The Limerick auctioneer already has over 90 names on a waiting list for 56 homes that have just got planning permission
A LIMERICK auctioneer already has over 90 names on a waiting list for 56 homes that have just got planning permission from the council.
Jana Developments was granted their application for a mix of three and four bedroom semi-detached houses at Ros Mor and Derrynane estate, Kilmallock Road, Crossagalla at the end of January.
Lisa Kearney, of Rooney Auctioneers, said the numbers of interested parties have been going up and up.
“We have a full list of over 90 people. People who missed out on the last phase would have left their names with us and it has been building and building since we announced the next phase,” said Ms Kearney.
Demand is so high in Ros Mor that they couldn’t even let people view a showhome last year.
“Last year, we tried to finish out a showhouse but that was bought before we could even get it finished,” said Ms Kearney.
“There is massive, massive, massive demand for houses. We can’t drill it home enough. There is a serious lack of supply of houses,” she continued. The majority of people on her list are young, first-time buyers.
“All the people on the list will receive an email of the new brochure and prices when we have details. They usually ring, we meet them up there, we go through the properties with them and they buy one,” said Ms Kearney.
The builder hopes to break ground as soon as possible with Rooney’s hoping to launch the new development in March / April. The auctioneers hope that the first number of houses will be completed between July and September.
“There are more new houses coming on stream in 2018 but there needs to be more. There is huge demand. We need to get more developers, we need to get more properties on the market. It is still not really cost effective for developers. If they changed the VAT from 13.5 to 9% it would certainly lend a big boost and that would get back in a lot more [developers].”