Interest rises in subscription for 'Geomdan New Town Lotte Castle Nextiel'... 1st priority subscription on the 11th

- Anyone aged 19 or older living in Incheon and the Seoul metropolitan area can apply for first-priority subscription
- Special supply on the 10th, first-priority subscription on the 11th... Winners announced on the 18th

[Photo: Image of the model house of Lotte Castle Nextiel in Geomdan New Town]

Lotte Construction opened a model house on the 6th and officially started sales for 'Geomdan New City Lotte Castle Nextiel,' attracting significant attention from buyers. It is analyzed that the high popularity continues due to its symbolism as the first Lotte Castle brand apartment in Geomdan New City, excellent product design, outstanding location conditions even within Geomdan New City, and price competitiveness resulting from the application of the price ceiling system.

Geomdan New City Lotte Castle Nextiel is being developed on Block RC1 of Phase 1 in Geomdan New City, consisting of 4 buildings with 2 basement floors and up to 29 floors above ground, totaling 372 units with exclusive areas of 84㎡ and 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.

In fact, Geomdan New City Lotte Castle Nextiel introduces various specialized designs befitting its symbolism as the first Lotte Castle brand complex in Geomdan.

Along with a south-facing layout, a floor plan mainly consisting of 4-bay slab-type units (except some) that allow cross ventilation has been applied to enhance openness, lighting, and ventilation. By type, alpha rooms, dressing rooms, entrance and corridor pantries have been introduced to expand storage space and usability.

Additionally, within the complex, diverse landscaping such as Park Avenue, Play Garden, and Welcome Forest is provided, along with a high-quality community including the Castleian Center composed of fitness and GX rooms, and a daycare center, which is expected to further enhance residents' living convenience.

Moreover, the excellent location conditions within Geomdan New City stand out. In particular, it is being developed as a super-station area complex within a 4-minute walk from the newly established extension station (tentatively named Station 101, scheduled for 2025) on Incheon Subway Line 1, promising outstanding accessibility to Seoul and Incheon city centers.

Furthermore, a large-scale central commercial district is nearby, and large marts such as Lotte Mart, E-Mart Traders, and Homeplus are close, providing excellent residential convenience. In front of the complex lies the Gyeyangcheon Riverside Park, and multiple green spaces such as Ara Central Park and Dumulmeori Park are adjacent, allowing residents to conveniently enjoy leisure, walks, and relaxation.

In addition, Incheon Aram Elementary School, Incheon Ieum Elementary School, Incheon Ieum Middle School, and Wondang High School are nearby, along with planned public kindergartens, Incheon English Village, and academy districts in the central commercial area, enabling school-age children to enjoy an excellent educational environment.

Also, since the price ceiling system is applied, the price competitiveness compared to surrounding market prices draws attention. The actual sale price of the complex is reasonably set from the 490 million KRW range to the 580 million KRW range for the 84㎡ exclusive area. Compared to the same area in nearby complexes, which are transacted at mid to high 600 million KRW to up to 730 million KRW, this is more than 200 million KRW lower at maximum.

Meanwhile, the subscription schedule for Geomdan New City Lotte Castle Nextiel, which continues to attract interest, starts with special supply on the 10th (Tuesday), followed by first priority subscription on the 11th (Wednesday), and second priority subscription on the 12th (Thursday). Winners will be announced on the 18th (Wednesday), and official contracts will be signed over four days from October 30th (Monday) to November 2nd (Thursday).

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 are selected with 50% allocated to Incheon and 50% to the metropolitan area (Seoul, Gyeonggi), providing ample chances to win, and there is no re-winning restriction.

The model house for Geomdan New City Lotte Castle Nextiel is located in Mok-dong, Yangcheon-gu, Seoul Special City, and move-in is scheduled for April 2026.