Healing Residential Area Yeongyeong District 'LH New Well City 10-Year Public Rental' Cyber Model House Opens on June 2

-Institution Recommendation/Special Supply on June 15, 1st Priority on June 16, 2nd Priority on June 17
-1,812 Households Largest Complex in Yeongyeong District (Including 1,024 Sale Units) Premium Public Rental Housing

The Daegu-Gyeongbuk Headquarters of Korea Land and Housing Corporation (LH) will open a cyber model house for the Daegu Yeon-gyeong District S-1 Block ‘LH New Well City 10-Year Public Rental’ on the 2nd.

‘LH New Well City 10-Year Public Rental’ is located in the Yeon-gyeong District S-1 Block, which is the closest area to the city center within Yeon-gyeong District. It consists of 788 premium public rental units in small to medium sizes of 59㎡, 74㎡, and 84㎡. Including the 1,024 units already sold, it is the largest complex in Yeon-gyeong District with a total of 1,812 units.

Surrounded by Palgongsan Mountain and with Donghwa Stream flowing through, Yeon-gyeong District is a healing residential area with a pleasant living environment that harmonizes nature and the city. Over 7,500 households, combining detached houses and public housing sites, have either completed moving in or are currently moving in.

With the 4th Ring Road scheduled for full opening in 2021 and growing expectations for the extension of the EXCO Line (tentative name) of Subway Line 3 to Yeon-gyeong District, which is currently undergoing preliminary feasibility studies, ‘LH New Well City 10-Year Public Rental’ is attracting attention as an apartment that will fully enjoy the premium of a self-sufficient city completed in 10 years.

Moreover, ‘LH New Well City 10-Year Public Rental’ is not only praised for its excellent residential environment but also evaluated as superior even compared to private apartments, as a premium public rental that has rarely been seen before.

Natural landscaping and various community facilities within the complex enhance satisfaction with life inside the complex, and as a premium public rental rarely seen before, it boasts floor plans that are even better than those of private apartments.

All units feature a 4Bay layout, and the 74㎡ and 84㎡ types include an alpha room and pantry, allowing for more spacious and practical use of space. The design is upgraded to a more convenient space with a dressing room and a U-shaped kitchen. Additionally, it is a new-concept apartment where residents can control devices through a smartphone app, experiencing cutting-edge IoT services at home.

An LH official stated, “In the case of LH New Well City 10-Year Public Rental, residents can enjoy all the infrastructure of a self-sufficient city and live without worries about money or housing for 10 years. It is expected to be welcomed by tenants who anticipate the increased value of Yeon-gyeong District at the time of sale conversion after 10 years.”

The 10-year public rental is a project managed by LH, so there is no worry about deposit returns. The ratio of deposit to monthly rent can be adjusted according to the tenant’s circumstances, and tenants can terminate the contract and move out at any time without penalty after moving in. Residents can live as if it is their own home for 10 years, and after moving in, they can terminate the contract and move out at any time without penalty. After 10 years, they are given priority purchase rights.

‘LH New Well City 10-Year Public Rental’ will open its cyber model house on June 2, and will recruit tenants through institutional recommendation and special supply on June 15 (Monday), first priority on June 16 (Tuesday), and second priority on June 17 (Wednesday).