Looking for a new home? Here’s what’s coming up
All you need to know about the new builds coming on stream in 2017 and 2018
With autumn upon us one of the busiest property selling seasons of the year is about to kick off. The listing here indicates there’s plenty of activity on the new homes front, but still not nearly enough to address the dire housing shortage. Housing Agency estimates indicate 30,000 new units a year are needed until 2020 based on the existing housing supply, current stock availability and demographic trends, and a quick glance below shows there are still not nearly enough schemes coming on stream.
Of the schemes that are coming to the market the numbers of units involved remain conservative. On the upside there are a few far more ambitious schemes earmarked and underway in large tracts of Dublin and other urban centres, they just won’t be coming to market any time soon. Meanwhile prices are rising at about 10.5per cent annually.
The easing of the Central Bank lending requirement for first time buyers and the introduction of the Help to Buy tax rebate introduced in last Otober’s Budget had a clear and immediate impact on new homes demand, and without question they have acted as a stimulus for the industry. The fact that developers pocketed the lion’s share of the fiscal benefit in the form of increased prices is neither here nor there. The market will always respond accordingly to such interventions.
The worry is that now that the demand side has been incentivised – rightly or wrongly – to buy, the supply side is sorely lagging. Any number of lobby groups and
Castlechurch, Newcastle, Co Dublin
Barina Homes A new development of 70 homes launching today. A mixture of three, four and five bedroom A-rated family homes. Sherry FitzGerald
Stoneleigh, Naas, Co Kildare
Ballymore A new development of about 120 homes launching today. A mixture of two, three and four bedroom houses all with Ballymore’s usual high specification and build quality. Situated beside Craddockstown Golf Club. Auctioneers
Wilkin’s Court, Walkinstown, Dublin 12
Jackie Green Construction A new development in Walkinstown, launching in September. A mixture of two-, three- and four-bed houses, apartments and duplexes.
Sherry FitzGerald The Park at Hansfield, Dublin 15
Alanna Homes A new scheme at Hansfield launching September/October. Mixed development of predominantly three-bed houses.
Bloomfield House, Donnybrook
ments Launching in September/October, a unique restoration development comprising 12 luxury apartments in/around Bloomfield House. Also includes one luxury four-bed house.
Sherry FitzGerald and Felicity Fox Sherry FitzGerald and CME Edward Building Develop-
Ballinahinch, Ashford, Co Wicklow
Ardstone Homes Launching in autumn, a new development of 169 homes, comprising a mix of two-, three-, four- and five-bedroom houses. Sherry FitzGerald
Brighton Wood, Foxrock
Castlethorn A development of three-, four- and five-bed family homes, launching late this year. Sherry FitzGerald
White Pines, Rathfarnham
Ardstone Homes Launching in autumn, a new development of 351 homes, comprising a mix of three-, four- and five-bed contemporary houses. Sherry FitzGerald Ternlee, Kilcoole, Co Wicklow (new development)
Newlyn Construction Launching late this year, a new development of three- and four-bed family homes, nestled in the picturesque village of Kilcoole.
Tivoli Place, Dún Laoghaire
Montane Developments and Elmhill Homes Launching in September, releasing a vested interests for the construction industry will happily set aside half a day to explain why it is neither profitable nor attractive for them to break ground and build new houses.
It essentially boils down to building costs and taxes. They say as long as it is cheaper to buy a second-hand home within range of the urban centre than it is to build, the problem will persist.
In a bid to tackle all this the latest political soundings indicate that the Minister for Housing, Eoghan Murphy, may introduce a new semi-State company that will coordinate and marshal house-building at a national level. The idea would be to bypass the bureaucratic red tape of local authorities and create a new housing corporation, an over-arching developer of State-funded homes if you will, along the lines of Irish Water. (And we all know how smoothly the Irish Water project has clipped along.)
There is no question that the market needs all the help and clear thinking it can get, but wasn’t Simon Coveney’s Rebuilding Ireland policy document meant to be a blueprint for all this? Doesn’t the Housing Finance Agency already raise funding for distribution through local authorities and voluntary housing bodies? Do we really need to push the whole thing out to arm’s length and pay even more people at a remove to look after the issue?
Meanwhile, reports that the Help to Buy scheme may be scrapped in the coming Budget have the potentially counter-intuitive effect of pushing new homes prices up even further as would-be buyers rush into the market to avail of the incentive before it disappears. Not exactly the desired effect and reports this week indicate there may be a rethink of such a policy u-turn.
The New Homes listing here offers a brief outline guide to actual schemes (primarily in the capital and its environs) coming on the market between now and early next year. terrace of five large period-style houses overlooking Royal Terrace Park. Plus one three-bed townhouse remaining behind in Tivoli Place (a restored building).
Hamilton Park, Castleknock
Park Developments Launching in autumn, Bramley Hall apartments. Sherry FitzGerald
Steeple Woods, Carrigrohane, Cork
O’Flynn Construction Launching in late September, a new development of 26 houses, releasing a mixture of detached and semidetached houses.
Kinsale Manor, Kinsale, Co Cork
Gannon Homes lands First phase of 28 three-bed semidetached houses has just been released in the first phase of this stunning new residential development comprising of semidetached and detached houses.
Marina Village Greystones
Bridgedale Launching late this year, first phase of apartments, plus four/five-bed semidetached and detached houses and three-bed townhouses.
Sherry FitzGerald Stanford Park, Westminster Road, Foxrock, Dublin 18
Homeland Projects New development of 15 spacious two-, three- and four-beds in the grounds of Stanford House, a period house also to be refurbished in late autumn.
DNG Camberley Mews, 88-90 Churchtown Road, Churchtown, D14
Homeland Projects Nine two-, three- and four-bed homes in the heart of Churchtown Village due to launch in late autumn.
DNG CastlePark, Whitehall Road, Churchtown, Dublin 14 Developer: B&C Construction Six spacious four-bed semidetached houses of 165sq m/1,776sq ft backing on to Castle Golf Club; viewing in autumn.
Fairbourne, Templeville Park, Templeogue
Valiant Homes Four large detached four-bed houses from 1874sq ft - 192 sq ft within a secure, gated development on Templeville Park. Launching from plans in autumn.
DNG Meadowbrook, Kilgobbin Lane, Stepaside, Dublin 18
Bourke Builders Three exceptionally large four-bed detached houses (c 2,700sq ft over two floors) just off Kilgobbin Road. Show house on site due for completion in late autumn.
Castlefield Court, Clonsilla, Dublin 15
La Vista – Part of the Lynam Homes Group The Castlefield Court development adjoins the existing Castlefield development which the Lynams constructed in the late 1990s. Semidetached and detached three- and four-bed houses.
Maplewood Residential and Broadhaven Credit Partners. There will be 69 spacious three- and four-bed houses located at Ballycullen. Show houses due for launch in late autumn.
DNG Hollybrook at Robswall, Malahide, Co Dublin
Hollybrook Homes There will be 53 two-bed apartments from 947sq ft-1884sq ft (88sq m – 175sq m). Launching end of September, prices to be set. Knight Frank
The Willows, Dunshaughlin, Co Meath
GEM Group New development of 40 three and four bed houses(1,442 sq ft-1,658sq ft). Launching September. Price to be confirmed Joint selling agent: Hooke & MacDonald & Dillon Property Consultants
Eustace Court, Dún Laoghaire
Cosgraves There will be 96 one-, two- and three-bed apartments (613sq ft-1,119sq ft) launching in September. Price to be confirmed. Hooke & MacDonald Martins Close, off Blackhorse Avenue, Dublin 7
Techtus Developments Seven three-bed and three-bed-plus study houses, 103sq m (1,109sq ft)- 130sq m (1,399sq ft) launching September. Prices from ¤500,000
Hooke & MacDonald Dawson Place, Arbour Hill, Dublin 7
Richmond Homes Twenty-five two- and three-bed houses, from 87sq m (936sq ft) - 121sqm (1,331sq ft). Prices not yet set
Hooke & MacDonald Tramyard Exchange, Meath Street, Dublin 8
Salamisso Developments Development of one- and two-bed apartments launching October. Prices not yet set Hooke & MacDonald
Millerstown, Maynooth Road, Kilcock
McGarrell Reilly 150 large three and four bed detached and semi-detached houses beside the Royal Canal. Launching October, prices not yet set Hooke & MacDonald and Coonan New Homes Ardilea Crescent, Heidelberg, Ardilea, Clonskeagh, Dublin 14
O’Malley Construction First block of 24 two- and three-bed apartments. Launching October, prices not yet set
Hooke & MacDonald
Shackleton Park, Lucan
Cairn Homes plc 300 three- and four-bed houses from 112 sq.m (1,206 sq ft) to 165 sq.m (1,775sq ft) Launching October, prices not yet set Hooke & MacDonald
Clairville Lodge, Streamstown Lane, Malahide
Maybury Properties Four- and five-bed semi-detached and detached houses; 34 in total. Due to launch September with prices from ¤700,000 to ¤1,050,000
Savills Clay Farm, Ballyogan Road, Leopardstown, Dublin 18
Park Developments 45-unit scheme of three- and four-bed homes, launching September 16th and 17th, prices from ¤470,000.
Savills Enderly, Cunningham Drive, Dalkey, Co Dublin
Twinlite Eighteen two-, three- and four-bed houses launching October/November from show houses, prices from ¤875,000 to ¤2.5million Savills
Rathborne Park, Ashtown, Dublin 15
Castlethorn Construction Three-bed houses launching September from sales office, priced from ¤310,000 Savills Somerton, Newcastle Road, Lucan, Co Dublin Castlethorn Construction 47 three-, four- and five-bed units launching September 15th, 16th and 17th, priced from ¤320,000
Savills & Leahy Residential
Morehampton Lane, Donnybrook, Dublin 4
Oakmount. Luxury development of four four-bed houses off Herbert Park on Morehampton Lane. Due for completion October, two units available starting from ¤2.1m
Turley Property Advisors
CE Cladewell Estates Eighteen 4/5 bed semi-detached & detached houses on Kinsealy Lane, starting from ¤640,000 JLL
Blackberry Hill, Carrickmines
McGreevy Construction Ten remaining four-bed semi-detached and detached houses on Golf Lane, priced from ¤695,00 JLL
Brambledown, Carrickmines, Dublin 18.
Collaboration Land Six remaining units from 11 large family homes. Prices from €745,000to €785,000 Bergins Le Bas Terrace, Leinster Road, Rathmines, Dublin 6.
Golden Horde Development Three luxury four-bed homes of between 1,884sq ft and 2,045sq ft from ¤950,000
Stokes Property Consultants
Marianella, Rathgar, Dublin 6
Cairn Homes One-, two- and three-bed apartments from 64sq m (689sq ft) to 168sq m (1,808sq ft), three-bed townhouses 155sq m (1,668sq ft), five-bed semi-detached 248 sq m ( 2,669sq ft) Launching October, prices not yet set.
Hooke & MacDonald & Knight Frank Dunluce, Anglesea Road, Ballsbridge, Dublin 4
Blackhall Green Homes Release of 10 two-bed apartments and three-bed penthouses from 90sq m (969sq ft) to 153sq m (1,647sq ft). Prices from ¤775,000.
Hooke & MacDonald and Lisney
Citywest Village, Citywest, Dublin 24
Davy Hickey Launching Sat, September 2nd & Sun 3rd, second phase of 30 houses. A mixture of three bedroom townhouses and semidetached homes. Prices from ¤305,000. Show houses are open from 2pm-4pm.
Millers Glen, Swords
Gannon Homes Launching on Sat, September 2nd and Sun 3rd, releasing further phase at Longview, Millers Glen about 30 units to be released with a varied mixture of three and four-bedroom properties. Prices from ¤310,000-¤455,000. Show houses are open from 2pm-4pm.
Cairn Homes Launching in late autumn, a mixture of three- and four- bed semi-detached and detached houses and bungalows. Sherry FitzGerald
Lansdowne Place, Ballsbridge
Chartered Land Launching in September, next phase of luxury one-, two- and three-bed apartments. Prices from ¤825,000 Sherry FitzGerald and Savills
Millers Court, Ballincollig, Cork
O’Flynn Construction Launching in September, next phase of three- and four-bed semi-detached homes. Sherry FitzGerald
Newlyn Construction Launching in September, next phase of three to five-bed, detached and semidetached homes. Sherry FitzGerald and Kelly Walsh
Above left, Castlechurch, Newcastle, Co Dublin; far left, Camberley Mews, Churchtown, Dublin 14; left, Tramyard Exchange, Meath Street, Dublin 8; below far left, Hansfield Wood, Dublin 15; below, Ardilea Crescent, Clonskeagh, Dublin 14
Old Court Road, Ballycullen, Dublin 24