'Lotto Cheongyak' Perfect Score Account Appears at Sejong Xi The City

Sejong Xi The City perspective view. [Photo by GS Construction]

[Asia Economy Reporter Lee Gwan-ju] A perfect score account has appeared in 'Sejong Xi The City,' which attracted attention as a 'lottery subscription.'

According to the Korea Real Estate Agency's subscription homepage on the 4th, a perfect score of 84 points was the highest score to win in the 84㎡ P (Penthouse) other area of 'Sejong Xi The City,' whose winners were announced that day.

A perfect score account must meet all the requirements: more than 15 years of no home ownership period (32 points), more than 6 dependents (35 points), and more than 15 years of subscription to the subscription account (17 points).

'Sejong Xi The City' recorded an average competition rate of 199.7 to 1 with 220,842 applicants for 1,106 households as a result of subscription applications on the 28th of last month. The average sale price per 3.3㎡ of this apartment is 13.67 million KRW, and the sale price for 84㎡ is up to about 488.67 million KRW. Compared to the market price of nearby apartments, winning can yield a price difference of 200 to 400 million KRW, so it was called a 'lottery subscription.'