Nama has sold more than 370 acres of residential land in Kildare, but houses aren't being built on all of it

County Kildare was one of the biggest providers of residential zoned land that has been sold by Nama since the asset management agency came to Ireland in 2009.

370 acres of land in Kildare have been sold up to now, making it the fourth most profitable county for Nama, but it lags someway behind Meath, Dublin and Cork in terms of the amount of acres sold.

Cork was by far the highest providers of land, with Nama disposing over 1,500 acres of land in the area since their formation more than seven years ago. There was just under 1,100 acres sold in Dublin in that time, while Meath is the third highest with 931 acres disposed of. In total, 5,601 acres have been sold nationwide.

Residential housing cannot be built on all of this land however, despite the housing crisis. Finance Minister Michael Noonan explained why there hasn't been a massive surge in building in such areas.

"In some cases, development of the sold lands remains unviable for commercial, planning and infrastructural reasons," he said.