The rate VAT on new apartments in multi-unit blocks has been reduced from 13.5% to 9%, effective from October 8, 2025, until December 31, 2030.
Corporation tax relief on new apartment construction (of 10 or more units) introduced
Stamp Duty Refund Scheme extended to December 2030
From January 2026 our office is now located at North Valley Business Centre, Old Mallow Road, Cork.
Our new postal address is: Office 1C, North Valley Business Centre, Old Mallow Road, Cork T23 WN15.
There were 9,235 new dwelling completions in July, August, and September (Q3) 2025, a rise of 4% on the same three months of 2024 (source: CSO).
With the industry operating at near capacity, this is an annualized output of 36,940 units against a predicted requirement of 50,000 units per annum until 2030.
Read more here in the Irish Times article:
The Tender Price Index issued August 2025 shows the annual rate of construction tender price inflation running at an average of 3% for both 2024 and 2025.
Read more here from SCSI:
In December 2025, the SCSI released its latest report on the cost of delivering new apartments and it highlights the increased divergence between delivery cost and affordability.
Read more here from SCSI:
https://scsi.ie/real-costs-of-new-apartment-delivery-2025-report/
In December 2023, the SCSI released its latest report on the cost of delivering new private sector estate housing in Ireland.
Read more here from SCSI:
https://scsi.ie/realcost2023/