The average salary of tenants living in Dublin’s docklands rose to €117,095 last year, more than double what it was three years ago as the rental market in the city’s central business district continued to heat up.
Data from Owen Reilly, a docklands-based real estate agency, shows that three-bedroom apartments in the area recorded the most significant percentage rise last year, asking 12 per cent more than in 2017. The average rental price stood at €4,166.
Someone has named the area South Of the Samuel Beckett & O Casey Bridges SOBO..
Ching Chait Kwong (top) and the proposed Dublin Docklands Strategic Development Zone (SDZ)
Ching Chiat Kwong.
He has suits bigger than some of his apartments.
The Government’s Housing Agency wants Dublin City Council to lower its apartment size rules and allow the construction of rental-only “studios” 27 per cent smaller than the current minimum size.
Planning permission has been sought [By Oxley and Ballymore] for the first phase of one of the largest developments planned for Dublin’s docklands under Dublin City Council’s new fast-track planning scheme.
…Oxley is headed up by former Singapore police officer Ching Chiat Kwong, who made his name in Singapore as the “Shoebox King” for developing compact apartments.
Surely there’s some connection between these two stories…Perhaps your readers can shed some light?
Previously: ‘No Party May Appeal To An Bord Pleanála’
Nama chief executive Brendan McDonagh and chairman Frank Daly at the launch of NAMA annual report 2013 in May
Donal O’Donovan, of the Irish Independent, reports:
NAMA is to invest up to €1.8bn to provide high end office space in the Dublin docklands area, the agency’s chief executive Brendan McDonagh said at an event in Dublin.
Infrastructure required by “cash strapped local authorities” and Irish Water is also being paid for by the agency, he said.
In order to plan housing investment the agency, along with the IBF, paid for the ESRI to undertake “serious research” that has established real demand out to 2030, he said.
The Airtricity Dublin Docklands Christmas Festival site at Custom House Quay this morning.
This is no filter FRIDAY.
Thanks Gary Byrne
Harry Crosbie with the first Dublin Docklands Lifetime Achievement award at the Gibson Hotel, Point Village, Dublin.
Olivia Kelly, in The Irish Times, reports:
“A fast-track planning scheme which would allow buildings up to 22 storeys high in Dublin’s docklands has been approved by Dublin City Council. The docklands strategic development zone (SDZ) will give council planners the power to make decisions that could not be appealed to An Bord Pleanála, including the power to grant permission for structures 50 per cent higher than Dublin’s current tallest building.
The public has four weeks to lodge an appeal against the scheme with An Bord Pleanála…