[2024 Housing Culture] Songdo Mammoth-Scale Large Complex 'Songdo Xi Punggyeongchae Grenoble'

GS Construction Launches First Complex Sale in Songdo District 11

GS Construction is supplying 'Songdo Xi Punggyeongchae Grenoble' in Songdo for the first time in two years, consisting of a large complex with 3,270 households. Songdo Xi Punggyeongchae Grenoble is a project that integrates the development of five complexes, consisting of 23 buildings (21 apartment buildings and 2 officetel buildings) ranging from two basement floors to a maximum of 47 floors above ground, totaling 3,270 households. It includes 2,728 apartments with exclusive areas of 84 to 208㎡ and 542 officetel units with an exclusive area of 39㎡.

Located in the area of 551-1, Songdo-dong, Yeonsu-gu, this apartment complex has attracted the attention of buyers due to its reasonable price compared to recently supplied complexes and nearby market prices, as well as being the first complex supplied in the largest district 11 of Songdo. The model house for Songdo Xi Punggyeongchae Grenoble was visited by about 20,000 people within four days after its opening on the 29th of last month. The average sale price of Songdo Xi Punggyeongchae Grenoble is 24.2 million KRW per 3.3㎡.

Excellent educational environment and living infrastructure are also among the strengths of the complex. It is close to Yonsei University International Campus, Incheon Global Campus (State University of New York, George Mason University, Ghent University, University of Utah). Additionally, Inha University Open Innovation Campus (Inha University Songdo Campus) is adjacent to the site. Songdo Severance Hospital with 800 beds will be built within walking distance.

Large shopping facilities such as Homeplus, Hyundai Premium Outlet (Songdo branch), and Triple Street are also conveniently accessible. Access to Aam-daero, which connects to the 2nd Gyeongin Expressway, 3rd Gyeongin Expressway, and Yeongdong Expressway, is convenient via Incheon New Port-daero and Songdo Bio-daero. Using Songdo Science-ro, it is easy to move throughout Songdo.

The winning bidders for Songdo Xi Punggyeongchae Grenoble will proceed with the official contract signing for seven days from the 1st to the 7th of next month. The down payment is divided into two installments of 10%, with the first installment being 5%, reducing the initial financial burden. The resale restriction period is six months, and all types offer free balcony expansion benefits. The move-in for complexes 1 and 2 is scheduled for June 2027, and for complexes 3, 4, and 5, it is scheduled for April 2028.