Amid a nationwide real estate market downturn, Jeil Construction's 'Jeju Jungbu Park Jeil Punggyeongchae Central Park' is drawing attention as it leads the Jeju real estate market.
The model house of Jeju Jungbu Park Jeil Punggyeongchae Central Park is reportedly seeing a steady stream of visitors. From newlyweds to middle-aged and older adults, a diverse range of age groups are visiting, carefully examining the units and models, and actively engaging in contract consultations, showing great interest.
One visitor who toured the model house said, "As Jeju's first Jeil Punggyeongchae and the first private park special project apartment, and the first new construction in Old Jeju in 14 years, it attracted a lot of attention. After seeing it in person, there is nothing lacking in terms of product aspects such as parking spaces, building exterior, floor plans, and landscaping. Additionally, there are various benefits that reduce financial burdens, so I am seriously considering signing a contract."
In response to the enthusiastic support from buyers, Jeju Jungbu Park Jeil Punggyeongchae Central Park recently offered generous benefits. The most notable change is the dramatic shift from the existing deferred interest payment system on interim payments to an interest-free interim payment condition. With the high-interest rate trend expected to continue, this change presents a great opportunity for buyers who had hesitated to sign contracts to secure their homes.
Furthermore, Jeju Jungbu Park Jeil Punggyeongchae Central Park offers a fixed first deposit of 10 million KRW, a second deposit of 5% (with interest support if financed or self-paid), and free balcony expansion benefits, significantly easing buyers' financial burdens.
Particularly noteworthy to buyers is the reasonable sale price of this complex. The average sale price per 3.3㎡ is 24.25 million KRW, which is lower than last year's average sale price of private apartments in Jeju (25.74 million KRW), and is set at a reasonable level of around 700 million KRW for an 84㎡ exclusive area unit.
In addition, Jeju Jungbu Park Jeil Punggyeongchae Central Park plans to provide two shuttle buses free of charge for children's safe commuting and seasonal storage spaces for each household to store bulky daily necessities or seasonal items.
A real estate expert in Jeju said, "The Odeungbong Park private park special project has been delayed due to legal disputes, causing buyers waiting for new apartments to flock to Jungbu Park. Even if the Odeungbong Park project gains momentum again, the price difference is expected to remain significant."
Meanwhile, Jeju Jungbu Park Jeil Punggyeongchae Central Park, built by Jeil Construction, consists of 12 buildings ranging from four basement floors to 15 above-ground floors, with a total of 728 households and exclusive areas ranging from 66 to 124㎡. The number of units by exclusive area is ▲84㎡A 130 units ▲84㎡B 87 units ▲84㎡C 231 units ▲119㎡A 102 units ▲119㎡B 28 units ▲124㎡ 75 units.
Jeil Construction has significantly enhanced the product completeness of Jeju Jungbu Park Jeil Punggyeongchae Central Park, befitting its reputation as Jeju's first Jeil Punggyeongchae brand complex. Most types feature a 4Bay slab-type structure, with the complex oriented mainly southward to secure abundant sunlight and pleasant park views. Additionally, various storage spaces such as dressing rooms and pantries are added by type to increase space utilization. Notably, the large 119㎡B type includes a study, and the 119㎡A and 124㎡ types have additional alpha rooms. The alpha room in the 124㎡ unit can also be configured as an additional pantry through options.
Within the complex, four nature-themed gardens?Flower Garden, Water Maru, Stream Garden, and Healing Garden?along with Harmony Plaza and Pocket Gardens, are beautifully arranged throughout. Notably, Jeil Construction Co., Ltd. won the grand prize in the 'Complex Landscaping' category at the 2023 second half Hankyung Residential Culture Awards, raising expectations for the high completeness of the landscaping facilities at Jeju Jungbu Park Jeil Punggyeongchae Central Park.
Matching the scale of a large complex with over 500 households, various large community facilities such as a fitness center, GX room, sauna, single-person study rooms, indoor golf practice range, lounge caf?, and coin laundry will be provided.
Ample parking space is another advantage. A total of 1,331 parking spaces have been secured, making it the first and largest scale in the Jeju area. Except for parking for neighborhood living facilities, all parking is underground, creating a car-free park-style apartment on the surface.
The model house of Jeju Jungbu Park Jeil Punggyeongchae Central Park is located in Donam-dong, Jeju City.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
