Surging Interest in "Geomdan Centreville Edu City" Amid Continued Market Recovery

Geomdan New Town Sees Market Turnaround as Subscription Competition Soars and Complexes Sell Out
Large-Scale Complex with 1,534 Units and Reasonable Pricing Around 500 Million Won...
Buyer Interest Focused on "Geomdan Centreville Edu City"

Recently, the apartment presale market in Geomdan New Town, Incheon, has been experiencing a resurgence. The atmosphere in the market has shifted, with subscription competition rates for nearby complexes soaring and news of sell-outs following one after another. In this context, "Geomdan Centreville Edu City," which boasts both price competitiveness and product quality, is drawing significant attention from potential buyers.

The reason Geomdan New Town is attracting so much interest is due to the changing atmosphere in the Greater Seoul area’s presale market. Recently, demand has been shifting toward regions that offer convenient access to Seoul, are not subject to regulatory restrictions, and have reasonable prices. In fact, as complexes in areas adjacent to Seoul, such as the Pungmu District in Gimpo, have sold out quickly under the price ceiling system, this enthusiasm is now spreading directly to Geomdan New Town.

According to the Korea Real Estate Board’s subscription platform, Hoban Industry, the construction arm of Hoban Group, recently launched "Hoban Summit Incheon Geomdan Phase 3" in Geomdan New Town, Incheon. For the first-priority subscription (excluding special supply), 11,497 applications were submitted for 264 units, resulting in an average competition rate of 43.55 to 1.

A real estate expert commented, "As all of Seoul and major areas in Gyeonggi Province have recently been designated as regulated areas, demand for home purchases is shifting to non-regulated areas in the Greater Seoul area with good access to Seoul. Especially since these areas offer convenient commuting to Seoul, their scarcity is being highlighted, leading to increased interest from genuine homebuyers."

Amid this trend, "Geomdan Centreville Edu City," supplied by Dongbu Construction in the Dangha-dong area of Seo-gu, Incheon, is gaining attention. Despite offering large-scale premium and differentiated product quality that is rare even within Geomdan New Town, the complex is priced reasonably at around 500 million won for an 84-square-meter unit. As a result, those hoping to secure a home in the Greater Seoul area are turning their attention to "Geomdan Centreville Edu City."

Meanwhile, "Geomdan Centreville Edu City," located in the Dangha-dong area of Seo-gu, Incheon, will be developed as a landmark complex with two basement levels and 25 above-ground floors, totaling 1,534 units. The complex offers excellent product quality befitting a large-scale branded development. It features a variety of floor plans ranging from 74 to 120 square meters, as well as specialized designs reflecting the latest residential trends, such as 4-bay flat layouts, three-sided open structures (for some units), wide kitchens, and flexible alpha rooms, all aimed at maximizing resident satisfaction. The diverse range of layouts also provides buyers with a wider selection, which is another key point.

The substantial community facilities are another strength of the complex. Inside the development, there will be premium sports facilities such as an indoor gymnasium, fitness center, golf lounge, and sauna, as well as specialized community spaces for each generation, including a "Kids & Moms Cafe" and a "Book Garden." At the center is a plaza named "Grand 365," approximately 365 meters long, which connects over 20 themed gardens and a 5-kilometer walking trail, providing a pleasant residential environment.

The living infrastructure is also excellent. Large-scale convenience facilities such as E-Mart and Lotte Mart, as well as the Wondang Culture and Sports Center, are nearby. In addition, abundant green spaces like Aranoeul Park surround the complex, offering a "park-side" location.

A representative from the sales team stated, "As newly launched subscription complexes in Geomdan New Town have recently achieved excellent results and sold out, buyers who have sensed the shift in the market atmosphere are now actively seeking to purchase homes. Geomdan Centreville Edu City, with its reasonable price under the price ceiling system and proven product quality, is seeing a significant increase in inquiries from buyers considering both residence and investment."

Meanwhile, the model home for "Geomdan Centreville Edu City" is located in the Dangha-dong area of Seo-gu, Incheon.