Belfast·LDP Plan Strategy 2035 (adopted 2023)·Page 79·7.1.31
Discount Market Sale Housing Definition
Discount market sale housing is a low-cost home ownership product where new build properties are purchased at a discounted price (typically around 20%) to help low and middle earners enter the property market, with discounts maintained through developer or government retention of a 'golden share'.
Discount market sale housing: A low cost home ownership product where a new build property is purchased at a discounted price. This discount is usually around 20% and the scheme is to help low and middle earners get onto the property ladder. Housing should be genuinely discounted below prevailing market value and, to ensure that such housing remains affordable in perpetuity, a developer or government agency may retain a 'golden share' to ensure that discounts are maintained in future sales.
Source — /Users/richardhill/Documents/planning-arch-project/data/documents/belfast/LDP Plan Strategy 2035 (adopted 2023).pdf