Gahwamansaseong Jeonggwan Town, Real Buyers Smile with '10-Year-Old Sale Prices'

- Praised for Affordable Sale Price Compared to Surrounding Market, Own a Home with Actual Move-in Cost of 45 Million KRW

‘Gahwa Mansaseong Jeonggwan Town,’ currently being sold in Jeonggwan New Town, has closed its subscription and announced the winners amid strong interest from many actual buyers.

According to Gahwa Construction, the advantage seems to be the lower sale price compared to surrounding market prices. The actual sale price of Gahwa Mansaseong Jeonggwan Town apartments starts from 5.9 million KRW per 3.3㎡. It is analyzed that it gained popularity among real buyers as the so-called ‘price from 10 years ago.’ The contract period for subscription winners will be held for three days from August 11 to 13.

Gahwa Mansaseong Jeonggwan Town is located in Banggok-ri, Jeonggwan-eup, Gijang-gun, Busan Metropolitan City. This apartment was introduced as a ‘sale conversion-type apartment’ that can be rented for five years. The initial move-in began in 2015, and after five years, the sale conversion was completed in 2020. After a total of 560 households underwent sale screening, only 203 households that did not meet the sale conversion qualifications were decided to be sold to the general public.

A sales official said, “It is characterized by a good apartment in Jeonggwan New Town coming out at an affordable sale price. You can move in immediately with just 45 million KRW of the deposit, so there is no need to worry about moving and final payment dates. Moreover, it is an apartment where premium formation can also be expected.”

In fact, the sale price for one 59㎡ (formerly Type 25) apartment starts from around 150 million KRW. It is about 20-30% cheaper than nearby market prices, so future price increases are expected. Since the apartment is already completed, tenants can move in immediately, reducing the burden when operating rental business.

The apartment’s interior layout is also practical. The exclusive indoor area is designed in popular small-to-medium sizes of 59㎡ and 84㎡. Especially, the 59㎡ (formerly Type 25) is designed with a 4-bay structure that allows plenty of sunlight. The kitchen has a practical pantry storage cabinet, and the master bedroom has a dressing room, making it preferred by housewives.

The transportation environment is convenient as well. It has excellent accessibility with Jeonggwan~Centum Urban Expressway, Busan~Ulsan Expressway, and Dongmyeon~Jangan Expressway. In particular, the opening of the Donghae Nambu Line ‘Ilgwang Station’ and the opening of the Busan Outer Ring Expressway Nopo Junction to Gijang Ilgwang IC have significantly reduced travel time to and from the city.

Residents can enjoy a pleasant natural environment at Sodubang Park in front of the complex and the nearby Jwagwangcheon Riverside Park, and conveniently commute to Banggok Elementary School, Jungang Middle School, and Jeonggwan High School nearby. Commercial facilities such as CGV cinema, hospitals, banks, and Homeplus in the central commercial area of Jeonggwan New Town are also close.

In Gijang-gun, Busan, a total of 31 billion KRW is being invested to create ‘Aqua Dream Park’ in the Education Happiness Town. Therefore, once the Edu Park and the comprehensive sports stadium are completed in the future, living conditions are expected to become even more pleasant.

The sales office for Gahwa Mansaseong Jeonggwan Town is located at Jeonggwan Town Apartment Building 102, Unit 101. Related information and inquiries are available through the website and the main phone number.