Jungang Expressway, Yeongdong Expressway, Gwangju-Wonju Expressway, and Other Extensive Rapid Transportation Networks Equipped
One of the essential factors when choosing a residence in the local real estate market is an excellent transportation environment.
Centered around transportation networks such as expressways and railroads, it is possible to expect the expansion of surrounding commercial districts and the enhancement of living infrastructure, which in turn leads to population inflow. Additionally, being adjacent to main roads or expressway ICs allows for quick travel within and outside the area, making it highly preferred by demanders. Moreover, commercial districts usually develop well around main roads, enabling convenient living and good accessibility to workplaces and nearby areas.
Due to these advantages, complexes with rapid transportation networks have recorded high subscription competition rates. In November last year, ‘Hoban Summit Wonju Station’ supplied in Wonju City, Gangwon-do, closed the first priority subscription with an average competition rate of 88.99 to 1, based on the advantage of being within walking distance to KTX Wonju Station and easy access to multiple expressways via Namwonju IC.
Similarly, ‘Ochang Bando Ubora Prestige,’ supplied in Cheongju, Chungbuk, in July last year, attracted attention with its location adjacent to expressway entrances via Ochang IC and Seo-Ochang IC, as well as proximity to wide-area transportation networks such as Cheongju Buk Terminal, successfully closing the first priority subscription with an average competition rate of 33.18 to 1.
An industry insider said, “Many demanders consider the transportation environment important when choosing a residence,” adding, “Especially in local areas, since living infrastructure is concentrated near stations or main roads, having abundant transportation networks means excellent residential conditions.”
Meanwhile, ‘Wonju Donggwang Viewwell Lakeforet,’ supplied in Wonju, Gangwon-do, earlier this month, also attracts real demanders’ attention with its solid transportation environment.
Wonju Donggwang Viewwell Lakeforet is about a 5-minute drive from Wonju IC, providing convenient access to Yeongdong Expressway, Jungang Expressway, Gwangju-Wonju Expressway, and others. Additionally, Wonju Station and Wonju Express Bus Terminal are nearby, and there are bus stops and Poranjaero in front of the complex that enhance local mobility.
Furthermore, various living infrastructures are well established, offering high residential conditions. Residents can use diverse convenience facilities such as Severance Christian Hospital, Lotte Mart, and Hanaro Mart, and with Usan General Industrial Complex about a 10-minute drive away, they can also enjoy the benefits of proximity to workplaces.
It is a safe school zone with Taejang Elementary School about a 2-minute walk away, and many schools such as Bukwon Middle School, Jingwang Middle School, Jingwang High School, and Gangwon Science High School are within a 2 km radius. A daycare center and care center will be established within the complex.
In particular, Wonju Donggwang Viewwell Lakeforet is supplied as a private rental apartment, guaranteeing residential stability for up to 10 years with a low subscription threshold. Anyone aged 19 or older can apply regardless of home ownership, subscription savings account status, or household head status, and it is not included in the number of houses, allowing applicants to maintain eligibility as non-homeowners or one-homeowners.
Also, the Korea Housing & Urban Guarantee Corporation (HUG) provides guarantees for rental deposits, and the deposit increase is limited to 5% per year, reducing concerns about rising jeonse prices. There are no taxes such as acquisition tax, property tax, or comprehensive real estate tax, and lease rights can be transferred, allowing for potential future capital gains.
Meanwhile, Wonju Donggwang Viewwell Lakeforet is located in Taejang-dong, Wonju-si, Gangwon-do. It consists of 6 buildings from 3 basement floors to 28 above-ground floors, with a total of 604 households of exclusive use areas 84㎡A, B, and C.
The promotional center is scheduled to open in early April.
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