5% Deposit Interest Support and Full Interest-Free Benefits on Interim Payments... 'ePyeonhansesang Heyri'

- No additional costs until move-in with a down payment of about 20 million KRW
- Benefits include full interest-free interim payments and free balcony expansion... Currently selling on a first-come, first-served basis

With the unprecedented 'six consecutive' base rate hikes, residential complexes offering financial benefits are drawing attention. Recently, as high interest rates coincide with loan regulations, the appeal of complexes that reduce financial burdens for buyers?such as reduced down payments and interest-free interim payments?has increased significantly.

DL Construction's 'e-Pyeonhansesang Heyri,' located in Tanhyeon-myeon, Paju-si, Gyeonggi-do, is a prime example. The complex offers full interest-free benefits on interim payments and has recently changed its down payment terms. Buyers only need to pay half of the 10% down payment, which is 5%, while the remaining 5% can be financed through an interest-free loan.

This allows buyers to secure their homes by paying a down payment of around 20 million KRW without additional financial burdens until move-in. For the 5% down payment, a fixed first installment of 5 million KRW is provided, giving buyers more time to prepare initial funds.

Additionally, the complex offers reasonable prices compared to surrounding market rates, and since balcony expansion fees are free, the actual cost savings for buyers are expected to be even greater. The absence of a mandatory residence period is also noteworthy.

Meanwhile, e-Pyeonhansesang Heyri is being developed with 8 buildings ranging from 3 basement floors to a maximum of 25 floors above ground, comprising a total of 1,057 units with a net area of 84㎡. Currently, sales are on a first-come, first-served basis, allowing buyers to select their preferred building and unit number. Contracts can be made regardless of subscription savings account status, residential area restrictions, or home ownership.

Paju-si, Gyeonggi-do, where the complex is located, is attracting attention due to ongoing corporate investments such as LG Innotek's factory expansion. In fact, LG Innotek is reportedly planning a new expansion of its Time-of-Flight (ToF) 3D sensing module production in Paju to target the growing extended reality (XR) market. The new factory is scheduled for completion in 2024.

LG Display's investments are also continuing. Last year, LG Display announced a new facility investment worth 3.3 trillion KRW by 2024 to secure production capacity for small and medium-sized OLEDs. This investment will be used to expand OLED production at the Paju plant. With such large-scale investments by major corporations, strong residential demand, including for proximity to workplaces, is expected to be secured.