- 587 Applicants for 20 Special Supply Units, Recording an Average Competition Rate of 29.35 to 1
- Rapid Move-in Post-Sale Complex Offers Excellent Transportation Access and Abundant Infrastructure Benefits
POSCO Engineering & Construction's 'The Sharp Park Soleil Yu,' a reconstruction project of 'Dunchon-dong Samik Villa' in Dunchon-dong, Gangdong-gu, Seoul, has successfully completed the special supply subscription, raising expectations for the first-priority subscription.
The number of units supplied by special supply housing type is △42㎡ type 2 units, △52㎡ type 9 units, △53㎡ type 8 units, △59㎡A type 1 unit, totaling 20 units. According to the Korea Real Estate Board's subscription home, a total of 587 people applied, recording an average competition rate of 29.35 to 1, successfully completing the special supply application.
This is considered a significant achievement compared to the recent trend in the sales market, where subscription shortages have been occurring due to interest rate hikes and the solidification of the perception of housing price peaks.
An industry expert evaluated this achievement as a result of attracting attention due to the advantages of being a post-sale complex ready for immediate move-in, the brand power of POSCO Engineering & Construction The Sharp compared to other reconstruction apartment complexes, and specialized designs to enhance residents' quality of life.
The complex will conduct first-priority subscription for the relevant area on the 15th, first-priority subscription for other areas on the 16th, and second-priority subscription on the 17th. The announcement of winners will be on the 23rd, with document submission for winners from the 28th of the same month to December 2nd, and the official contract will be held for four days from December 5th to 8th.
Regarding the eligibility for the first-priority subscription of The Sharp Park Soleil Yu, those who have been subscribed to a subscription savings account for more than two years, are household heads aged 19 or older residing in Seoul, Gyeonggi-do, or Incheon, or minor household heads raising children or supporting siblings can apply. However, households that have won a subscription within the past five years or own two or more houses are excluded.
Meanwhile, The Sharp Park Soleil Yu is planned to be built with 4 buildings, ranging from 2 basement floors to a maximum of 10 floors above ground, totaling 195 units. Among them, 73 units, including 20 special supply units, will be sold to the general public. The units are composed of various types by exclusive area: △42㎡ 7 units △52㎡ 14 units △53㎡ 12 units △59㎡A 3 units △59㎡B 1 unit △59㎡C 2 units △73㎡A 1 unit △84㎡A 7 units △84㎡B 20 units △118㎡ 6 units.
The expected move-in date for The Sharp Park Soleil Yu is June 2023, making it a post-sale complex with quick move-in availability. Construction has already started before the full-scale subscription began, allowing subscriptions ahead of move-in.
The post-sale method allows applicants to directly see the actual apartment before subscribing, and it offers many advantages such as the ability to check the view and lighting conditions based on the distance between buildings, which was previously difficult to estimate before the building framework was erected.
Moreover, The Sharp Park Soleil Yu enables quick move-in, possible within six months, allowing an approach more like moving than purchasing. With the price ceiling system applied, residents can move into a new apartment at a reasonable price lower than surrounding older houses, without any previous residential traces.
The complex also boasts excellent transportation conditions. It provides access to the Metropolitan Area 1st Ring Expressway via Seohanam IC, facilitating easy travel throughout Seoul. Dunchon-dong Station on Line 5 is also nearby, making public transportation convenient. Additionally, the extension project of Line 9, starting from Jungang Veterans Hospital Station within walking distance, is planned, connecting through Godeok Station on Line 5 to Godeok Biz Valley, advanced business complexes, and engineering complexes.
The residential environment is also excellent. Large marts such as E-Mart Cheonho Branch and Dunchon Traditional Market are accessible, and Hyundai Department Store Cheonho Branch is adjacent. Iljasan Natural Park is within walking distance, and Olympic Park and Hangang Park are nearby, allowing residents to enjoy natural surroundings even in the city.
Furthermore, Jungang Veterans Hospital is within walking distance, and large hospitals such as Gangdong Sacred Heart Hospital, Gangdong Kyung Hee University Hospital, and Seoul Asan Medical Center are nearby, providing convenient access to major medical facilities.
Excellent educational conditions are another advantage. Nearby schools include Seonrin Elementary School, Dunchon Middle School, and Dunchon High School, with Hansan Elementary School and Hansan Middle School also easily accessible.
The differentiated design stands out as well. For residents' convenience, electric vehicle charging outlets with billing functions are additionally installed on parking lot pillars. The smart home service AiQ TECH allows remote control of lighting, heating, gas shutoff, and ventilation. UV-C LED sterilizing lights are installed inside elevators to eliminate fine viruses and bacteria.
Although the complex is relatively small, the communal facilities for residents are comparable to those in large complexes. The community facilities are attractively composed of a sports zone with fitness and indoor golf practice rooms, an edu zone with a study room and book caf?, and a public zone including a daycare center and guest house.
Additionally, efficient energy facilities such as rooftop solar power generation systems, parking lot welcome lighting, and standby power cutoff systems are planned. A '3-layer security system' protecting from complex entrance to parking lot and unit entrance is applied to provide a safe residential environment for residents.
A sales official of The Sharp Park Soleil Yu stated, "Since move-in is scheduled for June next year, it is understood that demand focused on actual residence led to a surge in special supply applications." He added, "Given the good results of the special supply subscription, we expect high results for the first-priority subscription as well, and since the subscription is expected to be mainly from actual demanders, the contracts are anticipated to be completed smoothly."
Meanwhile, The Sharp Park Soleil Yu is currently operating a model house.
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