Average Subscription Competition Rate of 53 to 1 for 'Raemian Elinity' in Dongdaemun-gu, Seoul

Rendering of Raemian Elinity

[Asia Economy Reporter Moon Jiwon] Samsung C&T has received over 20,000 subscription applications for the first-priority subscription of 'Raemian Elinity,' supplied in Yongdu 6 District, Dongdaemun-gu, Seoul.

According to the Korea Real Estate Agency's subscription homepage on the 24th, the first-priority subscription for Raemian Elinity held the previous day attracted 20,257 subscription applications for 379 households (excluding special supply), recording an average competition rate of 53.45 to 1. The 101㎡A type had the highest competition rate at 653 to 1.

A sales official explained, "Many customers had been waiting for this sale as it is a large Raemian brand complex supplied in the Gangbuk area after a long time, as well as being located in an excellent location."

Raemian Elinity, built through the redevelopment of Yongdu 6 District in Dongdaemun-gu, is a large complex with 16 buildings ranging from 2 basement floors to a maximum of 21 floors above ground, totaling 1,048 households. Among them, 475 households with exclusive areas of 51 to 121㎡ are for general sale.

The complex is located about a 10-minute walk from both Sinseol-dong Station and Jegi-dong Station, and is close to Emart Cheonggyecheon Branch, Homeplus Dongdaemun Branch, and Lotte Department Store Cheongnyangni Branch. It is possible to commute to Daekwang Elementary, Yongdu Elementary, Jongam Elementary, Seongil Middle, Daekwang Middle, Daekwang High, and Yongmun High Schools.

The winners will be announced on the 1st of next month, and contracts with the winners will be conducted over five days from the 13th to the 17th of the same month on the 3rd floor of Raemian Gallery in Songpa-gu. The scheduled move-in date is August 2022.

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