- Exclusive 99㎡ Type Achieves Highest Competition Rate of 10 to 1, Average Competition Rate 1.28 to 1
- Official Contracts from July 3 to 5... Move-in Scheduled for January 2026
The new apartment complex in Yangyang, Gangwon Province, attracting attention due to various development prospects, ‘Yangyang Kumho Eoullim The First,’ will proceed with document submission for winners from the 23rd to the 26th, following the announcement of winners on the 22nd.
Despite the real estate market downturn, ‘Yangyang Kumho Eoullim The First’ successfully closed its first and second priority subscription rounds with a competition rate of up to 10 to 1.
Developed by Korea Asset Trust and constructed by Kumho Construction, ‘Yangyang Kumho Eoullim The First’ is located in the Yangyang-gun area of Gangwon Province. It consists of five buildings ranging from two basement floors to 26 floors above ground, with a total of 279 units sized between 59 and 129 square meters. The official contract signing will take place over three days from July 3rd to 5th.
As a result of the first and second priority subscription held on the 15th and 16th, 315 subscription applications were received for 246 units (excluding special supply), recording an average competition rate of 1.28 to 1. Notably, the 99㎡ type recorded the highest competition rate of 10 to 1 in the first priority round.
A sales representative for ‘Yangyang Kumho Eoullim The First’ stated, “The proximity to the Seoul?Yangyang Expressway offers excellent access to Seoul, and the anticipated development benefits such as the Donghae Northern Line Yangyang Station (planned) have been highly valued for their future potential, which is reflected in the subscription results. Additionally, the location’s closeness to all school districts and administrative offices, innovative floor plans maximizing space efficiency, and the first-ever application of individual storage units for every household in Yangyang have also captured the interest of homebuyers.”
- A new apartment in Yangyang-gun with outstanding future value due to various development prospects including the Donghae Northern Line Yangyang Station (planned)!
‘Yangyang Kumho Eoullim The First’ is expected to benefit from various development projects. First, the Donghae Northern Line Yangyang Station (planned) is scheduled to open soon. The Donghae Northern Line is a 111.7 km single-track railway connecting Gangneung, Yangyang, Sokcho, Goseong, and Jejin. The Yangyang Station (planned) will be located in the Songam-ri area of Yangyang-eup, adjacent to the Yangyang Intercity Bus Terminal, which is expected to further improve the transportation environment. Additionally, the Yangyang Police Station is scheduled to begin construction this year in the area.
Benefits are also expected from the lifting of restrictions in the Naksan Provincial Park area. In 2020, Gangwon Province permitted construction in the commercial zone of this area with a building coverage ratio of up to 80% and a floor area ratio of up to 1300%. This new construction permission will lead to the development of various commercial facilities nearby, further enhancing residential convenience in the future.
The development of the ‘Seoraksan Osaek Cable Car’ also draws attention. Yangyang-gun announced that after the Ministry of Environment conditionally approved the environmental impact assessment supplement for the Osaek Cable Car project at the end of February, detailed design work commenced immediately and is expected to be completed within this month. The ‘Seoraksan Osaek Cable Car’ aims to begin operation in early 2026.
- 90 minutes to Seoul... Natural residential environment and excellent education and living conditions attract attention
Excellent access to Seoul is also notable. The ‘Yangyang Kumho Eoullim The First’ is located near the Seoul?Yangyang Expressway, allowing travel to Seoul by car in about 90 minutes. Additionally, it is close to the Donghae Expressway, National Route 7, and National Route 44, making travel to major cities nationwide convenient. Yangyang International Airport and Yangyang Intercity Passenger Terminal are also nearby, providing easy access.
The natural-friendly residential environment stands out. ‘Yangyang Kumho Eoullim The First’ is situated near the Namdaecheon River and Seoraksan National Park. The Namdaecheon River has been restored through the Renaissance Project, reviving the natural ecosystem and becoming a space for residents’ exercise and relaxation. Nearby are also numerous parks and sports facilities, including Yangyang Sports Complex, Hyunsan Park, Salmon Ecology Park, and Namdaecheon Sports Park.
There is abundant infrastructure integrating education, administration, and daily life. Yangyang Elementary School is located right next to the complex, allowing young children to walk to school safely. Yangyang Middle School and Yangyang High School are also within walking distance. Furthermore, various administrative offices such as Yangyang County Office, courts, administrative welfare centers, health centers, and cultural welfare halls, as well as commercial facilities like Yangyang Market and Hanaro Mart, are conveniently accessible.
Innovative floor plans are also introduced. The 59㎡ units in ‘Yangyang Kumho Eoullim The First’ will include an alpha room to enhance the practicality of living space. The 84㎡ units will feature four rooms to maximize individual space for homebuyers.
Meanwhile, the move-in for ‘Yangyang Kumho Eoullim The First’ is scheduled for January 2026.
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