- Popularity of Exclusive 84㎡ Continues Even in the Frozen Real Estate Market
- Attention on the 2nd Phase Sale of ‘Gunsan Gyeongnam Honorsville The Ocean’ Presented with SM Gyeongnam Enterprise's Excellent Product Quality
As the real estate market experiences prolonged mixed trends due to interest rate hikes and increases in basic construction costs, the 84㎡ exclusive area type, known as the "Gukminpyeong" (National Standard Size), continues to show strong popularity in the sales market.
According to data from Real Estate R114, the average competition rate for the 84㎡ exclusive area among complexes supplied nationwide last year was 14.87 to 1. This exceeds the overall competition rate (1st and 2nd priority) of 10.69 to 1. In particular, the number of applicants for the 84㎡ exclusive area reached 608,262, accounting for about 49% of the total applicants (1st and 2nd priority) of 1,251,286. Nearly half of the applicants prefer the 84㎡ exclusive area.
In fact, the 84㎡ type has demonstrated excellent performance in the subscription market.
According to Korea Real Estate Agency's Apply Home, in January, the "Changwon Lotte Castle Forest" in Changwon City, Gyeongnam, received 1,918 applications for 20 units of the 1BL 84㎡D type, resulting in a competition rate of 95.9 to 1. Additionally, the 2BL 84㎡D recorded the highest competition rate of 98.76 to 1, reflecting the high popularity of the Gukminpyeong. Furthermore, in March last year, the "Pohang Xi The Ocean" in Buk-gu, Pohang City, recorded a highest competition rate of 161.37 to 1 with 5,648 applicants for 35 units of the 84㎡B type in the first priority subscription.
Recently, the preference for the 84㎡ type has been increasing as construction companies apply specialized designs such as balcony expansions, dressing rooms, and alpha rooms, providing ample storage space relative to the area, making the effective usable space comparable to that of larger units. Moreover, based on a solid demand base, the Gukminpyeong is expected to maintain steady demand due to its higher liquidity compared to other area types even in a declining market.
An industry insider stated, "The 84㎡ type apartments recently built are designed to offer similar space utilization and openness as larger types, and their prices are relatively affordable, making them highly preferred among actual users. Especially, due to abundant demand and active transactions, their liquidity is excellent, attracting continuous interest not only from actual users but also from investors."
Meanwhile, SM Gyeongnam Enterprise announced the second phase of sales for "Gunsan Gyeongnam Honorsville The Ocean" located in Jochon-dong, Gunsan City, Jeollabuk-do.
The complex will consist of 11 buildings ranging from 5 basement floors to 29 above-ground floors, with a total of 873 units of 84㎡ and 105㎡ exclusive areas. Except for three 105㎡ penthouse units, all units are composed of the highly preferred single 84㎡ type.
Gunsan Gyeongnam Honorsville The Ocean boasts excellent product quality as it is constructed by SM Gyeongnam Enterprise, which has extensive know-how. The floor plans of the 84㎡ units, favored by actual users, are designed mainly facing south to maximize sunlight and daylight. All units feature a 4Bay structure, offering excellent views and space utilization. Inside, ample storage spaces such as pantries and dressing rooms are also provided separately.
The complex also offers diverse community facilities. In addition to family-oriented facilities such as a kids club (daycare) and senior club (senior center), high-quality resident communal facilities including a fitness center, golf practice range, guest house, and a small library will be available for residents.
Outstanding living infrastructure is also noteworthy. Gunsan Gyeongnam Honorsville The Ocean is located within approximately 300 meters of the "The Ocean City" living zone, close to large shopping facilities such as Lotte Mall and E-Mart, as well as convenience facilities including Dong Gunsan Hospital, Gunsan Education and Culture Center, and the Administrative Welfare Center. Notably, Jochon-ro (Richway), where the complex is situated, connects The Ocean City to the administrative town and various living infrastructures, and the opening of Jeonbuk National University Hospital is scheduled for 2027, which is expected to further enhance residential comfort.
The complex also offers abundant natural surroundings and a prime school district location. Residents can easily visit green spaces such as the Geum River, Gunsan offshore sea, Gunsan Lake, and Wolmyeong Sports Complex, allowing for a healing lifestyle within the city. Additionally, it provides a one-stop school district location with walking access to Kyungpo Elementary School, Gunsan Dong Elementary School, and Gunsan Jeil Middle and High Schools.
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