Incheon 'Bupyeong SK View Haemoro' First Priority Subscription Closed... Average 105 to 1

Perspective view of 'Bupyeong SK View Haemoro' in Bupyeong-gu, Incheon (Provided by SK Construction)

[Asia Economy Reporter Lee Chun-hee] The consortium of SK Engineering & Construction and Hanjin Heavy Industries successfully closed the first-priority subscription for ‘Bupyeong SK View Haemoro’ in Bupyeong-gu, Incheon, with an average competition rate of 105 to 1. Especially, the highly popular 84㎡ (exclusive area) recorded a competition rate of about 200 to 1.

According to the Korea Real Estate Agency’s ‘Subscription Home’ on the 10th, a total of 57,621 applicants applied for 547 households in the subscription held the previous day for this complex. The average competition rate was 105 to 1.

The highest competition rate was recorded in the 84㎡B (exclusive area). For this size, 43 units were offered for general sale, and a total of 8,460 applicants applied, including 6,206 from the relevant area and 2,254 from other areas, showing a competition rate of 197 to 1.

The size with the most subscription accounts was also 84㎡. For 178 households of 84㎡A in this complex, a total of 28,003 people from both the relevant and other areas hoped to purchase, resulting in a competition rate of 157 to 1.

Except for the small size of 36㎡, which showed a competition rate of about 10 to 1, all other sizes recorded competition rates above 50 to 1. In order of competition rates, the figures were ▲74㎡A 157 to 1 ▲59㎡A 111 to 1 ▲74㎡B 85.0 to 1 ▲74㎡C 70.5 to 1 ▲59㎡B 76.2 to 1 ▲59㎡C 58.8 to 1 ▲51㎡ 57.5 to 1 ▲49㎡ 51.3 to 1.

This complex is supplied through the Bugaeseo Elementary School North District Housing Redevelopment Project and consists of 17 buildings ranging from basement 2 floors to ground 25 floors, with a total of 1,559 households sized between 36 and 84㎡ (exclusive area). The general sale portion is 884 households, divided by size as follows: ▲36㎡ 112 households ▲49㎡ 11 households ▲51㎡ 40 households ▲59㎡ 161 households ▲74㎡ 178 households ▲84㎡ 382 households. The sale price is about 16.7 million KRW per 3.3㎡.

Various specialized designs will be applied within the complex. SK Engineering & Construction’s fine dust blocking specialized design, ‘SK View Clean Air Solution,’ will be implemented. A ‘Clean Air Station’ equipped with a ventilation system using H13-grade high-performance HEPA filters and air conditioners will be installed in the waiting area for school buses within the apartment to reduce fine dust.

The announcement of winners will be made on the 16th, and contracts will be signed over 7 days excluding weekends from the 29th to July 7th. The government’s planned full resale restriction regulation for the metropolitan area, scheduled for August, will be avoided, allowing free resale from December. The expected move-in month is December 2022.

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