- Special Supply on July 12 (Mon), Priority 1 Local Area on 13 (Tue) · Other Areas on 14 (Wed)
- Nearby ‘Opera’ Complex Surpasses 880 Million KRW... Suseong-gu and Others Likely Candidates for 1 Billion KRW Club
As the actual transaction price of an 84㎡ apartment in Suseong-gu, Daegu surpassed 1.7 billion KRW, experts cautiously predict that residential complexes priced in the 1 billion KRW range will soon appear in other residential areas outside Suseong-gu. This can be seen from the sharp rise in actual transaction prices (including pre-sale rights) of 84㎡ units in major preferred areas of Daegu from 2020 to 2021.
According to the Ministry of Land, Infrastructure and Transport's actual transaction price statistics, in March, the 84㎡ unit at ‘Hillstate Beomeo’ reached a record high with a transaction price of 1.7 billion KRW. This complex attracted attention in 2018 as the first in Daegu to exceed 20 million KRW per 3.3㎡ (average pre-sale price for 84㎡ was 20.56 million KRW per 3.3㎡, with units above the 5th floor priced at 709.2 million KRW). In just three years, the premium has increased by nearly 1 billion KRW.
In the case of ‘Villiv Beomeo,’ transactions started at 1.53 billion KRW in August 2020 and have maintained prices in the 1.5 billion KRW range this year. ‘Beomeo Raon Private 2nd Phase’ is priced at 1.495 billion KRW, and ‘Manchon Samjeong Green Core Edu Park’ is trading in the 1.4 billion KRW range, approaching the 1.5 billion KRW mark.
According to analysis by real estate experts, among complexes in Daegu with 84㎡ units in 2020, 28 complexes with actual transaction prices exceeding 1 billion KRW are all located in Suseong-gu. There are also 12 complexes in the 900 million KRW range expected to enter the 1 billion KRW range in the future, and 21 complexes in the 800 million KRW range, indicating a considerable number of properties.
Among these, areas outside Suseong-gu with prices in the 800 to 900 million KRW range include △ ‘Opera Samjeong Green Core’ in the Chimsan, Goseong, Chilseong zones, △ ‘Villiv Sky’ near Jukjeon Intersection, and △ ‘Cheongna Hills Xi’ in the Namsan and Daesin-dong zones. The newly developed complexes in Jung-gu, which have recently formed an active pre-sale market across Taepyeong-ro, and Opera Town in Goseong-dong 1-ga, Buk-gu, are expected to be priced in the 700 million KRW range. Representative complexes include ‘Hillstate Daegu Station Opera,’ ‘Daegu Opera Switzen,’ ‘Daegu Station Xi Central,’ and ‘Hillstate Daegu Station.’
Experts analyze that this phenomenon is caused by a combination of factors such as rising construction costs due to inflation, preference for a ‘smart single property’ due to multi-homeowner regulations, rapid price increases in promising development areas, and a preference for better homes due to improved living standards. In particular, areas with high-quality residential infrastructure and large complexes are expected to continue their upward trend due to supply shortages compared to demand.
Amid this situation, ‘Taewang D’Anus Opera’ will open its model house on Friday, July 9, and proceed with the subscription process.
The supply scale is a large complex with a real land area of 10,061㎡, consisting of 4 basement floors to 49 above-ground floors, with 532 apartment units and 66 officetel units, totaling 598 units. The number of units is ▲ 84㎡A 268 units ▲ 84㎡B 178 units ▲ 121㎡ 86 units, and officetel ▲ OF80㎡ 66 units.
Starting with special supply subscription on July 12, general supply for first priority local applicants will be accepted on Tuesday, July 13, other areas on Wednesday, July 14, and second priority on Thursday, July 15, through the Korea Real Estate Board’s subscription website. Winners can individually check their results on the subscription website on Wednesday, July 21.
The pre-sale prices are set at 543.5 million KRW to 577.8 million KRW for the 84㎡A type, 532.8 million KRW to 567 million KRW for the 84㎡B type, and 774.9 million KRW to 809 million KRW for the 121㎡ type (balcony expansion and additional option costs are separate). The contract terms are generally reasonable with a 10% deposit, 60% interim payment, and 30% balance, reducing the initial financial burden.
It is also noteworthy that this is a major area of interest with a continuing upward trend. The 84㎡ pre-sale rights in the same planned district have surpassed the 700 million KRW peak and are trading around 650 million KRW. The nearby 5-year-old ‘Opera’ complex recorded a peak of 880 million KRW, and major complexes around Taepyeong-ro have actual transaction prices in the 700 million KRW range. Considering that newly built complexes generally lead the market price in the same living area, this suggests the potential for future price appreciation of ‘Taewang D’Anus Opera.’
A local real estate industry official said, “Since it is a preferred area where premiums are added in transactions and the pre-sale prices are reasonable, subscription applications are expected to flood in,” and added, “If a 1 billion KRW range complex appears outside Suseong-gu, it is highly likely to be in the Buk-gu area.” Consumers are expected to compare various factors such as residential infrastructure, complex size, and the upward trend of new complexes before applying for subscriptions in promising locations.
The model house for ‘Taewang D’Anus Opera’ can be visited by making a reservation through the official website in advance.
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