- Subscription Savings Account Available to Anyone Over 19 with 6 Months of Contributions
- Forest and School Zone New Apartments with Balloon Effect in Non-Regulated Areas...
On the 23rd, the model house for the Gimhae 'Samgye Samjeong Green Core The Best' apartment was unveiled, bringing a fresh breeze to the local housing market. Despite the pre-booked visit system due to COVID-19, the continuous enthusiastic attendance reflects renewed expectations for new apartments and the balloon effect of the non-regulated area.
This complex is located in Samgye-dong, Gimhae City, consisting of 7 buildings with 28 floors each and a total of 629 units, available in sizes of 60㎡, 73㎡, and 84㎡. The subscription schedule is as follows: special supply on the 28th (Wednesday), first priority on the 29th (Thursday), and second priority on the 30th (Friday). Winners will be announced on November 5th (Thursday), followed by a three-day official contract signing period from November 18th (Wednesday) to 20th (Friday). This complex is a transit-oriented development within walking distance of Gayadae Station and has recently maintained the number one spot among popular apartments in Gyeongsangnam-do on real estate apps such as Apartment Real Transaction Price (Asil), attracting attention.
A Gimhae resident met at the model house said, “I want to live in Samgye-dong, but the jeonse (long-term deposit lease) prices are no joke, and there are hardly any available properties or new apartments I want to live in, so I plan to secure my own home through subscription this time.” Another visitor said, “I heard that if you have a subscription savings account for more than six months, you can apply as first priority, so I came, but there are more people than I expected,” showing concern about winning the lottery.
In fact, this complex has been attracting attention early on as a rare new apartment in Samgye-dong, which is known for many aging complexes despite being a prime residential area.
Not only the market situation but also the brand image of ‘Samjeong Green Core,’ known for well-designed floor plans, seems to play a role. It features a three-sided forest zone, prestigious school district location, a park-type complex with a building-to-land ratio of 16.5%, an average 70m wide open distance between buildings, on-site public daycare centers, a 4-bay design with increased service area, and every unit includes two pantries, a dressing room, and a powder room, all meeting expectations inside and out.
A newlywed couple who left their baby with the wife’s parents said, “We are very satisfied because the public daycare center really stands out as we worry about childcare.” They added that they plan to live here until their children graduate from the well-known Samgye-dong school district, including Sinmyeong Elementary School right in front, Samgye Middle School, Bunseong High School, and Bunseong Girls’ High School.
A real estate agent in Samgye-dong said, “Before the opening of this complex, we received many calls from outsiders, and it definitely seems to be benefiting from the balloon effect of the non-regulated area,” predicting a high subscription competition rate.
Unlike metropolitan cities such as Busan, Samgye-dong in Gimhae is a non-regulated area, so anyone with a subscription savings account for more than six months can apply as first priority. The deposit amounts required are 2 million KRW for residents of Gimhae and Gyeongnam, 3 million KRW for Busan residents, and 2.5 million KRW for Ulsan residents to qualify for first priority. Those who have lived in Gimhae for more than one year are considered local applicants, while those with less than one year in Gimhae or residing in Busan or Ulsan apply as other area applicants. Multi-homeowners or those who have previously won can also apply. Anyone over 19 years old, regardless of household head status, is eligible. There are no resale restrictions, so resale is allowed immediately after the contract.
Following the subscription conditions, the contract terms are also favorable. The down payment (first installment) is a fixed amount of 5 million KRW to reduce the initial burden, and the entire intermediate payment (60% of the total sale price) is interest-free until move-in, eliminating worries about large sums of money. Additionally, those who sign contracts for the 60㎡ units through general subscription will receive a free system air conditioner as a special benefit.
The model house is located on Gimhae-daero in Gimhae City, and subscriptions are conducted through the Subscription Home website.
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