- Expect up to 500 million KRW capital gains with price ceiling system... Perfect subscription points also anticipated
- Daebang Industrial Development targets single-person households and newlyweds with small-sized units
As apartment sale prices continue to rise steadily, the threshold for owning a home is gradually increasing. According to the Korea Real Estate Subscription Home, the pre-sale price of reconstruction apartments in northern Seoul has surpassed 50 million KRW per pyeong (3.3㎡) for the first time, with the average pre-sale price of apartments in Seoul this year reaching between 50 to 60 million KRW per pyeong.
In the context of persistently high pre-sale prices, complexes subject to the 'Price Ceiling System' are becoming a beacon of hope for homebuyers without ownership. The pre-sale prices for these complexes are set significantly lower than the surrounding market prices, attracting considerable attention from many buyers and earning the nickname 'lottery subscription.'
Proving this trend, ‘Dongtan Station Daebang Elyum The Signature,’ constructed by Daebang Industrial Development, is ranked as the ‘most popular apartment in Hwaseong City’ on real estate information sites like Hogangnono. This complex, subject to the price ceiling system, has garnered significant attention regarding its pre-sale price even before the model house and recruitment announcement opened.
According to sales officials, the pre-sale price for this complex is expected to range from the mid-400 million KRW to under 700 million KRW, approximately 20 million KRW per pyeong (3.3㎡), which is very reasonable compared to surrounding market prices.
The complex consists of a total of 552 units: 464 apartments with exclusive areas of 63㎡ and 82㎡, and 88 officetels with exclusive areas of 85㎡ and 86㎡. Mainly planned with smaller units, it is attracting attention as an apartment ideal for single-person households and newlyweds to start without much burden.
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