‘Seongnam Bokjeong 1 District B3 Block' to Begin Pre-Subscription on the 28th

- Double Living Zones in the Housing Market Gain Popularity... High Residential Preference Due to Well-Established Infrastructure
- Enjoy Both Wirye and Gangnam: ‘Seongnam Bokjeong 1 District B3 Block’ 1st Priority Local Applications Open on 11/28 (Mon)!

As the housing market is being reorganized to focus on actual demand, the popularity of double living zone residential complexes is increasing. A double living zone refers to a situation where a location is situated on the boundary or adjacent area of two regions, or where excellent transportation networks allow residents to enjoy the infrastructure of both areas.

In such cases, the infrastructure is generally richer than in a single living zone, and because it can compensate for the shortcomings between regions, it directly enhances the residential satisfaction of actual demanders, resulting in high preference among buyers.

Moreover, the higher the level of shared infrastructure in the living zone, the more popular the residential complex becomes. For example, in Seoul and the metropolitan area, locations that allow access to the Gangnam living zone are highly valued.

Accordingly, complexes with double living zones not only achieve excellent subscription results but also show remarkable price appreciation based on solid demand in the future.

In fact, ‘Gwacheon Hanyang Sujain,’ which was sold in Gwacheon, Gyeonggi Province, last December, was praised for allowing residents to enjoy both Gwacheon and Gangnam living zones, achieving an average subscription rate of 31.6 to 1 and a maximum of 41.8 to 1 in the first priority subscription.

Among these, there is a place in Seongnam, Gyeonggi Province, that enjoys both Seongnam city center and Wirye living zones as a double living zone and is practically considered part of the Gangnam living zone, attracting significant attention. The protagonist is ‘Seongnam Bokjeong 1 District B3 Block.’

‘Seongnam Bokjeong 1 District B3 Block’ is a private pre-sale complex within a public housing site, consisting of 6 buildings from 3 basement floors to 29 above-ground floors, with a single exclusive area of 84㎡, supplying a total of 417 units out of 510 units through pre-subscription. The number of units by type for the pre-subscription is △84㎡A 369 units, △84㎡B 48 units.

The Bokjeong 1 District, where the complex is located, is a mini new town in Bokjeong-dong and Changgok-dong, Sujeong-gu, Seongnam-si, Gyeonggi Province, covering 577,708㎡, where about 4,300 households and 10,800 residents will live.

It is located adjacent to Wirye New Town, allowing residents to share the well-established infrastructure of the Wirye district, promising a convenient living environment, and its excellent transportation network is evaluated to have better access to Gangnam than Wirye itself.

In particular, it is adjacent to Namwirye Station on Subway Line 8, completed last December, offering better access to Seoul than most areas of Wirye New Town. In fact, it takes 13 minutes from Namwirye Station to Jamsil Station (Lines 2 and 8) and about 30 minutes to Gangnam Station (Line 2 and Shinbundang Line). Furthermore, ‘Seongnam Bokjeong 1 District B3 Block’ is within walking distance of Namwirye Station, providing excellent subway convenience within the district.

Nearby, the Bokjeong Station Transfer Center is planned, and the area is well connected by metropolitan transportation networks such as the Bundang-Suseo Expressway, Metropolitan Area 1st Ring Expressway, SRT Suseo Station, and GTX-A Suseo Station (scheduled to open in 2024), making travel convenient not only to Seoul but throughout the metropolitan area.

Starfield City Wirye, Garden Five, and Shinsegae Department Store Suseo Branch (scheduled to open in 2027) are adjacent, and residents can also enjoy the well-established commercial facilities within Wirye New Town.

Within walking distance for school commuting, there are kindergartens, an elementary school (planned), and Bokjeong High School, ensuring safe and convenient school routes. The proximity to prestigious academies concentrated in Wirye New Town secures an excellent study environment. Additionally, nearby are Yeongjangsan Mountain, Bokjeong-dong Fountain Plaza, Wirye History Waterfront Park, and Wirye Neighborhood Park, providing excellent livability and leisure opportunities.

The internal design of the complex is also expected to be excellent. Composed solely of the highly preferred 84㎡ exclusive area, it is anticipated that all units will be equally popular. The layout mainly consists of 4-bay slab-type units, with specialized designs applied according to type to maximize resident satisfaction.

‘Seongnam Bokjeong 1 District B3 Block’ is a private pre-sale within a public housing site, and to receive priority supply in the pre-subscription, applicants must reside in Seongnam City as of the resident recruitment announcement date. Based on this project, those residing in Seongnam City as of November 2022 qualify for priority supply.

Since the pre-subscription period is 1 to 2 years longer until move-in compared to the general subscription, it provides more time to prepare funds. Even if selected, applicants are not obligated to participate in the main subscription, and if they give up their pre-subscription winning status, they can apply for other subscriptions later without restrictions, offering flexibility to buyers.

Meanwhile, the pre-subscription for ‘Seongnam Bokjeong 1 District B3 Block’ will begin with first priority local applications on Monday, November 28, followed by first priority others on Tuesday, November 29, and second priority on Wednesday, November 30. After the pre-subscription winners are announced on Tuesday, December 6, pre-sale contracts will be signed from Saturday, December 17 to Wednesday, December 21. The main subscription is scheduled for November 2023, with move-in planned for October 2026.

Pre-subscription applications are primarily accepted online through the Korea Real Estate Board’s Subscription Home website, but for information-vulnerable groups (elderly, disabled), general supply applications can be submitted at the subscription bank, and special supply applications can be submitted in person at locations separately designated by the project owner.