"Last Sale Before the Break" 7,727 Households Applying Next Week

[Asia Economy Reporter Kim Yuri] Next week, 7,727 households nationwide, including 'Geomdan Paragon Central Park,' will be offered for sale. After that, a break in the sales market will occur due to the transfer of the subscription system.

According to Real Estate 114 on the 4th, in the second week of January 2020, subscription applications will be accepted for 7,727 households (based on total households) across 14 complexes nationwide. Subscription will begin for 'Geomdan New Town Paragon Central Park' in Seo-gu, Incheon, 'Villiv Premier' in Jung-gu, Daegu, and 'Dangjin I-Park' in Dangjin, Chungnam. Newlywed Hope Towns will be supplied in Sejong City and Yangsan, Gyeongnam.

Dongyang Construction Industry will supply 'Geomdan Paragon Central Park' in AA2 Block of Geomdan New Town, Seo-gu, Incheon. This complex will be supplied with 12 buildings, ranging from 2 basement floors to 25 above-ground floors, totaling 1,122 households. All households have an exclusive area of 84㎡. The sale price is set between 374 million and 430 million KRW. When the Incheon Subway Line 1 Geomdan Extension, scheduled for 2024, opens, a station will be within a 3-minute walk. By transferring to the Airport Railroad at Gyeyang Station, just one stop away, it will be possible to reach Seoul Station within about 30 minutes.

The currently operating English Village and Edible International School are adjacent to the complex, and elementary, middle, and high schools are planned to be built nearby. Subscription starts with special supply on the 7th, followed by first priority on the 8th and second priority on the 9th. Winners will be announced on the 15th. Contracts will be signed over three days from the 28th to the 30th. The expected move-in date is June 2022.

HDC Hyundai Development Company will introduce 'Dangjin I-Park' in Eupnae-dong, Dangjin-si, Chungnam. This complex will consist of 6 buildings, ranging from 3 basement floors to a maximum of 25 above-ground floors, with sizes from 59 to 84㎡. The top floors will feature a specialized duplex design. The complex is mainly oriented southward, with a park located in the center, providing wide distances between buildings. Community facilities include a guest house for visitors, a fitness center, a daycare center, a reading room, and a senior citizens' center.

Also, located in the downtown area of Dangjin-si, it is convenient to access City Hall, Dangjin Police Station, Dangjin District Court, Dangjin Education Office, and Dangjin Arts Center. Lotte Mart and Dangjin Express Bus Terminal are also nearby. Special supply starts on the 6th, followed by first priority subscription on the 7th. The expected move-in date is April 2022.

Meanwhile, the sales market will take a short break due to the transfer of the subscription system. The Korea Financial Telecommunications & Clearings Institute ended new subscription announcements at the end of last year. Through the amendment of the Housing Act, housing subscription tasks will be transferred from the Korea Financial Telecommunications & Clearings Institute to the Korea Real Estate Board, and the sales market is expected to resume around February.

This content was produced with the assistance of AI translation services.