[Asia Economy Reporter Jang Hyowon] GMP Global, a subsidiary of VT GMP, announced on the 20th that the 'VT Style' in Jangan-dong was completely sold out on the 26th of last month.
VT Style received 1,685 applications for 47 households (excluding special supply), recording an average competition rate of 35.8 to 1 and a maximum of 78 to 1, closing all types with first-priority subscription. The three-day contract period ended on the 19th, resulting in a complete sell-out.
Located near Janghanpyeong Station, 'VT Style' consists of 2 buildings with a total of 92 units, including 75 apartments, 13 officetels, and 4 commercial units, spanning from 3 basement floors to a maximum of 15 floors above ground, with a total floor area of 9,991.51㎡. It is expected to become a premium location with double station access through the upcoming opening of the Myeonmok Line light rail. Excellent transportation infrastructure such as Dongbu Expressway, Olympic-daero, and Gangbyeonbuk-ro allows easy access to the city center.
In particular, the Dongbu Expressway, which has suffered from frequent congestion, is planned to be divided into an 'urban highway' and a 'regional arterial road' with underground construction, improving the transportation infrastructure environment. In addition to shopping and cultural facilities such as Homeplus, Lotte Cinema, and Art Malling, the area offers excellent living convenience with medical and financial facilities. Numerous elementary, middle, and high schools are located nearby, including Jangpyeong Elementary School right in front of the complex, Dongguk University High School, Dongguk University Middle School, and Hwikyung Girls' Middle and High Schools.
VT Style offers full options including induction cooktops, bidets, and system air conditioners, adding convenience with a modern smart apartment system. Furthermore, it secures storage space through the provision of dressing rooms and installs a middle door to reduce heating and cooling costs as well as mitigate internal and external noise.
A representative of VT GMP stated, "All contracts have been completed due to explosive support," and added, "Sales from the post-sale apartment sell-out are expected to be about 58 billion KRW."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
