‘Singil AK Prugio’, Non-Quota New Subscription on July 1

Up to Move-In: 5% Deposit, Interest-Free Interim Payment, and Free Options with Exceptional Benefits Provided

The volume of apartment sales transactions in Seoul reached 4,343 cases, marking over 4,000 cases for two consecutive months following March. The transaction volume in May also showed an upward trend, with record-high sales continuing in some areas. The government's real estate tax relief measures and expectations of interest rate cuts are also influencing the buying momentum. With initiatives such as the abolition of the comprehensive real estate tax and the easing of capital gains tax and acquisition tax for multi-homeowners underway, more buyers are actively entering the market.

In particular, the supply of apartments in Seoul is expected to sharply decrease going forward, increasing the scarcity of newly launched complexes within the city. Among these, ‘Shingil AK Prugio,’ located in the Shingil-dong area of Yeongdeungpo-gu, is attracting attention as it prepares for a non-priority new subscription on July 1.

The complex consists of five buildings ranging from five basement floors to 24 above-ground floors. Among them, the residential units are all 49㎡ in exclusive area, with △Type A: 83 units △Type B1: 151 units △Type B2: 20 units △Type C: 42 units, totaling 296 units.

‘Shingil AK Prugio’ has reduced the total deposit from the previous 10% to 5% until move-in. The interim payment has also been changed from an interest deferred system to an interest-free policy, ensuring no additional financial burden before moving in. Balcony expansion, entrance door installation, and pantry shelving are provided free of charge to reduce financial strain. The complex differentiates itself as a full-option complex by offering free appliances such as a combi refrigerator, washing machine, three-burner highlight cooktop, electric oven, and bathroom bidet.

Additionally, ‘Shingil AK Prugio’ is considered a beneficiary complex that can directly and indirectly enjoy the advantages of the ongoing Shingil 2 District housing redevelopment project. The redevelopment area will feature 13 buildings with four basement floors and 49 above-ground floors, including 2,550 residential units (652 public units and 1,898 sale units) and ancillary welfare facilities, significantly improving the surrounding residential environment and raising future value expectations.

Moreover, as it is included in the New Town project actively promoted by Seoul City, once the Shingil New Town project is completed, the area is expected to transform into an emerging residential district connecting Gireum New Town and Cheonho New Town. The Yeongdeungpo area where ‘Shingil AK Prugio’ is located will be reorganized from an existing manufacturing-centered semi-industrial zone into a future advanced convergence industry space through the Southwest District Grand Renovation plan, creating a proximity-based residential area and new residential complexes through various institutional developments and maintenance processes.

Situated on the redevelopment site of ‘Sareoga Shopping,’ the central commercial facility of the existing Shingil-dong, residents can enjoy diverse infrastructure within a short distance. The commercial facilities to be built alongside the complex will include a mart, popular brand cafes, hospitals, and academies, and the Shingil-dong Administrative Welfare Center is also planned. The central academy district is nearby, and excellent educational environments are provided with elementary, middle, and high schools such as Dorim Elementary School, Shingil Middle School, and Daeyoung High School within walking distance.

The transportation network is also well established. Yeongdeungpo Station is nearby, allowing convenient access to Line 1 and KTX, and Lines 7 and 5 stations?Shinpung Station and Shingil Station?are close, facilitating easy movement within the metropolitan area. The groundbreaking ceremony for GTX-B was held in March, and the opening of the Sinansan Line and Nangok Line is also anticipated, positioning the area as a transportation hub connecting northwest and southwest Seoul.

A sales official stated, “Shingil AK Prugio offers a lifestyle convenience infrastructure that includes Shinpung Market and commercial facilities within the complex, as well as one-stop access to transportation and educational conditions. It is a complex where future value appreciation can be expected due to major benefits such as the Shingil 2 District housing redevelopment project, Seoul’s New Town project, and the opening of GTX-B.”