Highest Competition Rate for Exclusive 84㎡ at 64.06:1, Subscription Winner Contracts Begin December 3-5
‘Changwon Hanyang Lips The First,’ which was released on November 27, recorded an average competition rate of 13.07 to 1, successfully closing the non-designated subscription, with the exclusive area of 84㎡ achieving the highest competition rate of 64.06 to 1.
Despite the government's strong real estate policy announcements, the reason for such a high subscription rate is interpreted as consumers flocking to local small and medium-sized cities in non-regulated areas since September 22, when the resale of private land in metropolitan areas was banned until ownership transfer registration.
‘Changwon Hanyang Lips The First’ attracted consumers with the advantages of a non-regulated area, reasonable prices, a fixed down payment of 10 million KRW (first installment), full interest-free intermediate payments, and immediate resale availability. Additionally, winners of the 68㎡ and 70㎡ types receive benefits such as free balcony expansion and free installation of system air conditioners upon contract.
Subscription winners’ contracts will be conducted over three days from December 3 to 5 at the model house.
According to a sales official, “Since all types of subscriptions were smoothly completed through the non-designated subscription process, many winners are expected to proceed with contracts.” He added, “As it is relatively free from government regulations, interest continues, and early sell-out is anticipated.”
Consumers who visited the model house were impressed by the new floor plans with excellent space utilization. From the specialized 4-bay design (68㎡/84㎡) with outstanding lighting and ventilation, the 70㎡ type featuring a two-sided open design, the 84㎡ type maximizing space usage with a 4-room layout, to innovative features such as entrance pantries (68㎡/84㎡), alpha rooms (70㎡), and dressing rooms in all units, the luxury complex received high praise from visitors.
Moreover, the wide distance between buildings enhances openness, and the apartments are designed as first-class seismic-resistant buildings, ensuring safety against earthquakes and disasters. The ground level is planned to be a park for a pleasant healing life, with landscaping and rest facilities where children can safely play. Residents will also enjoy diverse community amenities, including an exclusive fitness center, golf practice range, GX room, book caf?, kids’ land, and study rooms.
‘Changwon Hanyang Lips The First’ is located just 10 minutes from downtown Changwon via Dong-eup Bypass Road, providing quick and convenient access to core infrastructures such as Lotte Department Store, Lotte Mart, and E-Mart. It is also close to KTX Changwon Central Station, Namhae Expressway Dongchangwon IC, and Busan Outer Ring Expressway. Changdeok Middle School is right next to the complex, and residents can enjoy panoramic views of Jeongbyeongsan Mountain as well as easy access to hiking trails. It boasts an optimal location as a residential area near workplaces such as Changwon National Industrial Complex, Changwon General Industrial Complex, and Bonsan Industrial Complex, facilitating easy commuting.
Positive developments continue. The Dong-eup to Buk-myeon road and Dong-eup to Bonggang road, scheduled for 2021 and 2022 respectively, are expected to further improve transportation conditions. Additionally, the Deoksan General Industrial Complex is planned for completion in 2022, and future value is abundant with developments such as the Deoksan marshalling yard site.
‘Changwon Hanyang Lips The First’ is located at 374 Yongjam-ri, Dong-eup, Uichang-gu, Changwon-si, consisting of a total of 515 households with exclusive areas of 68㎡, 70㎡, and 84㎡, of which 235 units are for general sale.
The model house is located at 99-3 Jungang-dong, Seongsan-gu, Changwon-si (2nd floor of Changwon Building).
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