Sale of Small to Medium Complex 'Sindorim Station Dongmun The East'

- This Year, Seoul's Small to Medium-Sized Areas Record an Average Subscription Competition Rate of 150.24 to 1
- Anyone Over 20 Can Apply, and There Are No Resale Restrictions

As Seoul apartment prices continue to rise, small- and medium-sized apartments, which are relatively less burdensome in terms of purchase price, have shown strength this year. The increasing number of one- and two-person households is also cited as a major factor steadily driving up transaction volumes and prices for small- and medium-sized apartments.

In fact, subscription savings accounts have shown concentrated demand for small- and medium-sized apartments with exclusive areas under 85㎡ in the metropolitan area’s housing market this year.

According to an analysis by real estate research firm Realtoday of data from the Korea Real Estate Board’s Subscription Home, the average first-priority subscription competition rate for apartments under 85㎡ in the metropolitan area from January to August this year was 26.59 to 1. Considering that the average competition rate for first priority for apartments 85㎡ and above was 5.91 to 1, this is more than four times higher.

In particular, Seoul recorded a high average subscription competition rate of 150.24 to 1 for apartments under 85㎡, while the rate for those 85㎡ and above was relatively lower at 49.37 to 1.

The industry analyzes that the recent surge in apartment pre-sale prices has increased demand for small- and medium-sized units. Especially with apartment pre-sale prices rising sharply in Seoul and the metropolitan area, demand has concentrated on small- and medium-sized units, which require relatively less money but have high expectations for price appreciation.

According to real estate experts, "Recently, buyers prefer small- and medium-sized units, and with the increasing trend of small households, demand is abundant, leading to high expectations for price increases. However, it is important to carefully consider location and surrounding market prices from multiple perspectives when purchasing a home."

Meanwhile, as the preference for small- and medium-sized apartments continues, interest is expected to rise as practical small- and medium-sized complexes are scheduled for pre-sale in prime locations in Seoul.

Dongmoon Construction is launching the pre-sale of ‘Sindorim Station Dongmoon The East’ near Sindorim Station, at 33 Guro-dong, Guro-gu, Seoul. The complex consists of two buildings from basement level 1 to ground level 7, with a total of 61 households, of which 25 units with exclusive areas of 59 to 84㎡ will be offered for general sale. The units are composed of small- and medium-sized areas preferred by actual buyers, attracting strong interest.

Despite the small- and medium-sized areas, the interior features specialized designs that consider residents’ convenience. The complex plans to apply two or more bathrooms in all units for residents’ residential convenience, and provide specialized designs such as built-in wardrobes, art walls, and pantries to create trendy and spacious living spaces.

The location is also excellent. The complex is close to Sindorim Station, where both Subway Line 1 and Line 2 pass, making it easy to access major business districts in Seoul such as Gangnam, Yeouido, and Jongno. Especially with the planned GTX-B line, once completed, the area will transform into a triple station zone, further enhancing transportation convenience.

Additionally, the upcoming opening of the Sinansan Line, a 44.7km metropolitan railway line connecting Ansan, Gwangmyeong, Yeouido, Songshan Vehicle Base, Siheung City Hall, and Gwangmyeong, will improve transportation networks not only to central Seoul but also to the southwestern metropolitan area.

The educational environment is also excellent. Within a one-minute walk from the complex is Mirae Elementary School, and nearby are Shinyoung Elementary, Singuro Elementary, Yeonglimju Sindorim Middle School, Guro Middle School, and Guro High School, enabling safe commuting for students.

Another feature is the nearby one-stop living infrastructure. Various convenience facilities such as NC Department Store, E-Mart, Homeplus, and CGV are located nearby for easy access. There are also natural environments for a pleasant healing life, including Guro Street Park, Samgak Children’s Park, and Dorimcheon Stream.

In particular, ‘Sindorim Station Dongmoon The East’ is expected to be highly preferred by buyers as it has no restrictions on subscription savings accounts or resale limitations despite being an apartment in Seoul. The pre-sale is scheduled for October on Subscription Home, and anyone aged 20 or older can apply regardless of whether they hold a subscription savings account, with no resale restrictions.

Detailed information about ‘Sindorim Station Dongmoon The East’ can be found on the website and through inquiry calls, and detailed consultations are available at the promotional center operating in front of the site.