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Gimhae Prugio Highend Phase 2, First Priority Subscription Sold Out... Average Competition Rate 19 to 1

1836 Applications for 33 Units of 84㎡ Type B... Highest Competition Ratio 56 to 1

Gimhae Prugio Highend Phase 2, First Priority Subscription Sold Out... Average Competition Rate 19 to 1 Perspective view of Gimhae Prugio High-End Phase 2


Daewoo E&C's 'Gimhae Prugio Highend Phase 2' achieved a top competition rate of 55.63 to 1 and an average competition rate of 19.44 to 1 in the first-priority subscription held on the 20th, successfully closing all types in the first priority.


According to data from the Korea Real Estate Board (Subscription Home) on the 20th, the first-priority subscription for the Gimhae Prugio Highend Phase 2 in the designated area received 21,078 applications for 1,084 units (excluding special supply), recording an average competition rate of 19.44 to 1. The highest competition rate was for the exclusive 84㎡ Type B, where 1,836 applicants competed for 33 units, resulting in a rate of 55.63 to 1.


The complex, located at Block 2, Lot 1 of Andong 1 District Urban Development Zone in Gimhae-si, Gyeongsangnam-do, consists of 7 buildings ranging from 3 basement floors to 47 above-ground floors, with a total of 1,380 units sized between 59 and 84㎡. The number of units by type is △59㎡A 64 units △59㎡B 86 units △59㎡C 334 units △75㎡ 312 units △84㎡A 517 units △84㎡B 67 units. It is composed exclusively of small to medium-sized units under 84㎡, which are highly preferred by buyers.


Situated on flat land, it is a 'flat-access' apartment complex, with all units primarily facing south to maximize views, natural light, and ventilation. The nearby Donggimhae development project is progressing smoothly, which is expected to further improve the residential environment and transportation network. The new Busan New Port?Gimhae Expressway project is also underway, aiming for completion in 2029.


Hwalcheon Elementary School, Sineo Middle School, and Hanil Girls' High School are close to the complex, and Inje University is also nearby. Additionally, Chilam Cultural Center, Eobang Sports Park, and Andong Sports Park are in the vicinity, providing pleasant leisure activities.


The announcement of winners will be held on the 27th, and the official contract signing will take place over three days from May 10 to 12 at the Gimhae Prugio Highend Phase 2 model house. The model house is located in the Andong area of Gimhae-si, Gyeongsangnam-do, and visits can be made by prior reservation through the online model house.


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