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Opening of Lotte Castle Nextiel Model House in Geomdan New Town... Sales Start from the 10th

Lotte Construction opened the model house for ‘Geomdan New Town Lotte Castle Nextiel,’ located in Geomdan New Town, Wondang-dong, Seo-gu, Incheon, on the 6th, and has begun full-scale sales.

Opening of Lotte Castle Nextiel Model House in Geomdan New Town... Sales Start from the 10th

This complex will be developed with 4 buildings ranging from 2 basement floors to a maximum of 29 floors above ground, comprising a total of 372 households with exclusive areas of 84 to 108㎡. The number of units by type is △84㎡A (134 units) △84㎡B (26 units) △84㎡C (106 units) △84㎡D (50 units) △108㎡A (56 units).


‘Geomdan New Town Lotte Castle Nextiel’ boasts an excellent location even within Geomdan New Town. In particular, as it will be developed as a super-station area complex near the newly extended Incheon Subway Line 1 station (tentatively named Station 101, scheduled for 2025), it is expected to offer outstanding accessibility to Seoul and downtown Incheon.


Additionally, this complex offers excellent residential convenience with a large-scale central commercial district. It belongs to the ‘Next Complex,’ a specialized zone in Phase 1 of Geomdan New Town, where residential facilities, various cultural assembly facilities, and large-scale commercial facilities are developed in a mixed-use manner. Nearby, the Incheon Legal Town (scheduled for 2025) will be established, enhancing future value. The Gyeyangcheon Stream flows right in front of the complex, and numerous green spaces such as Ara Central Park are adjacent, allowing residents to conveniently enjoy leisure, walks, and relaxation.


It also has an excellent educational environment. Incheon Aram Elementary School, Incheon Ieum Elementary School, Incheon Ieum Middle School, and Wondang High School are nearby, and the Incheon English Village and the central commercial district’s academy area are also close, attracting strong interest from families with children.


Lotte Construction’s unique specialized design stands out as well. The layout mainly faces south and applies a 4-bay slab-type floor plan (except for some units) that allows cross ventilation, enhancing openness, lighting, and airflow. Each type includes alpha rooms, dressing rooms, and pantry spaces in the entrance and corridors to expand storage space and usability.


Moreover, within the complex, diverse landscaping such as Park Avenue, Play Garden, and Welcome Forest is provided, along with the Castleian Center community, which consists of a daycare center and fitness facilities, further enhancing residents’ living convenience.


A Lotte Construction official stated, "This complex is expected to attract much interest as it applies the price ceiling system, offering price competitiveness compared to surrounding market prices. As the first Lotte Castle apartment developed in Geomdan New Town, we will strive to make it a representative complex of the Geomdan area."


The subscription schedule for ‘Geomdan Lotte Castle Nextiel’ begins with special supply on the 10th, followed by first-priority subscription on the 11th and second-priority subscription on the 12th. Winners will be announced on the 18th, and the official contract period will be held for four days from the 30th to the 2nd of the following month.


First-priority subscription is open to residents aged 19 or older living in Incheon Metropolitan City, Seoul Special City, and Gyeonggi Province who have held a subscription savings account for more than one year and meet the deposit requirements by region and area. Both household heads, household members, and homeowners are eligible. Winners will be selected with 50% allocated to Incheon and 50% to the metropolitan area (Seoul, Gyeonggi), and there is no restriction on re-winning.


The model house is located in Mok-dong, Yangcheon-gu, Seoul Special City.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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