The popularity of Dongtan 2 New Town, which offers excellent accessibility to Seoul and various functions such as residential, educational, cultural, and business facilities, is steadily increasing.
With abundant future prospects including the planned GTX-A Line and Dongtan Tram 1 and 2, as well as self-sufficient functions through Dongtan Technovalley, it is emerging as a fully developed new town, attracting many prospective residents.
As a result, housing prices in the Dongtan 2 New Town area are forming high market values. Moreover, new complexes are recording strong subscription results. For example, ‘Dongtan Station Heriot,’ supplied in 2020, closed its subscription with an average competition rate of 149.4 to 1 in the first priority, and ‘Dongtan 2 New Town Dongtan Station Dietre,’ supplied in 2021, recorded an average competition rate of 809.08 to 1 in the first priority subscription. Dongtan 2 New Town Dongtan Station Dietre made headlines last year for achieving the highest subscription results nationwide.
An industry insider said, “Dongtan 2 New Town, the largest new town in the southern metropolitan area, is gaining attention as a livable city with well-established infrastructure such as housing, education, transportation, and nature,” adding, “With major developments steadily underway, its future value is expected to rise further, making ‘entering Dongtan’ even more difficult.”
Meanwhile, ‘Dongtan Station Plasse The Terrace,’ which has a low financial burden and low subscription threshold, is scheduled to be supplied in Dongtan 2 New Town.
This complex, supplied as a publicly supported private rental housing, does not require acquisition tax payment at initial move-in and residents do not bear property tax during their stay. Rent increases are limited to within 5% annually, and rental deposit insurance is provided through the Housing and Urban Guarantee Corporation (HUG), ensuring high stability.
Another advantage is the low subscription threshold. Anyone aged 19 or older who is a member of a household without homeownership can apply regardless of subscription savings account, residence restrictions, or household head status. After moving in, residents are still considered non-homeowners, allowing them to apply for general sale complexes without restrictions on re-winning.
Additionally, Dongtan Station Plasse The Terrace allows conversion to sale after the rental period ends. This means residents can purchase at the pre-rental price from 10 years ago, potentially expecting a certain level of capital gains.
In particular, Dongtan Station Plasse The Terrace is a terrace house constructed by the private company Pungsan Construction, offering differentiated product value. Each unit provides terraces that can be customized according to lifestyle, such as gardening, home caf?, playroom, and home training space, and inside the units, highly usable extra spaces like pantries and dressing rooms are designed. The top floors are designed as duplexes for excellent space utilization, and various community facilities such as a golf practice range, moms’ lounge, kids’ zone, and women’s shared workspace are established within the complex.
Meanwhile, Dongtan Station Plasse The Terrace is located in Block B4 of Dongtan 2 New Town, Hwaseong-si, Gyeonggi-do, consisting of 166 units ranging from 94 to 117㎡ in exclusive area, with 1 basement floor and 4 above-ground floors.
‘Dongtan Station Plasse The Terrace’ is currently operating a model house.
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