Government Land Sales: Around 800 private homes expected from Peck Hay and River Valley sites
CNA • 2026-04-09T15:00:46Z • 2:39:00 • intermediate • Business
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Exciting developments are on the horizon as the government announces new land sales that could significantly boost the housing market. Discover what this means for potential homeowners and developers alike!
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Vocabulary
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residential
/ˌrɛzɪˈdɛnʃəl/
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relating to or consisting of residences or homes.
Example
The city plans to develop more residential units to accommodate its growing population.
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demolished
/dɪˈmɑlɪʃt/
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to completely destroy a building or structure.
Example
The old factory was demolished to make way for new housing developments.
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rejuvenation
/rɪˌdʒuːvəˈneɪʃən/
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the process of making something look or feel younger, fresher, or more lively.
Example
The city council approved a plan for the rejuvenation of the downtown area.
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amenities
/əˈmɛnɪtiz/
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features that provide comfort, convenience, or enjoyment.
Example
The new apartment complex offers various amenities, including a gym and a swimming pool.
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conflicts
/ˈkɒnflɪkts/
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serious disagreements or arguments, often resulting in a struggle or fight.
Example
The ongoing conflicts in the region have affected the local economy significantly.
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bidding
/ˈbɪdɪŋ/
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the act of offering a price for something, especially at an auction.
Example
The bidding for the property was fierce, with several developers competing for it.
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