534 Units of 'Namak Oryong City Pradium' Supplied in Muan Namak New Town

Sale at Core Location of Oryong District... Model House Opens on 22nd

Abundant Local Demand Due to Public Institution Relocation and Infrastructure Expansion

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] A new apartment complex with 534 units will be supplied in the Oryong District of Namak New Town, Muan-gun, Jeollanam-do.

City Construction announced that on the 22nd, it will open a model house for 'Namak Oryong City Pradium' in Namak New Town and begin full-scale sales.

'Namak Oryong City Pradium' consists of 7 buildings, ranging from basement level 1 to ground level 25, with a total of 534 households.

All unit types are composed of a single exclusive area of 84㎡, which is highly preferred by actual buyers.

Namak New Town, where City Pradium is located, is a large-scale housing district developed around Okam-dong in Mokpo City and Samhyang-eup and Illo-eup in Muan-gun, Jeollanam-do, and has established itself as a new residential hub in Jeollanam-do.

The Namak New Town project is being carried out in three phases, and through the first phase, residential spaces accommodating about 83,000 people will be created in the Namak, Okam, and Oryong districts.

The Namak and Okam districts have already been developed, and the Oryong district, where the complex is being built, is considered the last opportunity for buyers expecting to move into Namak New Town.

Namak New Town has transformed into an administrative town since 2005, when major public institutions such as the Jeonnam Provincial Government Office, Jeonnam Office of Education, and Jeonnam Police Agency relocated there, and various infrastructures are rapidly expanding, boasting excellent residential conditions.

Located right in front of the central commercial district and at the core of the Oryong district, Namak Oryong City Pradium offers convenient living with easy access to lifestyle facilities in the Namak and Okam districts, such as Lotte Mart and Lotte Outlet.

The residential infrastructure within the Oryong district, including education, nature, and transportation, is solid. Namak Oryong City Pradium is expected to have elementary, middle, and high schools opening within commuting distance, allowing school-age children to attend school conveniently.

Namchangcheon Stream and Yeongsan River flow along the outskirts of the Oryong district, and with abundant natural environments such as waterfront parks and Mangmo Mountain, it boasts a pleasant eco premium.

Above all, Namak Oryong City Pradium is supplied at a reasonable price compared to nearby market prices by applying the price ceiling system, and residents can also enjoy the premium of a non-regulated area.

Applicants aged 19 or older who have held a subscription savings account for more than six months and reside in Jeonnam or Gwangju can apply as first priority regardless of household head status or home ownership.

A sales official said, "Namak New Town, which began to be developed as major public institutions in Jeonnam, including the provincial government office, relocated here, is attracting attention as a core residential town in Jeonnam due to its large scale and rapid infrastructure expansion. 'Namak Oryong City Pradium,' which is entering sales this time, is located at the center of all infrastructures such as commerce, education, and transportation in the Oryong district, completing the first phase of Namak New Town, and is expected to succeed in sales."