- Growing Interest in the Complex as It Avoids Loan Regulations Amid Expectations of Securing Future Value in the Songdo Station Area
- Large Crowds Visit the Model Home, with Positive Reviews for the Units Signaling a Successful Subscription Process
'Songdo Station Hansin The Hue Preston,' a redevelopment project of the Songdo Yeongnam Apartment complex in the Songdo Station area of Incheon Metropolitan City, officially opened its model home on June 27, marking the start of its sales process and drawing significant attention from potential buyers.
The Songdo Station area, where the complex will be built, made headlines last year when 'Raemian Songdo Station Centripole,' with 2,549 units, sold out rapidly after attracting more than 30,000 first-priority subscription applicants. This area continues to be highly valued for its future potential, thanks to favorable transportation developments such as the planned Incheon KTX line, the Wolgot-Pangyo line, and the GTX-B line at Cheonghak Station.
As a result, many prospective buyers who have been waiting for new housing supply are now flocking to the model home of Songdo Station Hansin The Hue Preston, raising expectations for the upcoming subscription process.
■ Exempt from Stringent Loan Regulations and Stress DSR Phase 3
In this context, Songdo Station Hansin The Hue Preston announced its sales notice on June 27, and has avoided all of the recently implemented strict lending regulations, further boosting interest in subscriptions.
First, the complex is not subject to the new metropolitan area loan limits, which took full effect on June 28. While the maximum mortgage limit in the metropolitan area is now capped at 600 million KRW, Songdo Station Hansin The Hue Preston is exempt from this rule.
Additionally, since the sales notice was posted on June 27, the complex is also not subject to the Stress Total Debt Service Ratio (DSR) Phase 3, which applies a 1.50% additional interest rate to all household loans in the metropolitan area and has been in effect since July 1.
A sales representative stated, "Since the announcement of the new regulations, a significant number of visitors to the model home over the weekend expressed their intention to subscribe after consultations, so we are expecting positive results in the upcoming subscription process."
■ Spacious Floor Plans and Distinctive Community Facilities Lead to High Satisfaction
Along with these advantages, Songdo Station Hansin The Hue Preston has continued to receive positive reviews for its product features at the model home.
One visitor to the model home commented, "Although the 59㎡A type is in the 20-pyeong range, the space feels very well designed and spacious. I am satisfied with both the floor plan and the surrounding environment, so I am planning to apply for a subscription."
In fact, the 59㎡A type, which accounts for the largest number of general sales units in this project, features a 4-bay flat layout, providing a sense of spaciousness that is rarely found in units of this size.
Other interior design highlights include glass-railing windows for all units, a master bedroom balcony extension for the 59㎡ types, combined closets for bedrooms 1 and 2, a wide kitchen, and movable walls (applied to bedrooms 1 and 2), all of which enhance the sense of space and openness through specialized design features.
That's not all. The complex also incorporates signature landscape lighting, curtain wall aesthetics, and mega-scale entrance gates, further elevating its status as a local landmark.
Moreover, the complex offers a wide range of community facilities, including a fitness center, an indoor golf center with screen golf, a book club, and a kids club, enhancing convenience for residents. The site will also feature various themed landscaping elements such as a central plaza, palm garden, children's playground, toddler playground, zelkova tree avenue, and fringe tree avenue, contributing to a more pleasant living environment.
■ Special Supply on July 7, First-Priority Subscription on July 8... Open to Incheon and Metropolitan Area Residents
Songdo Station Hansin The Hue Preston is being developed in Cheonghak-dong, Yeonsu-gu, Incheon, with 8 buildings ranging from 2 basement levels to 29 above-ground floors. Out of a total of 652 units, 208 small and medium-sized units (40㎡ and 59㎡) will be available for general sale.
The subscription schedule begins with special supply on Monday, July 7, followed by first-priority subscription on Tuesday, July 8, and second-priority subscription on Wednesday, July 9. Winners will be announced on Wednesday, July 16, and contracts for successful applicants will be signed over three days from Tuesday, July 29 to Thursday, July 31.
Residents of Incheon and the metropolitan area who are at least 19 years old, have held a subscription savings account for at least 12 months, and meet the deposit requirements by region and unit size, are eligible to apply as first-priority applicants, regardless of whether they are the head of household, a household member, or already own a home. The resale restriction period is one year from the announcement of successful applicants.
Further details about Songdo Station Hansin The Hue Preston can be found by visiting the model home or the official website. The model home is located in the Guwol-dong area of Namdong-gu, Incheon Metropolitan City.
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