Bunsangje Apartment 'Wonju Innovation City Useunghanedeul The Sky' Draws Attention

- Private apartment prices up 11.66% in one year
- Apartments in Wonju Innovation City subject to price ceiling system

Recently, with the acceleration of price increases in apartment sales, apartments subject to the price ceiling system have been gaining attention. It is expected that homebuyers seeking to purchase their own homes at reasonable prices will focus their interest on these apartments.

According to the Housing and Urban Guarantee Corporation (HUG), as of the end of October this year, the average sale price per 3.3㎡ of private apartments nationwide was 16,810,200 KRW. This represents an 11.66% increase compared to one year ago. In particular, prices in provincial areas have risen even more steeply. During the same period, the average sale price of private apartments in provincial areas surged by 13.88%.

This upward trend in sale prices is expected to continue for the time being. This is due to the steady rise in prices of materials such as cement and rebar. Additionally, from next year, construction costs are projected to increase by about 30% due to the mandatory application of zero-energy building standards.

In this environment, homebuyers are turning their attention to apartments under the price ceiling system. These apartments are characterized by being supplied at prices lower than the surrounding market prices. Therefore, not only is it possible to purchase a home at a reasonable price, but there is also potential for capital gains from future increases in housing prices. Especially recently, with the easing of real estate regulations, the number of places subject to the price ceiling system has sharply decreased, increasing their scarcity value.

Real estate experts explain, “In this era of high inflation, as sale prices rise rapidly, the movement of homebuyers seeking apartments priced reasonably under the price ceiling system is becoming active. Particularly, apartments under the price ceiling system in provincial areas are evaluated more highly in the housing market because they are exempt from various regulations such as 2-3 years of mandatory residence and 6 months of resale restrictions, which apply in the metropolitan area.”

- Only some units of 115㎡ remain... Financial benefits such as contract deposit loan support and interim payment loan interest support are added

Meanwhile, the new apartment complex ‘Wonju Innovation City Useunghannaedeul The Sky’ in Wonju, Gangwon-do, which has been priced reasonably, is attracting attention. The Wonju Innovation City, where the complex is located, is a public land development district where the price ceiling system is applied. Also, the sale price has already been set, so there is no need to worry about price increases due to rising construction costs.

‘Wonju Innovation City Useunghannaedeul The Sky’ is located in Block 2 of the mixed-use land in Wonju Innovation City, Gangwon-do. It consists of three buildings ranging from two basement floors to 39 floors above ground, with a total of 386 units, all of which are medium to large-sized units with high scarcity value. The housing types are △ 95㎡: 71 units △ 115㎡A: 210 units △ 115㎡B: 105 units.

Among these, all 95㎡ units have been sold out, and only some units of the 115㎡ type remain. This is the result of high evaluations from homebuyers due to the competitively priced sale price and the excellent location conditions of the innovation city.

The Wonju Innovation City where the complex is located offers abundant jobs and solid residential conditions. It houses 12 public institutions including the National Health Insurance Service, Korea Tourism Organization, Environmental Agency, and Korea Forest Service. It is conveniently accessible via KTX Wonju Station and the Namwonju IC of the Jungang Expressway. It is also convenient to use facilities in downtown Wonju such as Homeplus, Hanaro Mart, Megabox, and Wonju Severance Hospital. The complex is near schools for all age groups including Beodeul Elementary, Beodeul Middle, Bangok Middle, Yeongseo High, and Chiak High, providing a safe school commute environment.

The complex also boasts a pleasant residential environment. Right in front of the complex flows the Wonju Stream, and the Wonju Stream Waterfront Park, which features about 10 km of walking trails and exercise equipment, is nearby. Additionally, views of Chiaksan and Baegunsan Mountains are available, and green spaces such as Dumul Waterfront Park, Beodeulman Park, Garaesil Park, and Sambo Park are also provided in the vicinity.

‘Wonju Innovation City Useunghannaedeul The Sky’ applies specialized designs that enhance residential quality. First, the complex features a super high-rise design up to 39 floors and three-sided openings, allowing residents to enjoy panoramic views of the Wonju Stream from within the complex. Also, a 5Bay (partial) design maximizes openness. Each unit is equipped with large pantries and practical dressing rooms for storage, and trendy customized interiors are available through paid options.

Financial benefits for contract holders are also noteworthy. ‘Wonju Innovation City Useunghannaedeul The Sky’ offers contract deposit loan support of 5% and interim payment loan interest support of 60%. This is expected to alleviate the financial burden of real buyers who are struggling with high interest rates.

Meanwhile, the model house for ‘Wonju Innovation City Useunghannaedeul The Sky’ is located in Bangok-dong, Wonju-si, Gangwon-do, and the move-in is scheduled for October 2025.