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.