Failure of 8.4 Measures... Daegu 'Koaru The Live' Subscription Concentration Symptoms

The 8.4 supply plan is causing a concentration of subscription demand in provincial metropolitan cities. This phenomenon emerged as the government's promise to build 300,000 housing units in the Seoul metropolitan area ultimately left the supply volume uncertain.

As this policy backfired, more people have been flocking to provincial metropolitan cities. Apartments in the Seoul metropolitan area are mostly older buildings with restricted loans, making it difficult to even consider purchasing, while apartment price increases in metropolitan cities are expected to be more pronounced.

A representative example is the 102-unit "Coaru The Live" officetel complex provided in the Dalseo-gu, Gamsam-dong area near Jukjeon Intersection in Daegu Metropolitan City. "Coaru The Live" near Jukjeon Intersection in Daegu held its subscription in August and proved the strong demand with a highest competition rate of 21 to 1.

The Jukjeon Station "Coaru The Live" officetel offers a preferred exclusive area of 84㎡. Located in the Jukjeon Station area, which boasts the best location within Dalseo-gu, the officetel sales are also expected to be highly competitive.

In particular, it has a double station area location with Daegu Metro Line 2’s Jukjeon Station and Yongsan Station. Additionally, it is close to Dalgubeol-daero, which crosses Daegu east to west, and the Jungbu Inland Expressway (Seongseo IC), Yongsan-ro, and Waryong-ro, which connect north to south, making travel within and outside the city convenient.

Moreover, the area around Jukjeon Intersection where the officetel is located has recently seen the development of high-end residential-commercial complexes, which is expected to add significant premium value. Development benefits such as the completion of the KTX West Daegu Station and the relocation of the Daegu City Hall new building are also anticipated, increasing future value. Nearby are major industrial complexes including Seongseo Industrial Complex, West Daegu General Industrial Complex, and Dyeing Industrial Complex.

Nearby living infrastructure is well established with Homeplus Seongseo Branch, Hanaro Mart, and Seonam New Market, and administrative institutions such as the Daegu District Court Western Branch and Daegu District Prosecutors' Office Western Branch are also adjacent.

Meanwhile, the model house for Jukjeon Station Coaru The Live officetel is located in Gamsam-dong, Dalseo-gu, Daegu. Due to concerns about COVID-19 infection, visits to the model house are by reservation only, so it is convenient to make a prior reservation through the website.