Should You Consider the Price-Capped Apartment 'Pyeongtaek Godeok Geumseong Baekjo Yemeji'?

- Advantages of Government-Imposed Price Caps: Reasonable Presale Prices Compared to Surrounding Market Values
- In the Era of High Presale Prices, Buyers Can Benefit from Capital Gains and Reduced Financial Burden

Geumseong Baekjo Construction, Perspective View of 'Pyeongtaek Godeok A48 Block Geumseong Baekjo Yemeji'

In the first half of the year, prospective homebuyers in the Seoul metropolitan area should pay close attention to the supply of housing in planned residential districts. Unlike redevelopment or reconstruction projects, 100% of the units in these districts are offered to the general public, allowing applicants to vie for the most desirable buildings and units through the lottery system. Additionally, depending on the development conditions, there is significant potential for an increase in residential value.

Typically, redevelopment and reconstruction projects in existing urban centers only involve rebuilding homes, whereas planned residential districts are systematically developed to include housing, transportation, education, nature, daily life, and cultural infrastructure, providing residents with convenient access to a wide range of amenities. In particular, public residential districts are subject to government-imposed price caps, which allow for safe margins and the potential for capital gains even during periods of rising housing prices. As a result, these districts are considered the best choice for those looking to purchase a home in the metropolitan area.

In fact, 'Gyosan Prugio The First,' which was offered in May in the public residential district of Hanam Gyosan, Gyeonggi Province, recorded an average competition rate of 263.3 to 1 for first-priority applicants. Earlier, in April, 'Taehwagang Epitte' in Ulsan saw an average first-priority competition rate of 44.3 to 1, while in February, the three blocks (A4, S5, S6) in Goyang Changneung recorded competition rates of 20 to 1, 96 to 1, and 63 to 1, respectively.

As development progresses, there are numerous cases where residential value rises and home prices increase significantly. Therefore, end-users seeking long-term capital gains should consider entering public residential districts in the metropolitan area as a strategic move.

According to the Ministry of Land, Infrastructure and Transport's apartment transaction data, in the case of 'Hillstate Richeville Gangil' in the Godeok Gangil District of Gangdong-gu, Seoul, a 101-square-meter unit was sold at a record price of 1.2 billion won (in May), more than 300 million won higher than the presale price of approximately 880 million won in 2020. Similarly, an 84-square-meter unit at 'Siheung Janghyeon Yedaum Arte' in the Mokgam District of Siheung, Gyeonggi Province, was sold at a record price of 673 million won (in April), up about 200 million won from 435.33 million won in April 2023. In Pyeongtaek Godeok International New Town, an 84-square-meter unit at 'Hillstate Godeok Central' was sold at a record price of 840 million won (in April), up from 574.32 million won in November of the previous year.

An industry insider explained, "With the continued rise in presale prices and the implementation of the third phase of the strict DSR, which will further strengthen loan regulations, choosing a newly launched public residential district project in the metropolitan area is essential for those hoping to successfully purchase a home. As it is becoming increasingly difficult to find apartments offered at reasonable prices, now is the optimal time for buyers to secure a unit."

In this context, 'Pyeongtaek Godeok A48 Block Geumseong Baekjo Yemeji,' which Geumseong Baekjo Construction is scheduled to launch in May, is expected to be an ideal option for those waiting for public residential district presales in the metropolitan area.

'Pyeongtaek Godeok A48 Block Geumseong Baekjo Yemeji' is a newly built apartment complex in a public residential district in the metropolitan area. It will be sold under the pre-built, post-sale system and will be subject to government price caps, ensuring a competitive presale price. The complex will be built in Block A48, Godeok-dong, Pyeongtaek-si, within the Godeok International New Town, and will consist of five buildings ranging from one basement level to 23 floors above ground, with a single unit size of 84 square meters and a total of 431 units.

All unit types feature a 4-bay, dual-ventilation design, maximizing sunlight and natural lighting to enhance residential satisfaction. In particular, the 84C-type unit is designed with a 5-bay layout, making it a special type that is expected to attract significant interest due to its maximized space utilization.

Furthermore, the complex is designed to harmonize relaxation and residential spaces, with a layout that ensures safe, vehicle-free pedestrian pathways on the ground level, a large central plaza, and themed gardens, all of which contribute to a pleasant living environment.

The complex is adjacent to Pyeongtaek Jije Station, which is served by the SRT and Seoul Subway Line 1, and will also be connected to the Suwon-bound KTX line in the future, enabling easy access to major areas of Seoul such as Gangnam and Suseo. The Godeok IC provides easy entry to the Gyeongbu Expressway, allowing for quick travel to Seoul, Cheonan, and Daejeon. Transportation conditions are expected to improve further once the BRT trunk express bus route and the extension of the GTX-A and C lines are realized.

'Pyeongtaek Godeok A48 Block Geumseong Baekjo Yemeji' is also an ideal choice for buyers with young children or those planning to start a family. Within walking distance are Hambak Elementary School (scheduled to open in March 2025), Haechang Elementary and Middle Schools, and a cluster of private academies, providing an optimal educational environment for children.

Notably, the nearby Edu Town site, which covers approximately 167,000 square meters, will feature prestigious educational institutions such as an international school (planned) and a specialized high school (planned). In addition, the area is slated for the development of Pyeongtaek Museum (planned), Children's Creativity Experience Center (planned), Pyeongtaek Central Library (planned), and Pyeongtaek Art Center (scheduled for 2025).

The complex also offers excellent leisure opportunities. An administrative town, which will house the new Pyeongtaek City Hall, is currently under development nearby, and the central commercial district (planned) and Costco Pyeongtaek (scheduled to open in June) will provide convenient access to administrative, commercial, business, and leisure facilities, offering unparalleled convenience.

Detailed information about the presale of 'Pyeongtaek Godeok A48 Block Geumseong Baekjo Yemeji' can be found on the official website. The model house is currently under construction in Sosa-dong, Pyeongtaek-si, Gyeonggi Province.