The first supply complex in a large-scale housing development district attracts the attention of buyers due to its high rarity. This is because buyers can fully enjoy the rising future value as development progresses.
In particular, supply complexes in the early stages of large-scale housing development districts, which are often undervalued, tend to have relatively low pre-sale prices. Therefore, by securing a unit at a reasonable price, buyers can enjoy the future value brought by development and even expect capital gains. Additionally, as the abundant infrastructure of systematically developed large-scale housing districts expands, residential satisfaction improves, further increasing the value.
For example, ‘Dongtan Station Shibeom Hoban Summit’ received high attention as the first pre-sale complex in Dongtan 2 New Town, Hwaseong, Gyeonggi Province. According to the Ministry of Land, Infrastructure and Transport’s actual transaction price data, an 84㎡ unit in this complex was traded at 475 million KRW in November 2015 when residents moved in, and by May this year, it was traded at 923 million KRW, more than doubling in price.
‘Gwacheon Jade Xi,’ the first supply complex in Gwacheon Knowledge Information Town, also attracted attention due to its rarity. At the time of pre-sale, a 59㎡ unit was sold for about 540 million KRW, but in March this year, it was traded at 950 million KRW. Although less than two years have passed since residents moved in, the market price has nearly doubled compared to the pre-sale price.
A real estate expert said, “If you secure a unit in the first supply complex of a large-scale housing development district, the value will significantly increase by the time development is completed, allowing you to expect capital gains. Also, since transportation, education, and convenience facilities are planned systematically, residential satisfaction is excellent.”
Meanwhile, Hyundai Engineering is making headlines by introducing the first supply complex in Cheomdan 3 District. The protagonist is ‘Hillstate Cheomdan Central.’ The complex is a large-scale development with 20 buildings ranging from one basement floor to 20 floors above ground, totaling 1,520 households, all composed of the highly preferred exclusive area of 84㎡.
Cheomdan 3 District, where Hillstate Cheomdan Central will be located, is being developed as an AI-based advanced city. First, a world-class national artificial intelligence data center and the National Cardiovascular Center are planned to be established. Additionally, a total of 7,576 households of multi-family housing are scheduled to be supplied by 2025, and commercial facilities will be systematically developed. Upon completion, it is expected to serve as a high-quality self-sufficient city backed by a research and development special zone.
High expectations are also placed on the premium Hillstate brand, which represents Korea. Hillstate has ranked first in brand reputation index for over 50 consecutive months from 2019 to 2023 and won first place in the 2023 Korea Brand Star in the multi-family housing category, making it a premium apartment brand.
Hillstate Cheomdan Central will apply innovative designs befitting this luxury brand. The complex is arranged mainly facing south, considering lighting, sunlight, ventilation, and wind paths. Storage spaces are provided throughout the home to increase space utilization, and a shared storage room is planned in the common hall.
Moreover, various community facilities such as a single-person study room, small library, shared office, screen golf, GX room, fitness center, and private shower rooms will be provided.
Meanwhile, the complex is subject to the pre-sale price ceiling system, so a reasonable pre-sale price compared to surrounding market prices is expected, making it an excellent opportunity for actual buyers to own a home. Both homeowners and non-homeowners, including household heads and members, can apply in the first priority, and there are no residency restrictions, so anyone nationwide can apply.
The model house for Hillstate Cheomdan Central is currently operating and is scheduled to open in August.
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