'Hoban Summit Mokdong' Cyber Model House Opens on the 10th... 24.48 Million KRW per 3.3㎡

▲ Aerial view of 'Hoban Summit Mokdong' in Sinjeong-dong, Yangcheon-gu, Seoul. (Provided by Hoban Construction)

[Asia Economy Reporter Lee Chun-hee] Hoban Construction announced on the 9th that it will open the cyber model house of 'Hoban Summit Mokdong' on the 10th and begin full-scale sales.

This complex is supplied through the Sinjeong Redevelopment Promotion District 2-2 Zone Housing Redevelopment Project, consisting of 7 buildings ranging from 3 basement floors to 19 above-ground floors, offering 407 units with exclusive areas of 39 to 84㎡. Among these, 238 units are for general sale, with the breakdown by size as follows: ▲59㎡A 32 units ▲59㎡B 48 units ▲84㎡A 54 units▲84㎡B 78 units ▲84㎡C 16 units ▲84㎡D 10 units. The average sale price per 3.3㎡ is approximately 24.48 million KRW.

The greatest advantage of this complex is its excellent infrastructure. It is a station-area complex located within a 5-minute walk from Sinjeongnegeori Station on Subway Line 2. It is also adjacent to major road networks such as the Gyeongin Expressway, Nambu Beltway, and Seobu Arterial Road.

Educational infrastructure is also outstanding. Nammyung Elementary School, Yangmyung Elementary School, and Shinseo Middle School are located right next to the complex, with Shinseo High School and Baegam High School nearby. Additionally, the Mokdong academy district, one of Seoul's three major academy areas, is adjacent, which is expected to satisfy parents applying for the units.

Various lifestyle infrastructures such as large marts and department stores are within the living area, and green spaces like Gaenam Neighborhood Park and Sintree Park are nearby, allowing residents to enjoy a pleasant living environment. The complex is designed in a tower-type structure, enabling comfortable lighting and sunlight exposure, and community facilities such as a fitness club, GX room, indoor golf practice range, and a small library will be established to enhance living convenience.

Applications will be accepted in the following order: special supply starting on the 20th, first priority for the relevant area on the 21st, first priority for other areas on the 22nd, and second priority on the 23rd. Winners will be announced on the 29th, and contracts will be signed over three days from the 11th to the 13th of the following month. The expected move-in date is March 2022.

Eligibility for first priority applications in the relevant area requires applicants to have resided in Seoul for more than one year as of the announcement date and to have been subscribed to a subscription savings account for more than two years, meeting the deposit amount requirements. The government's policy granting first priority status only to residents with over two years of residence is not yet applied. Resale is prohibited until move-in, and resale of special supply units is restricted until April 2025.

Hoban Construction plans to replace the model house operation with a cyber model house to prevent the spread of COVID-19 and ensure the safety of applicants.

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