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Despite the 'Corona Recession'... Growing Interest in 'Prime Sales' in Daegu and Incheon

Ssangyong Construction Launches 'Ssangyong The Platinum Beomeo' in Suseong-gu, Daegu
Hyundai Construction Offers 'Hillstate Songdo The Sky' in Incheon

[Asia Economy Reporter Moon Jiwon] Amid the economic freeze caused by the spread of the novel coronavirus infection (COVID-19), some popular complexes are still showing high subscription results.


According to the industry on the 23rd, Ssangyong Construction's 'Ssangyong The Platinum Haeundae,' supplied on the 17th in Jung-dong, Haeundae-gu, Busan, attracted 19,928 applicants for a total of 88 units, recording an average competition rate of 226.45 to 1. The highest competition rate was 380.05 to 1.


In Gwacheon, 'Gwacheon Jade Xi,' which received first-priority subscriptions on the 3rd, recorded a high competition rate of an average of 193 to 1 and a maximum of 785 to 1. In Daegu, the protagonist of last year's housing price boom, 'Cheongna Hills Xi,' which received first-priority subscription applications on the 4th, showed an average subscription rate of 141 to 1 and a maximum of 433 to 1.


Although the real estate market remains unstable, popular areas with high demand compared to supply are experiencing intensified 'concentration phenomena.'


An industry official explained, "In the spring sales market, which is about to start in earnest, central sales in the region are expected, so demanders' interest is expected to focus."


Despite the 'Corona Recession'... Growing Interest in 'Prime Sales' in Daegu and Incheon Daegu Suseong-gu 'Ssangyong The Platinum Beomeo'

Ssangyong Construction will introduce 'Ssangyong The Platinum Beomeo' in Suseong-gu, Daegu next month. This complex, located at 480-25 Beomeo-dong, Suseong-gu, consists of three buildings ranging from five basement floors to a maximum of 39 floors above ground, with a total of 292 units including 207 apartments and 85 officetels in a residential-commercial complex.


Targeting family demand in the prestigious school district of Suseong-gu, all units are composed of exclusive areas of 84㎡.


It is located in the immediate vicinity of Beomeo Station on Daegu Subway Line 2, and KTX Dongdaegu Station is also within a 2 km radius, providing excellent transportation conditions. Financial, medical, administrative, and legal professional infrastructures at Beomeo Intersection, as well as commercial areas such as E-Mart and Shinsegae Department Store, are also nearby.


Hyundai Construction will sell 'Hillstate Songdo The Sky' in Songdo-dong, known as the Gangnam of Incheon, later this month. This complex consists of six buildings ranging from five basement floors to a maximum of 59 floors above ground (including one officetel building), with a total of 1,525 units including 1,205 apartments with exclusive areas of 84 to 175㎡ and 320 officetel units with exclusive areas of 59㎡.


It is a station area directly connected to the International Business District Station on Incheon Subway Line 1. Nearby commercial facilities include Costco Songdo and Hyundai Premium Outlet Songdo. Educational facilities such as Chadwick Songdo International School, POSCO Autonomous Private High School, and Incheon Science and Arts Gifted School are abundant.


Lotte Construction plans to sell 'Le El Sinbanpo,' a 280-unit complex rebuilt from Sinbanpo 14th in Jamwon-dong, Seocho-gu, later this month. The supply scale is from three basement floors to a maximum of 34 floors above ground, with 67 units available for general sale.


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