Nationwide Apartment Prices Rebound... Signs of Consumer Sentiment Recovery in Daejeon

Daejeon Lotte Castle The First Draws Attention as a Value-for-Money Apartment Amid Market Recovery

As the nationwide real estate market shows signs of a rebound, there is growing analysis that Daejeon has also entered an upward cycle.

According to statistics from Real Estate R114, the average apartment sale price per 3.3 square meters nationwide, which had dropped to 18.38 million won in April last year, rose to 19.5 million won in May this year. This is an increase of more than 1 million won in about a year, meaning the price of an 84-square-meter apartment has risen by more than 30 million won.

Daejeon is also showing a strong recovery across several recent indicators. According to Statistics Korea, the housing market consumer sentiment index in Daejeon steadily rose from 92.5 in January this year to 99.8 in February, 102 in March, and 104.2 in April, surpassing the 100 mark. Typically, when the consumer sentiment index exceeds 100, it is interpreted as a signal that the market is shifting from a 'buyer's market' to a 'seller's market.'

This change is also evident in actual transaction cases. At Hillstate Doan River Park 1st Complex in Hakha-dong, Yuseong-gu, a recent transaction for an 84-square-meter unit was recorded at 838.26 million won, setting a new all-time high. The proportion of non-local buyers also reached 62.2 percent, indicating that both genuine demand and investment demand are flowing into the market.

Amid these developments, Daejeon Lotte Castle The First is attracting attention for its practical sale price. While most new apartment complexes in Daejeon have recently exceeded 20 million won per 3.3 square meters, this complex has secured competitiveness with a sale price in the 16 million won range per 3.3 square meters for the 59-square-meter type. With small and medium-sized units of 59 and 74 square meters, the complex aligns with the real demand-driven market trend and is establishing itself as an apartment that satisfies both value for money and residential satisfaction.

The complex is being developed in the Gaodong area, consisting of 10 buildings with 2 basement levels and 33 above-ground floors, totaling 952 units, of which 394 units are available for general sale. With only the highly preferred 59-square-meter and 74-square-meter small and medium-sized floor plans, buyers can make efficient and practical choices relative to price.

The design quality is also noteworthy. Ample storage spaces such as dress rooms and pantries are provided, and the 4-bay plate-type structure with a south-facing orientation enhances lighting and ventilation efficiency. In particular, a variety of community facilities such as an indoor golf club, GX room, book cafe, study room, sky lounge, and sky guesthouse offer clear product differentiation.

The location conditions are also solid. The complex boasts a natural setting adjacent to Daejeoncheon Citizen Hyunsu Park and is close to the main commercial district, which includes Homeplus, CGV, and Fashion Island. Accessibility to administrative offices and educational facilities is excellent, further enhancing residential satisfaction. In terms of transportation, it is close to Panam IC and Namdaejeon IC, and offers excellent regional connectivity with Daejeon Station (KTX, SRT), Subway Line 1, and the planned Line 2 tram.

With expectations for price increases rising, Daejeon Lotte Castle The First is drawing attention as a choice that combines a reasonable sale price with future value.

Meanwhile, the model home for Daejeon Lotte Castle The First is located in Daeheung-dong, Jung-gu, Daejeon Metropolitan City, and move-in is scheduled for November 2027.