Daewoo E&C Supplies Public Rental Apartments 'Unseo Station Prugio The Sky'
[Asia Economy Reporter Yoo In-ho] Daewoo E&C announced on the 4th that it will launch the public-supported private rental apartment "Unseo Station Prugio The Sky," where residents can live for up to 8 years at rent prices lower than the surrounding market rates, in Yeongjong Sky City this month.
Unseo Station Prugio The Sky will be supplied at 1778 Unnam-dong, Jung-gu, Incheon (Yeongjong Sky City A12 Block) with 17 apartment buildings, 1,445 households, ranging from basement 2 floors to ground 25 floors. It consists of small to medium-sized units with exclusive areas of 62 to 84㎡, which are preferred by actual demand, a rare size for rental apartments. Move-in is scheduled for August 2021.
Unseo Station Prugio The Sky is a public-supported private rental housing where residents can live stably for 8 years at rent prices lower than the surrounding market rates.
Special supply housing can be rented at 85% or less, and general supply housing at 95% or less of the market rent. It is supplied only to those without home ownership and is free from housing regulations such as subscription savings accounts, taxes, loans, and residence restrictions.
Public-supported private rental housing limits the rent increase rate to within 5% every 2 years upon lease renewal, but Unseo Station Prugio The Sky has set the rent increase rate to within 2% per year, further reducing the rent burden on tenants.
Unseo Station Prugio The Sky is located in the central living area of Yeongjong District, which has a high residential preference within Yeongjong Sky City. It offers convenient access to Unseo Station on the Airport Railroad, and easy use of the metropolitan transportation network such as the 2nd Gyeongin Expressway and Incheon International Airport Expressway. Additionally, with the full opening of Yeongjong Coastal Circular Road in 2023 and the 3rd Yeonryuk Bridge scheduled for 2025, the transportation environment is expected to become even richer in the future.
The living infrastructure is also excellent. Yeongjong High School is located near the complex, and prestigious school districts such as Haneul High School, Incheon Science High School, and Incheon International High School are nearby, providing an excellent educational environment.
Unseo Station Prugio The Sky, which Daewoo E&C is responsible for completing, excels in product aspects such as interior design and community facilities. The Life Care Center for residents within the complex includes a golf practice range, sauna, Byeolmadang Library, 24-hour healthcare center, sunken garden, healing zone, car sharing, fitness center, and guest house.
A public childcare center and a shared childcare community space called the Joint Childcare Sharing Center, which helps share childcare burdens, will be installed within the complex.
The model house will be located at 3087-9 Unseo-dong, Jung-gu, Incheon.
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A Daewoo E&C official said, "Yeongjong Sky City is an area where the influx of people in their 30s and 40s continues, raising concerns about a prolonged jeonse (long-term deposit lease) crisis," adding, "Unseo Station Prugio The Sky is a public-supported private rental housing with rent prices lower than the surrounding market rates, enabling stable residential life, and is expected to attract high interest from demanders."
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