‘Cheongpyeong Sujain The First’ with Reduced Initial Payment

- Highest 'Construction Cost Index' Since Statistics Began
- Introducing Unprecedented Financial Benefits Including Reasonable Sale Prices, Initial Cost of 20 Million Won, and Interest-Free Interim Payments

Recently, due to the sharp rise in raw material costs and labor expenses, apartment sale prices have surged significantly. Amid this, ‘Cheongpyeong Sujain The First,’ which offers reasonable sale prices and abundant benefits such as a 20 million KRW down payment until move-in, is attracting attention as a viable option for homeownership.

In fact, construction costs, which serve as a benchmark for apartment sale prices, are skyrocketing. The 'Construction Cost Index,' which reflects fluctuations in construction expenses, was recorded at 154.85 in March this year, the highest level since the statistics began.

Additionally, the Housing Industry Research Institute’s Sale Price Outlook Index rose to 113.2 in July from 111.4 in the previous month, an increase of 1.8 points. This index indicates future trends in sale prices, and a value above the baseline (100) means that more respondents expect prices to rise further.

This year, the nationwide average apartment sale price also surpassed 20 million KRW per 3.3㎡ for the first time in history. According to Real Estate R114, the average sale price nationwide up to July this year was 20.28 million KRW per 3.3㎡, a 12.67% (2.28 million KRW) increase compared to last year’s average of 18 million KRW.

As a result, there is growing interest in new sale complexes that can ease buyers’ financial burdens through reasonable prices and various financial benefits.

For example, ‘Cheongpyeong Sujain The First,’ opening on the 11th, allows buyers to secure a home by paying only a 5% down payment (a fixed first payment of 5 million KRW) for an exclusive 84㎡ unit, with no additional costs until move-in.

Industry insiders welcome ‘Cheongpyeong Sujain The First’ as an opportunity to purchase in Cheongpyeong and Gapyeong, where no new supply has been available for eight years, as it will be the largest complex in the area.

Located in Cheongpyeong-ri, Cheongpyeong-myeon, Gapyeong-gun (Cheongpyeong 3 District Urban Development Zone), ‘Cheongpyeong Sujain The First’ will consist of 4 buildings with a total of 551 households, ranging from 3 basement floors to a maximum of 25 floors above ground.

This complex mainly features rare medium-to-large-sized units, with 417 households, accounting for 75% of the total, being exclusive 84㎡ units. The interiors are designed with a 4Bay slab-type layout (excluding some units), providing excellent lighting and ventilation.

Surrounded by nature such as the Bukhan River, Jojong Stream, and Homyeong Mountain, this ‘forest zone’ complex offers panoramic views of the vast natural scenery. Moreover, elementary and middle schools are within walking distance, and the complex includes Cheongpyeong’s first public daycare center, a community care center, and a small library, reducing residents’ concerns about childcare and education. A shuttle bus service for residents will also be operated.

Meanwhile, the model house for Cheongpyeong Sujain The First is located right in front of Exit 1 of Cheongpyeong Station in Cheongpyeong-ri, Cheongpyeong-myeon, Gapyeong-gun, Gyeonggi-do. Interested customers can register on the website to receive consultation and text notifications upon opening.