- Affordable prices around 200 million KRW, interest-free interim payments, pre-registration resale allowed, etc... Nationwide demand for Isakjupgi surges
- 74㎡ A,B and 84㎡ C types recognized as non-homeowners when applying for other housing, excluded from capital gains tax housing count, and more benefits added
Bando Construction is seeing increasing contract enthusiasm for 'Changwon Machang Bridge Bando Yubora Ivy Park' unveiled in the Gapo district of Changwon. According to sales officials, the number of bargain hunters from across the country, including Seoul, Busan, and Daegu, has noticeably increased.
Located in the non-regulated Gapo residential district, 'Machang Bridge Bando Yubora Ivy Park' offers attractive advantages such as a reasonable sale price in the 200 million KRW range, interest-free interim payments, and the ability to resell before registration. These benefits have attracted bargain hunters not only from Changwon but also from Seoul, Busan, Daegu, and other regions. In particular, the 74㎡ A, B and 84㎡ C types are recognized as non-homeowners when applying for other housing subscriptions and are excluded from the housing count for capital gains tax on apartments priced below 300 million KRW in provincial areas.
It is analyzed that these affordable conditions are drawing bargain hunters nationwide. A sales agency representative for ‘Machang Bridge Bando Yubora Ivy Park’ stated, “With nationwide housing prices rising sharply, it is hard to find new apartments priced in the 200 million KRW range. The combination of a 200 million KRW sale price, interest-free interim payments, and the ability to resell before moving in has increased interest from bargain-hunting investors across Seoul, Busan, Daegu, and other regions.”
Located in Masanhappo-gu, Changwon-si, Gyeongnam, ‘Machang Bridge Bando Yubora Ivy Park’ consists of 9 buildings ranging from 3 basement floors to 25 floors above ground, with exclusive areas of 74 to 84㎡, totaling 847 households. Move-in is scheduled for March 2024.
‘Machang Bridge Bando Yubora Ivy Park’ is priced reasonably at the mid-8 million KRW per 3.3㎡ level, supplying 74㎡ and 84㎡ units at a sale price in the 200 million KRW range. It offers a fixed contract deposit of 10 million KRW (first payment), 60% interest-free interim payments, and the ability to resell before registration.
Situated in a prime location within the Gapo residential district, ‘Machang Bridge Bando Yubora Ivy Park’ includes an on-site daycare center, and right in front of the complex are Gapo Elementary School, a planned kindergarten, and a planned middle school, providing a ‘12-year safe educational environment.’
Additionally, the complex will feature the first on-site educational facility in the Gapo residential district, a separate learning center. This center will offer various educational programs for infants and elementary students in collaboration with specialized educational institutions. In particular, the ‘YBMnet English Education Program’ will provide a systematic curriculum with customized education by age, level, and part to help improve children’s English skills.
Moreover, the ‘Infant Care Classroom’ operated by Daegu Catholic University will provide programs and childcare services that support the creative development of infants, while the ‘After-School Care Classroom’ will offer educational programs to assist students’ learning after school.
The residential environment is also pleasant. A central park, 2.5 times the size of a soccer field, will be created within the complex, surrounded on three sides by forest areas including Cheonmasan, Cheongnyangsan, and Suribong mountains, along with a waterside park. Nearby outside the complex are Masan Bay, Gapo Bondong Waterfront Cultural Park, Gapo Rogagopa Flower Garden, coastal park walking trails, and Dongsom Marine Amusement Park. It is also close to the Masan Port West Harbor Waterfront Park and Guhang Disaster Prevention Hill Waterfront Park, both scheduled for completion in June.
Access to Changwon Seongsan-gu, where major infrastructures such as city hall and provincial government offices are concentrated, is excellent via the Machang Bridge connecting Masanhappo-gu and Seongsan-gu. Additionally, it is easy to enter and exit Changwon National Industrial Complex, Jinhae, and Busan directions, and quick access to Wolyeong-dong and Jasan-dong in Masanhappo-gu is possible through the Gapo New Port Tunnel. Access to the Namhae Expressway and Jungbu Inland Expressway is also convenient via National Routes 5 and 14.
The model house is located in Seongsan-gu, Changwon-si, and the Masan promotional center is also operating in Masanhappo-gu, Changwon-si, Gyeongnam.
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