- New 'I-Park' Brand Complex Offering Rare Waterfront Life Experience in Chuncheon City
- High Potential to Become a Landmark with Unique Brand Premium and Strong Preference in Gangwon
"You have no idea how eagerly we've been counting down to the pre-sale. With such a great brand apartment being supplied in one of the best locations in Chuncheon City, local residents are showing considerable interest," said a representative from S Real Estate Agency in Chuncheon City.
In June, marking the finale of the first half of the pre-sale market, HDC Hyundai Development Company will supply a newly enhanced 'IPARK' brand apartment through 'Chuncheon Lake City IPARK' in Chuncheon City, Gangwon Province.
As this is an opportunity to leave a positive impression of the brand on local residents, HDC Hyundai Development Company is expected to apply a significantly differentiated design in 'Chuncheon Lake City IPARK' compared to existing complexes supplied not only in Chuncheon but also across Gangwon Province.
This is because large construction companies tend to carefully consider location and product quality to enhance their brand image.
HDC Hyundai Development Company is particularly attentive when supplying new pre-sale complexes in Gangwon Province. Since introducing 'Wonju Bangok IPARK' in Wonju City in 2006, they have attracted attention by presenting upgraded 'IPARK' brand apartments in 'Chuncheon Janghak IPARK,' 'Sokcho Cheongho IPARK,' 'Donghae IPARK,' 'Gangneung IPARK,' and 'Sokcho 2nd IPARK,' featuring improvements in exterior, landscaping, community facilities, and interior design.
Therefore, the 'IPARK' brand apartments in Gangwon Province have proven to be complexes that command a premium. For example, in April 2022, a 105.82㎡ unit in 'Gangneung IPARK' was sold for 760 million KRW, setting a new record high, and an 84.99㎡ unit in the same complex was sold for 635 million KRW in June of the same year.
Also, an 84.94㎡ unit in 'Sokcho Cheongho IPARK' was sold in May this year for 450 million KRW, up from the previous transaction price of 390 million KRW, demonstrating the steadfast 'IPARK' brand premium despite the market downturn.
Accordingly, local residents expect that the 'Chuncheon Lake City IPARK' scheduled for pre-sale in June is highly likely to emerge as a landmark complex that influences local market prices. This is because the complexes previously supplied by HDC Hyundai Development Company in Gangwon Province are all equipped with differentiated features in location and product quality without any shortcomings.
'Chuncheon Lake City IPARK' to once again showcase the 'IPARK' brand premium
Scheduled for pre-sale in June, 'Chuncheon Lake City IPARK' will be supplied by HDC Hyundai Development Company in Samcheon-dong, Chuncheon City, Gangwon Province. The complex will consist of 7 buildings ranging from 3 basement floors to a maximum of 32 floors above ground, with a total of 874 units sized between 63 and 138㎡. It offers a variety of floor plans, including the popular standard size (84㎡), as well as small to large units, allowing families to choose according to their lifestyle.
This complex has secured a prime location in Chuncheon City, akin to a treasure. It is adjacent to green spaces such as Samcheon-dong Ecological Experience Park, Uiam Park, Gongjicheon Stream, and Uiam Lake. Some units offer views of the waterfront and parks, and residents can enjoy a pleasant residential life with leisure facilities like waterfront walking paths and exercise equipment.
Residents can use Chuncheon Station and Namchuncheon Station on the Gyeongchun Line, enabling travel to Seoul Cheongnyangni Station within about an hour. By car, access to Chuncheon IC and Namchuncheon IC is convenient. Using the Jungang Expressway and Seoul-Yangyang Expressway allows easy access to Seoul and the metropolitan area.
Large supermarkets such as Lotte Mart Chuncheon Branch and E-Mart Chuncheon Branch are located within 1 km of the complex, providing a convenient shopping environment. Administrative and medical facilities such as Chuncheon City Hall, Chuncheon District Court, Chuncheon Police Station, Gangwon National University Hospital, and Hallym University Chuncheon Sacred Heart Hospital are also accessible. Educational facilities including Chuncheon City Youth Library, Namchuncheon Elementary School, Namchuncheon Middle School, Namchuncheon Girls' Middle School, Chuncheon Middle School, and Chuncheon High School are located nearby.
The complex also offers proximity to workplaces. The Chuncheon Urban High-tech Information Industrial Complex is nearby, along with Legoland Korea Resort, Hupyeong General Industrial Complex, and Naver Urban High-tech Industrial Complex.
Thus, 'Chuncheon Lake City IPARK' not only boasts excellent living conditions but also secures investment value. Chuncheon City has supplied only 1,180 new units in the past three years, resulting in a shortage of new apartments. Chuncheon is a non-regulated area, allowing applicants to apply for first-priority subscription after only six months of subscription to the housing subscription savings account. Multi-homeowners and household members can also qualify as first-priority applicants.
HDC Hyundai Development Company's 'Chuncheon Lake City IPARK' is scheduled for full-scale pre-sale in June.
Meanwhile, HDC Hyundai Development Company has selected local creators who actually live in Chuncheon and are creating their own Chuncheon life as radio advertisement models for 'Chuncheon Lake City IPARK' to support them. The model house will also host one-day classes where local creators introduce their Chuncheon life, making it a space full of attractions and entertainment.
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