Amid Supply Drought in the Capital Area, 300 Million KRW Price Gain 'Jun Lotto' Draws Attention

6 Households Including Goyang Jijuk A-2 Block

Goyang Jichuk A-2 Block

As the supply drought in the metropolitan area continues, newlywed hope town 'Jupjup (remaining units)' with both price and location competitiveness has been released. With an expected market price difference of up to about 300 million KRW, competition is expected to be fierce.

According to the Korea Land and Housing Corporation (LH) on the 17th, the subscription for remaining units of the newlywed hope town in 'Goyang Jichuk A-2 Block' and 'Goyang Janghang A-4 Block' will be held on the 26th. These units became available because the winners, who qualified as prospective newlyweds, failed to prove their marriage within the deadline, resulting in contract cancellations: 2 units in Goyang Jichuk A-2 Block and 4 units in Goyang Janghang A-4 Block.

Goyang Jichuk A-2 Block consists of 583 households and is located in Jichuk-dong, Deogyang-gu, Goyang-si. It is close to Jichuk Station on Subway Line 3, Starfield, and IKEA, making it expected to be popular among actual demanders. All units are 55㎡ in exclusive area; one unit (1st floor) is priced at about 375 million KRW, and the other unit (17th floor) is about 396 million KRW. Being public sale units, they are cheaper compared to surrounding market prices. For example, the nearby Jichuk Station Central Prugio with an exclusive area of 78㎡ currently has asking prices around 1.1 to 1.2 billion KRW. When converted by size, these units are estimated to be about 200 to 300 million KRW cheaper.

Goyang Janghang A-4 Block has 1,566 households and is located in Janghang-dong, Ilsandong-gu. All units available this time are 56㎡ in exclusive area. It is close to the Han River and GTX-A (KINTEX). The sale price ranges from about 340 million to 361 million KRW, also about 200 to 300 million KRW cheaper than nearby market prices.

However, since these newlywed hope town units require mandatory subscription to the 'Newlywed Hope Town Exclusive Housing Mortgage Long-term Loan Product,' the market price gains cannot be fully retained. The loan supports 30% to 70% of the house price at a fixed annual interest rate of 1.3% for up to 30 years, but when selling the house, 10% to 50% of the market price gains must be shared with the fund. The profit-sharing ratio is determined based on the loan amount and the number of children.