Daewoo E&C Launches 'Daeyeon Prugio Clacent' in Busan

[Asia Economy Reporter Inho Yoo] Daewoo E&C will open the model house of ‘Daeyeon Prugio Clacent,’ redeveloping Daeyeon 4 District in Nam-gu, Busan, on the 24th and will start sales in earnest.

Daeyeon Prugio Clacent is located at 1203-100, Daeyeon-dong, Nam-gu, Busan Metropolitan City, consisting of 8 buildings with 4 basement floors to 36 above-ground floors, with a total of 1,057 households ranging from 59 to 84㎡ in exclusive area. Among them, 592 households will be sold to the general public. By exclusive area, there are 154 units of 59㎡, 313 units of 74㎡, and 125 units of 84㎡.

Starting with special supply subscription applications on the 3rd of next month, 1st priority applications will be accepted on the 4th, and 2nd priority on the 5th. After the announcement of winners on the 11th, contracts will be signed from the 24th to the 27th. The sale price averages 16 million KRW per 3.3㎡. This complex is sold before the metropolitan area resale regulation, so resale is possible six months after the winning date. Move-in is scheduled for September 2023.

Daeyeon Prugio Clacent is a station-area complex located within 500m radius of Motgol Station (Nam-gu Office) on Busan Subway Line 2. Using the subway, it takes about 10 minutes to reach Seomyeon Station or Centum City Station, which are hot places in Busan.

Daeyeon Prugio Clacent is a large complex of 1,057 households mainly composed of small and medium-sized units with high preference and satisfaction, applying innovative designs centered on 3Bay and 4Bay reflecting the latest residential trends.

The area around Daeyeon-dong, Nam-gu, Busan, where the complex is being built, is undergoing large-scale redevelopment and reconstruction projects. In the future, together with Daeyeon 3 and 8 redevelopment districts, about 9,000 households will form a new brand residential town.

The model house is located at 1078-6, Gwang-an-dong, Suyeong-gu, Busan. To prevent and contain the spread of COVID-19, the model house operates by prior reservation. A cyber model house is also available.

A Daewoo E&C official said, “This is the last sale complex before the metropolitan area resale ban and the first Prugio brand apartment in Daeyeon-dong in five years since 2015, attracting much interest from buyers even before sales started. Daeyeon-dong has excellent location conditions with a well-connected transportation network and large-scale convenience facilities, and it also has abundant development benefits such as large-scale maintenance projects and the Busan Port complex marine special zone development project, giving it future value.”

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