‘Must Apply’ for Subscription... ‘The Sharp Osan Elifore’ Sales Fever Heats Up

[Perspective view of The Sharp Osan Elifore, which opened a cyber model house and started sales on the 11th]

“If you rent in Dongtan now, you can still apply for an apartment in Osan. It’s undervalued to that extent. I hope I get selected in the subscription this time before prices go up further (Han, a resident of Hwaseong).”

“You have to apply no matter what. There are many favorable factors and it’s the The Sharp brand. On Hogangnono (an apartment information app), it was ranked 1st or 2nd in real-time weekend searches, so I’m worried the competition will be fierce (Jung, a resident of Osan).”

Posco Construction’s ‘The Sharp Osan Elifore’ cyber model house opened on the 11th, stirring the local real estate market. Pre-booked visits to the model house were fully booked within 5 minutes of the reservation opening, and the server even crashed due to heavy traffic. This apartment is evaluated to have solid future value in terms of transportation, natural environment, and brand power. Moreover, subscription is considered the best strategy for home ownership, and with housing prices continuing to rise, the sales enthusiasm is heating up.

Bundang Line Extension and Large Park Benefits Expected

The Sharp Osan Elifore is located in the Osan area. It adjoins the currently under-construction Segyo 2 District. Residents can enjoy the infrastructure of the housing district at a glance and have easy access to Dongtan, belonging to the so-called Segyo-Dongtan ‘double living zone,’ which has attracted attention early on.

Recently, a major favorable factor was added, making it a hot place. It is the promotion of the Bundang Line extension. The Ministry of Land, Infrastructure and Transport announced the ‘4th National Railroad Network Construction Plan’ in April, revealing the Bundang Line extension (Osan to Giheung). Once extended, it will be possible to travel directly to Gangnam and Bundang without multiple transfers.

With the Bundang Line extension, transfers at Dongtan Station to SRT, GTX-A (planned), and the Indeokwon-Dongtan double-track railway (planned) will become more convenient. The GTX-A line is the only GTX line currently under construction. Additionally, an urban railway connecting Osan, Dongtan, and Mangpo is also planned.

An official from Osan L Real Estate Agency said, “The mere fact that there is a transportation benefit in the area has a significant impact on real estate,” adding, “As construction progresses one by one, the price increase will become more pronounced.”

Comfortable residential infrastructure is also an advantage. According to the 2035 Osan Urban Master Plan, a central park of about 800,000㎡ (including a sports park, lawn plaza, outdoor waterfront stage, etc.) is planned right next to the complex. This is larger than the combined size of Dongtan Lake Park (about 460,000㎡) and Dongtan Central Park (about 300,000㎡).

Real Estate Info’s Research Team Leader Kwon Il said, “Adding beautiful water spaces rather than just green areas greatly helps increase housing prices and allows residents to enjoy a healthy life, making it a residential space suitable for the post-COVID era,” adding, “Also, the waterfront area is likely to play a key role in local culture through the formation of commercial districts and hosting various events.”

Outdoor Water Playground, Community Care Center Introduced

The product, worthy of The Sharp brand, is also receiving favorable reviews. The layout increases openness with 4-bay and slab-type structures (except some types). Landscaping includes a mountain water garden where residents can enjoy beautiful scenery and a pet garden where pets can play. An outdoor water playground that children can comfortably play in within the complex and parents can join is also eye-catching.

Additionally, community facilities supporting residents’ leisure and relaxation such as a fitness center, indoor golf practice range, GX room, Pilates room, dry sauna (including cold and hot baths), reading room, small library, kids caf?, and kids play zone will be introduced. A ‘Community Care Center’ for working couples is also a notable feature.

Joo, a resident of Osan, said, “The previously supplied The Sharp Osan Central and Seodongtan Station The Sharp Park City have become landmark apartments representing the area, so more people seem interested in this third The Sharp apartment in Osan,” adding, “I have young children and feel this is a good complex for raising kids. I plan to aim for both the special supply for newlyweds and the general supply.”

The market atmosphere in Osan is also positive. According to KB Housing Price Trends, Osan recorded the third highest price increase (13.6%) among metropolitan cities from January to May this year. Narrowing down to the southern metropolitan area, it had the highest increase, significantly surpassing Seoul (4.9%) and the metropolitan average (8.3%). Despite the ultra-low birthrate era, the population is increasing annually. According to Statistics Korea, the population reached about 230,000 at the end of last year, up from the previous year, drawing attention.

[The Sharp Osan Elifore Cyber Model House Screen]

The cyber model house, operated to prevent the spread of COVID-19, provides various information. Notable are the news interview video analyzing the 4th National Railroad Network Construction Plan and an infographic video explaining the surrounding location in an easy-to-understand way. The unit sketches and e-model house vividly present the interior of the actual model house.

A sales official said, “We will present it as Osan’s representative apartment where residents can live with pride, offering excellent products and designs worthy of the brand power in a location with high future value,” adding, “Inquiries by phone and access to the cyber model house have been nonstop, so we expect the subscription to proceed smoothly.”

Meanwhile, The Sharp Osan Elifore consists of 927 households with exclusive areas of 59, 75, and 84㎡. The general supply by type is ▲59㎡ 285 households ▲75㎡A 162 households ▲75㎡B 162 households ▲84㎡ 318 households.

The supply schedule starts with special supply on Monday, June 21, followed by 1st priority local area subscription on Tuesday, June 22, and 1st priority other area subscription on Wednesday, June 23. The announcement of winners is on Wednesday, June 30, and the official contract period runs for one week from Monday, July 12 to Sunday, July 18.