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"Prices from 3 Years Ago"... Over 84,000 Apply for 2 Non-Qualified Units at 'Sejong Richensia Familier'

Based on exclusive 84㎥, mid-400 million KRW
More than 200 million KRW cheaper than market price

An apartment available through ‘Jupjup (non-priority subscription)’ in Sejong, where a price difference of over 200 million KRW can be expected, recorded a competition rate of 42,191 to 1.


Geumho Construction announced on the 23rd that a total of 84,382 people applied for the first non-priority subscription for 2 units at ‘Sejong Richensia Familier H3 Block (Sanul Village Complex 6)’ held on the 22nd. The most competitive type was the 84㎡ B type, which attracted 49,755 applicants for 1 unit. The 84㎡ C type also attracted 34,627 applicants for 1 unit.

"Prices from 3 Years Ago"... Over 84,000 Apply for 2 Non-Qualified Units at 'Sejong Richensia Familier' Sejong Richensia Familier perspective view. Photo by Kumho Construction

On the same day, the special supply for newlyweds at Sejong Richensia Familier also closed with an average competition rate of 685.5 to 1 for 2 units. For H2 Block, 1 unit of 84㎡ received 1,182 applications, and for H3 Block, 1 unit of 59㎡ received 189 applications.


The subscription was supplied at the price from the January 2021 sale. The 84㎡ B type was priced at 467.8 million KRW, and the 84㎡ C type at 458.5 million KRW. Considering that the nearby ‘Haemil Village Complex 1’ 84㎡ was traded last month for 675 million KRW, this is more than 200 million KRW cheaper than the market price. A Geumho Construction official explained, “It attracted high interest because it is located in the core area of Sejong Special Self-Governing City’s 6-3 living zone and was supplied at the mid-400 million KRW range (based on 84㎡) from the 2021 sale price.”


The 2 units supplied through the first non-priority subscription have no restrictions on re-winning, resale, or mandatory residence period. The 2 units supplied through the special supply for newlyweds are for couples married within 7 years as of the resident recruitment announcement date, who reside in Sejong and are members of a household without a home. The re-winning restriction is 10 years.


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