‘ePyeonhanSesang Myeongdeok Station First Mark’ Draws Attention as a Game Changer

- Sharp Increase in Daegu Apartment Transactions in the First Half of the Year, Rising House Prices Compared to Early Year
- The Only Double Ultra-Station Area Complex on Lines 1 and 3 in Daegu, ‘ePyeonhansesang Myeongdeok Station First Mark’

[e-Pyeonhansesang Myeongdeok Station First Mark_Perspective View]

The Daegu housing market is changing. After a period of scarce supply, recent recovery in buying demand has led to a series of rising transactions.

According to data from the Korea Real Estate Board, apartment sales transactions in Daegu from January to June this year totaled 12,312, a 14.6% increase compared to 10,743 transactions during the same period last year (January to June 2023). In particular, the transaction volumes in Seo-gu and Nam-gu districts surged significantly by 35.55% and 31.85%, respectively.

As transactions revive, existing residential complexes are not only being traded at record prices but also seeing substantial price increases compared to the beginning of the year. According to the Ministry of Land, Infrastructure and Transport’s actual transaction data, an 84㎡ unit in ‘Suseong Beomeo W’ (occupied in December 2023) located in Beomeo-dong, Suseong-gu, Daegu, was traded for 1.45 billion KRW in June this year, up about 230 million KRW from 1.22 billion KRW in January. Additionally, an 84㎡ unit in ‘Beomeo Eilin’s Garden’ (occupied in March 2021), located near Daegu Metro Line 3, was traded for 1 billion KRW in June, setting a new high for the year.

It’s not just Suseong-gu. An 84㎡ unit in ‘Namsan Lotte Castle Central Sky’ (occupied in September 2021), located in Namsan-dong, Jung-gu, was traded for 800 million KRW in July, about 130 million KRW higher than the 670 million KRW transaction in March this year.

The new housing market shows a similar trend. ‘Daegu Beomeo I-Park,’ which was offered in Beomeo-dong, Suseong-gu in April this year, recorded a competition rate of 15.32 to 1 in the first-priority subscription and sold out early. Following that, ‘Taewang Honors Lapland’ in Dongin-dong 3-ga, Jung-gu, and ‘Hillstate Hwanggeum Station Reserve’ in Hwanggeum-dong, Suseong-gu, which were offered in May, filled their quotas with average subscription rates of 1.45 to 1 and 1.49 to 1 (for phases 1 and 2), respectively. Earlier this year, subscription applications were only in the double digits, showing a clear market reversal.

A real estate expert said, “Recently, not only actual demand but also inquiries from outsiders have increased, causing unsold inventory to sharply decrease and subscription enthusiasm to revive, changing the atmosphere of the real estate market. As complexes that had postponed sales are now preparing to launch, it is necessary to pay close attention to major complexes.”

Meanwhile, a new complex expected to be a game changer in the Daegu housing market is about to be launched. DL E&C plans to offer ‘e-Pyeonhansesang Myeongdeok Station First Mark’ through the Daemyeong 2-dong Myeongdeok District housing redevelopment project in Daemyeong-dong, Nam-gu, in September. This large complex will consist of 17 buildings ranging from 2 basement floors to 35 floors above ground, with a total of 1,758 households ranging from 39 to 110㎡ in exclusive area, of which 1,112 households sized 59 to 84㎡ will be supplied for general sale.

e-Pyeonhansesang Myeongdeok Station First Mark is the only complex in Daegu with a double ultra-station area on Metro Lines 1 and 3. Additionally, an extra access road on the north side of the complex is under construction, which will make using Myeongdeok Station Lines 1 and 3 even more convenient at move-in. Banwoldang Station, a transfer station for Lines 1 and 2, is also located within a 1 km radius, placing the complex at a key transportation hub in the region.

Moreover, there are only nine existing complexes located within 300 meters of three transfer stations where two lines can be used in Daegu, and among them, e-Pyeonhansesang Myeongdeok Station First Mark is the only complex with over 1,000 households, giving it both rarity and symbolic value.

Especially in central Daegu, most mixed-use residential complexes have a building coverage ratio of 60-70%, resulting in cramped living spaces. Complexes with a building coverage ratio over 50% have narrow spacing between buildings and lack landscaping space, leaving little room for children to play or residents to take walks. In contrast, e-Pyeonhansesang Myeongdeok Station First Mark, located in the heart of Daegu, has a building coverage ratio of only 18%, allowing for a pleasant residential environment.

In fact, the complex will feature ‘dePoem,’ e-Pyeonhansesang’s premium landscaping brand. The signature space, ‘dePoem Park,’ will be a grassy yard with water features located at the center of the complex. The ‘Lobby Seasonal Garden’ will be a specialized garden that offers a rich seasonal atmosphere upon entering the buildings. Additionally, ‘Misty Foret’ will be a refreshing forest with mist spray facilities and rest areas combined with fine dust-reducing plants. The children’s playground, ‘dePoem Play,’ will harmonize play equipment such as combination play structures, playground facilities, and pergolas with landscaping to create a nature-friendly complex play garden.

Meanwhile, the housing exhibition hall for e-Pyeonhansesang Myeongdeok Station First Mark will be set up near Beomeo Intersection on Dongdaegu-ro, Suseong-gu, Daegu.