'Wirye Jaideosi-ti' First Priority 618 to 1... Highest Competition Rate Ever in the Seoul Metropolitan Area

Aerial view of Wirye Ja-i The City.

[Asia Economy Reporter Donghyun Choi] The first public sale of the year, 'Wirye Ja-i The City' in Chakgong-dong, Sujeong-gu, Seongnam-si, Gyeonggi Province, attracted about 45,700 applicants for the first-priority subscription, setting a new record for the highest competition rate in the metropolitan area.

According to the Korea Real Estate Agency's Subscription Home on the 13th, 45,700 people applied for 74 units in the first-priority subscription of Wirye Ja-i The City, which was received the previous day. The average competition rate was 617.6 to 1, the highest ever. The previous highest competition rate was 537.1 to 1 for 'Godeok Artes Misojieum' in Sangil-dong, Gangdong-gu, Seoul, which was popular due to the price ceiling system.

The highest competition rate was for the 84㎡ (exclusive area) P unit in other regions. Three units were offered, and 1,799 people applied, resulting in a competition rate of 2,783 to 1. In addition, there were high competition rates over 1,000 to 1 in ▲84㎡A in other Gyeonggi (1,491.4 to 1) and other regions (1,672.9 to 1) ▲74㎡B in other Gyeonggi (1,278.5 to 1) and other regions (1,015.6 to 1) ▲74㎡A in other Gyeonggi (1,152.3 to 1) and other regions (1,202.7 to 1).

Public sales select winners based on the amount paid into the subscription savings account. The total savings amount in the subscription account (up to 100,000 KRW per month is recognized) is prioritized in order.

This complex consists of public sales and newlywed hope town (sale and rental). It is a total of 800 households, including 360 public sale units of 74 to 84㎡ from basement level 2 to ground level 23, 293 newlywed hope town sale units of 46 to 59㎡, and 147 rental units.

Built on public land, the price ceiling system is applied. The sale price for public sales ranges from 698.8 million to 979.8 million KRW. Located in the central area of Wirye New Town, the sale price is significantly lower than the surrounding market price, which is interpreted as the reason for attracting many applicants.

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