Leasehold apartments with a purchase option, which allow residents to live as if in their own home for 10 years after signing the contract and do not have complicated eligibility requirements like general sales or public rental housing, are gaining attention as a stable housing alternative amid soaring monthly rent prices.
In particular, leasehold apartments with a purchase option provide a home-like living space without any tax burdens such as income tax or acquisition tax.
Many real estate experts also predict steady popularity for leasehold apartments with a purchase option, stating, "In a market fatigued for various reasons, actual demanders currently living in monthly rent housing will turn their attention to leasehold apartments with a purchase option."
Proving this market trend, announcements for contract recruitment for leasehold apartments with a purchase option continue steadily.
One especially notable place is ‘Jungang Heights Premier Hadong.’ Jungang Heights Premier Hadong is a 10-year leasehold private rental apartment and also the first large-scale branded apartment complex in Hadong with 498 households. It is close to major living infrastructure within Hadong-gun and offers various resident services and community facilities, including breakfast provision.
A sales representative for Jungang Heights Premier Hadong said, “There is high interest from local residents. Since the model house opened, many inquiries have been received. The demand types are diverse, including not only for personal residence but also for second houses and moving elderly parents from old homes.”
More detailed information about Jungang Heights Premier Hadong can be obtained by visiting the model house. The model house is located at 208-6 Jeondo-ri, Gojeon-myeon, Hadong-gun, constructed by Dongwoo Development and funded by Woori Asset Trust.
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