Gangneung Lotte Castle Signature... 47 to 1, Highest Competition Rate in Gangwon Province History

Gangneung Lotte Castle Signature Perspective View

The 'Gangneung Lotte Castle Signature' apartment complex, located at 1018-1 Gyodong, Gangneung-si, Gangwon-do, recorded the highest competition rate ever in Gangwon-do for first-priority subscription.

According to the Korea Real Estate Board's subscription homepage on the 4th, the first-priority subscription for Gangneung Lotte Castle Signature apartments, which was received the previous day, saw 35,625 applicants for 760 units (excluding special supply), resulting in an average competition rate of 46.88 to 1.

By housing type, the 140㎡ exclusive area was the most popular, with 330 applicants for 4 units, showing a competition rate of 82.50 to 1. The 94㎡ exclusive area also showed fierce competition with a rate of 67.83 to 1. Following were the competition rates for exclusive areas of △93㎡A at 61.42 to 1 △84㎡A at 58.21 to 1 △185㎡A at 46.50 to 1.

The announcement of winners will be on the 10th, and the official contract signing will take place over five days from the 23rd to the 27th.

Gangneung Lotte Castle Signature consists of 11 buildings ranging from 3 basement floors to a maximum of 29 floors above ground, with a total of 1,305 units all available for general sale. By exclusive area, the units are composed of ▲84㎡ 1,031 units ▲93㎡ 33 units ▲94㎡ 6 units ▲114㎡ 222 units ▲T-135㎡ 2 units ▲T-136㎡ 2 units ▲T-137㎡ 1 unit ▲P-140㎡ 4 units ▲P-185㎡ 4 units. Move-in is scheduled for November 2024.