representing growth of 11% on the previous year, a report from property consultants Savills Ireland concluded. Demand for

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Focus Ireland calls for ‘generation rent’ to be saved amid poorly regulated rental sector

Focus Ireland has called for ‘generation rent’ to be saved as Ireland has been cited as one of the most poorly regulated rental sectors in western Europe. Dr Richard Waldron,

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Homes for Clontarf, contactless now king for consumers, and lab-grown chicken put to the test

Up to 5,000 new homes could be built on the grounds of Clontarf Golf Club if the 75-acre site is rezoned for residential purposes, and if members of the club

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New system of grants for Mica homeowners considered

A new system of calculating grants for Mica homeowners will be considered by Government as a controversial sliding scale looks set to be dropped. The Cabinet last year approved an

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Construction activity growth speeds up on improved demand

Growth in the Irish construction sector accelerated at the start of the year as the impact of the Omicron wave of Covid-19 subsided and demand rose. This is according to

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SEAI site ‘overwhelmed’ after retrofit scheme announced

The Minister for the Environment, Climate and Communications said he believes there is huge public interest in the Government retrofitting plan and the SEAI website was “overwhelmed” with public interest

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Are there really lots of vacant high-end apartments in Dublin?

A narrative has taken hold in certain quarters in the housing crisis that says scores of apartments in high-end build-to-rent (BTR) schemes are being left vacant by their developers, who

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Labour and material shortage may impact retrofit scheme

The Government’s push to get hundreds of thousands of homes retrofitted has become more urgent, as the cost of fuel rises and the clock ticks down on climate action targets.

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Killiney planning: ‘There is no way housing built on that strip of land would help solve the crisis’

There is a steady stream of walkers and cars passing along Vico Road, Ireland’s answer to Italy’s Amalfi Coast, on an overcast but pleasant afternoon on Wednesday. People stop to

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Housing Minister Darragh O’Brien admits house prices will continue to rise in 2022

Darragh O’Brien has admitted house prices will continue to rise this year. The Minister for Housing has conceded that the crisis in housing, which is seeing Generation Rent trapped in

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Home Building Finance Ireland doubled loan approvals in 2021

The state agency established to fund delivery of new homes more than doubled loan approvals to €835m in 2021. It was up 111% on the €395m approved by the end

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How everything is different for today’s first-time buyers

You might be someone in your late 20s, 30s or 40s who’s still living with parents, wondering how they managed to get a secure home and you can’t. You might

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Ireland is building more apartments than ever but failing to meet home building targets

A quarter of all new homes completed in Ireland in 2021 were apartments according to new data from the Central Statistics Office (CSO). This is the highest proportion ever recorded

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‘No silver bullet’ to reduce house prices warns Minister

The Minister for Housing has said that increasing housing supply alone will not be enough to reduce prices. Speaking at the launch of the second quarterly progress report on the

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Housing for All: Q4 2021 Progress Report published

The government today published the second quarterly update on progress of the implementation of Housing for All. It shows significant progress towards the government’s plan to increase the supply of

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Inflation, not supply, is real issue in Irish housing market, says mortgage broker

While lack of supply is often cited as the main issue in the Irish housing market, a mortgage broker has said the real issue is inflation and that this will

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NATIONAL CONSTRUCTION SUMMIT – 3rd March 2022 – Sport Ireland Campus, Blanchardstown

Join over 2000 Delegates at the 6th Annual National Construction Summit. The 6th Annual National Construction Summit is being held

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New Dublin development plan set to restrict the construction of Build to Rent apartments

THE NEW DUBLIN City Development plan is set to restrict the construction of new Build to Rent (BTR) developments in

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Time for reality check on State’s capacity to build social housing

One interpretation of the 2020 general election result and Sinn Féin’s subsequent rise in opinion polls is that the electorate

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Residential property deals up almost 19% last year

The number of residential property transactions increased by almost 19% to 44,110 in the 12 months to October 2021, according

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House prices forecast to rise by 5% as supply struggles to meet demand

Property prices are expected to rise by about 5 per cent this year as supply shortages, pent-up demand and pandemic

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Traveller housing scheme planned for next to Cork’s Spring Lane site

    Traveller housing scheme planned for next to Cork’s Spring Lane site

Funding approval had been obtained from the Department of Housing for a group housing scheme at the adjoining Ellis’s Yard

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Plan to build social housing in Limerick faces fresh uncertainty over funding

    Plan to build social housing in Limerick faces fresh uncertainty over funding

An examiner appointed to a construction firm that has been building a planned social housing development in Limerick has so

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Irish residential properties bets big on rentals

    Irish residential properties bets big on rentals

Irish Residential Properties Reit (Ires) yesterday announced the latest expansion in its portfolio on apartments for rent with the acquisition

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Record low of 11,300 homes listed for sale as prospective buyers face increasing prices

    Record low of 11,300 homes listed for sale as prospective buyers face increasing prices

Prospective homebuyers face further difficulties in the housing market with increasing prices and record low supply. According to the latest

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Housebuilder Glenveagh says industry facing ‘extraordinary’ period of rising costs

    Housebuilder Glenveagh says industry facing ‘extraordinary’ period of rising costs

Glenveagh said it generated total revenue in 2021 of €476m, up from €232m in the previous year which was most

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AIB launches new €500m social housing fund

    AIB launches new €500m social housing fund

Bank says money will finance 3,000 new units AIB is launching a new €500 million fund to back the development of

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Devil in detail of redress scheme for mica homeowners

    Devil in detail of redress scheme for mica homeowners

Square-foot caps on rebuilding costs will still leave many property owners out of pocket Homeowners caught up in the mica

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Mica redress scheme finalised after intense talks on increased rates

    Mica redress scheme finalised after intense talks on increased rates

Darragh O’Brien to bring memo to Cabinet on revised scheme for rebuilds in Donegal and Mayo The Government finalised a

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O’Flynn seeks to build 275 homes on Cork’s northside

    O’Flynn seeks to build 275 homes on Cork’s northside

Plans have been submitted for a strategic housing development on the north side of Cork City. O’Flynn Construction wants to

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First-time buyers squeezed out by high prices, lack of stock and competition

    First-time buyers squeezed out by high prices, lack of stock and competition

First-time buyers (FTBs) are being squeezed out of the market for new homes, with cash-rich purchasers and cuckoo funds snapping

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Mica redress: ‘We just want our lives and our homes back’

    Mica redress: ‘We just want our lives and our homes back’

Donegal family, whose house must be demolished, ready for second Dublin protest In Quigley’s Point in Co Donegal, the Noone family has the

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Why hundreds of finished homes lie empty across the country

    Why hundreds of finished homes lie empty across the country

Castle View, a brand-new housing estate with 100 residential units in Lucan, Co Dublin, was completed in May. Pristine and

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No international expertise sought on mica problem

    No international expertise sought on mica problem

The Department of Housing has not engaged with officials in other countries regarding properties afflicted with construction problems involving defects

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Mary Lou McDonald describes affordable housing plan as ‘absolute failure’

    Mary Lou McDonald describes affordable housing plan as ‘absolute failure’

A Government plan to build affordable housing has been described as an “absolute failure” after it emerged only eight homes

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Dublin and Cork have highest average house prices in the country

    Dublin and Cork have highest average house prices in the country

The average price of a house is now almost €24,000 higher than it was a year ago, with the rise

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Students want accommodation shortages declared an ‘emergency’

    Students want accommodation shortages declared an ‘emergency’

DCU criticises Government plans as student housing construction deemed ‘uneconomic’ The Government must declare shortages of student housing and high

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Belief that building more homes will bring down prices ‘a red herring’

    Belief that building more homes will bring down prices ‘a red herring’

Housing conference hears many young people slaves to rent because of mortgage rules A belief that increasing housing supply –

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Home-building potential of Irish wood underlined in new poll

    Home-building potential of Irish wood underlined in new poll

90% of Irish adults who took part in a recent poll don’t know the Irish forest industry produces enough wood

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Minister defends ‘multifaceted’ Housing for All plan

    Minister defends ‘multifaceted’ Housing for All plan

Minister for Housing Darragh O’Brien has defended the Housing for All plan as a “different” and “multifaceted” strategy in which

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Will the government’s ‘Housing For All’ plan finally solve Ireland’s social housing crisis?

    Will the government’s ‘Housing For All’ plan finally solve Ireland’s social housing crisis?

Social housing in Ireland is at crisis levels due to a booming population and a limited supply of residential properties.

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Fixing Celtic Tiger-era building issues ‘to cost at least €365 million’

    Fixing Celtic Tiger-era building issues ‘to cost at least €365 million’

The first submissions to the Government’s working group on defective homes indicate that the cost of remedying Celtic Tiger-era building

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Call for action as Cork awaits first major apartment project in 13 years

    Call for action as Cork awaits first major apartment project in 13 years

Regeneration and rejuvenation of city centre areas will fail to occur without major Government intervention, according to leading figures in

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Ministers set to approve summer economic statement with capital boost for housing

    Ministers set to approve summer economic statement with capital boost for housing

Senior Government ministers are understood to have reached agreement on the summer economic statement, which is now due to be

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Fire defects at Park West apartments in Dublin to cost €5m to fix

    Fire defects at Park West apartments in Dublin to cost €5m to fix

Fire-safety defects estimated to cost more than €5 million to fix have been discovered at a large Celtic Tiger-era apartment

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The cost of building materials rising – what does that mean for Ireland’s housing crisis?

    The cost of building materials rising – what does that mean for Ireland’s housing crisis?

A PERFECT STORM (literally, in some cases) of factors have conspired to turn up the pressure on Ireland’s housebuilders. Building

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CU Greener Homes scheme a one stop solution for home energy efficiency upgrades, credit union members will have warmer, more comfortable homes

    CU Greener Homes scheme  a one stop solution for home energy efficiency upgrades,  credit union members will have warmer, more comfortable homes

Motivated by comfort and warmth as well as energy savings, homeowners across Ireland are looking to invest in home improvements

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Softer Rise in Construction Activity Amid Storm Disruption

    Softer Rise in Construction Activity Amid Storm Disruption

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted

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Interest Rates – Irish Paying €82k More on €300K Mortgage Over 30 Years

    Interest Rates – Irish Paying €82k More on €300K Mortgage Over 30 Years

Commenting on the Central Bank report on retail interest rates for December, Brokers Ireland said Irish mortgage holders are paying

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Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High

    Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted

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New Dwelling Completions Up 18% in 2019

    New Dwelling Completions Up 18% in 2019

According to the Central Statistics Office (CSO), 6,450 new dwelling completions were recorded in the fourth quarter of 2019, an

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