Developer prices 41 homes at $650,000 for first-home buyers
The backers of a new housing development are aiming to give more first-home buyers a leg-up
Forty-one of the 51 three-bedroom, 117 square metre houses being built at Koru Kāinga in Wainuiomata will be priced well-below market rate at $650,000 and will be available only to first-time buyers.
With the national housing crisis having catapulted Lower Hutt’s median house price above $800,000, developers and sellers have been clamouring to get top dollar for their properties, but Koru Homes founder Adrian Chooi is bucking the trend.
Chooi announced his plans to build a smaller development at the site last year, but has since revised the scale.
Lest we forget...
On this ANZAC Day, let's take a moment to remember and honor the brave men and women who have served and continue to serve our country.
Tell us who are you honouring today. Whether it's a story from the battlefield or a memory of a family member who fought in the war, we'd love you to share your stories below.
What's On: Pen Haven Writers Group
Pen Haven Writers Group
- Petone Community House
Poll: Does the building consent process need to change?
We definitely need homes that are fit to live in but there are often frustrations when it comes to getting consent to modify your own home.
Do you think changes need made to the current process for building consent? Share your thoughts below.
Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.
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91.4% Yes
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8.2% No
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0.4% Other - I'll share below!
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