LH, Yangju Hoecheon New Town Apartment Complex 2 Parcels Lottery Supply

[Asia Economy Reporter Yoo In-ho] LH will supply two apartment lots in Hoicheon New Town, Yangju, Gyeonggi Province, through a lottery system.

The expected supply prices for the lots are 60.8 billion KRW for Block A11 (38,000㎡) and 58.1 billion KRW for Block A12 (36,000㎡). Both lots are priced at approximately 5.29 million KRW per 3.3㎡. The floor area ratio is 190%, and 663 units and 633 units can be built on each lot, respectively.

Hoicheon New Town is connected throughout the district by Subway Line 1, providing convenient transportation. Once the GTX-C line (preliminary feasibility study passed), scheduled to begin construction next year, opens, it will be possible to reach Seoul Samsung Station within 20 minutes. Using the National Road No. 3 alternative bypass and the Sejong-Pocheon Expressway, Jamsil can be reached within 30 minutes.

The apartment sites being supplied are located in a station area accessible on foot to Deokgye Station and the planned Hoejeong Station on Line 1, making it a so-called "school zone complex" with kindergartens, elementary schools, and middle schools nearby.

Lottery applications can be made online through the LH Subscription Center. First-priority applications will be accepted on the 11th of next month, with the lottery on the 12th. Second-priority applications will be accepted on the 15th, with the lottery on the 16th. Contract signing is scheduled to take place from the 22nd to the 26th of next month.

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