Thomas Gould (Cork North-Central, Sinn Fein)

Is the LDA looking at another site down there for regeneration? If this is the price set by the first deal it has done, it is setting a standard for what apartments are worth.

We also know that the private sector is going to be building apartments there. With the LDA paying €445,000 to Glenveagh, is that not the standard now? The price is going to go one way - up - so we are looking at €500,000 for an apartment in Cork now. That just seems crazy.