[Asia Economy Reporter Hwang Seoyul] Jeil Construction announced on the 29th that it has opened the cyber model house for 'Jeil Punggyeongchae Geomdan 2nd Phase,' the largest private apartment complex in Geomdan New Town, and has begun full-scale sales. To prevent the spread of COVID-19, detailed information about the complex, sales schedules, and VR-based interior views of the units are available on the official website's cyber model house.
Jeil Punggyeongchae Geomdan 2nd Phase is being supplied in Block AB18 of Geomdan New Town, Seo-gu, Incheon City. It consists of 1,734 units across 2 basement floors to a maximum of 29 floors above ground, with exclusive areas of 74, 84, and 110㎡. The number of units by type is as follows: ▲74㎡A 420 units ▲74㎡B 121 units ▲84㎡A 195 units ▲84㎡B 324 units ▲84㎡C 137 units ▲110㎡A 159 units ▲110㎡B 212 units ▲110㎡C 166 units.
The sale price is regulated under the price ceiling system, making it reasonably priced compared to surrounding market prices. Units are allocated not only to residents of Incheon but also to those living in Seoul and Gyeonggi Province, allowing them to apply. Fifty percent of the units with exclusive areas exceeding 85㎡ will be allocated by lottery.
The application schedule starts with special supply on April 8, followed by first-priority applications on April 11 and second-priority applications on April 12. Winners will be announced on April 20, and official contracts will be signed over nine days from May 7 to May 15. Move-in is scheduled for April 2025.
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