Gangnam Apartment Race Begins! Jungang Construction's 'Sinbanpo Jungang Heights'

Amid Rising Inquiries for New Apartments Due to Supply Concerns Following Real Estate Policy Announcement, Attention on 29 Units for General Sale with Resale Allowed

The eventful year of 2019 has passed, and the new year 2020 has dawned. The real estate market is also welcoming a new beginning, with Jungang Construction's 'Sinbanpo Jungang Heights,' scheduled to break ground in 2020, becoming a hot topic. It is expected to bring a fresh breeze to the newly built apartment market in the Gangnam area, which has been in a wait-and-see mode following real estate measures.

As a new apartment offered at a price lower than the surrounding market prices, the sales promotion center of Sinbanpo Jungang Heights is attracting numerous crowds from weekday mornings. Advance reservations for visiting the model house have reached dozens, and the enthusiasm remains strong even after the government's real estate measures were announced.

A sales official explained, "Due to the government's real estate policies and loan regulations, mainly financially capable customers will be interested," adding, "The market response is more positive than expected."

This apartment is highly praised for securing the best location. Nearby are NewCore Outlet and Kim's Club, and it is close to Banpo Hangang Park and Gangnam St. Mary's Hospital. Banwon Elementary School is located around the complex, and Bancho Middle School, Banpo High School, and Sehwa High School are within walking distance, providing excellent educational conditions. The surrounding environment is free from harmful factors, and a high-quality academy district is also established nearby. Excellent transportation conditions are another advantage. The apartment is developed around Express Bus Terminal Station, Banpo Station, and Jamwon Station, and is adjacent to Banpo Bridge, Hannam Bridge, and Banpo IC, earning a reputation as the transportation hub of Gangnam.

Offering a high-end hotel-style residential space also draws attention. Essential home appliances are provided as free options, and a pantry is prepared for each household in the basement. With a total of 29 units available for resale and no subscription required, the investment value is excellent.

The sales method of Sinbanpo Jungang Heights is a first-come, first-served unit designation system. The site is located at 71-9 Jamwon-dong, Seocho-gu, and the sales promotion center is set up on the 1st floor of the Parkland Building, 601 Eonju-ro, Gangnam-gu.