Mr. John Coleman:

If I could respond to that, Cathaoirleach, I think you are absolutely correct. We have to focus on cost management. We have an entire team of QSs in the LDA that do that day in, day out.

The apartment delivery costs out at Shanganagh, as I mentioned, were for about €409,000, on the completed ones. It would be very much in line with or maybe slightly less than the market rates. We compare ourselves to the market all the time. We have good visibility into tenders and prices that are out there in the market and we pay a lot of attention to that.

A couple of other factors and initiatives that we have to manage and moderate costs are that we have standardised the design of our apartments. We have a booklet that we have produced. These things have been designed to within an inch of their lives. We give that to every architect that we engage as a brief and they have been market tested and peer tested.