Jeil Construction Lays Foundation for Leap Forward with Active Nationwide Sales Launch

Jeil Construction's residential brand, Jeil Construction ‘Jeil Punggyeongchae,’ continues to prove its popularity by maintaining a strong sales momentum with every new complex supplied in the metropolitan area and nationwide. This year, ‘Godeok Gangil Jeil Punggyeongchae,’ launched by Jeil Construction, recorded an average competition rate of 150 to 1, and in the 84㎡A exclusive area of this apartment, the highest winning score was 82 points, confirming that there were applicants who scored nearly perfect marks. Last year, apartments introduced by Jeil Construction in Pyeongtaek, Paju, and Yangju, as well as Jeil Punggyeongchae apartments launched in Gangwon-do and Jeonnam regions, consecutively achieved excellent results, with all units sold out.

In particular, Jeil Construction’s Jeil Punggyeongchae 2nd Edu and 3rd Centum in Pyeongtaek, Gyeonggi-do, showed double-digit competition rates of 17.36 to 1 and 20.69 to 1, respectively. Additionally, Hadang Jeil Punggyeongchae Central First, launched by Jeil Construction in Mokpo, Jeonnam, attracted over 3,300 applicants for 382 units.

The reason why the newly supplied Jeil Construction Jeil Punggyeongchae apartments have been running a successful sales streak appears to be due to Jeil Construction’s abundant construction experience, excellent quality, and its unique management philosophy of providing good products at good prices, which is reflected in the residential facilities.

Established in 1978 and celebrating its 42nd anniversary this year, Jeil Construction is a leading domestic construction company that has achieved comprehensive success in construction and civil engineering projects by leveraging abundant human resources to successfully carry out intelligent buildings equipped with ultra-high-speed communication networks, commercial facilities, public facilities, hotels/condos, plants, and distribution facilities.

In particular, the apartment brand ‘Punggyeongchae’ means ‘a home with a beautiful view’ and combines Jeil Construction’s rich construction experience with excellent design and construction capabilities. Jeil Construction has devoted efforts to creating a pleasant residential environment where residents can recharge and rejuvenate, winning the Prime Minister’s Award for livable apartments three times. This year, it also received an AAA credit rating, solidifying its foundation as a prestigious construction company.

The rise in apartment sale prices is also noteworthy. Hangdong Jeil Punggyeongchae Forest, Jeil Construction’s first project in Seoul, saw its sale price soar to 700 million KRW (84㎡) as of July, according to the Ministry of Land, Infrastructure and Transport’s actual transaction prices, gaining a premium of over 100 million KRW after residents moved in in March of the same year. This type was originally sold in the mid-400 million KRW range during the 2017 pre-sale.