e-Pyeonhansesang Bupyeong Granhills, Most Applicants Since Incheon Regulations

14,869 Applicants for 1,494 Household Recruitment

[Asia Economy Reporter Onyu Lim] More than 18,000 applicants flocked to the first-priority subscription for 'e-Pyeonhansesang Bupyeong Grand Hills,' a redevelopment project in Cheongcheon 2 District, Bupyeong-gu, Incheon. This is the highest number of subscription applications since Incheon was designated as a regulated area under the June 17, 2022 measures.

According to the Korea Real Estate Board's subscription homepage on the 14th, e-Pyeonhansesang Bupyeong Grand Hills, which received first-priority subscriptions the previous day, attracted 18,869 applicants for 1,494 households (excluding special supply), closing subscriptions for all housing types with an average competition rate of 12.6 to 1. This is the highest number of first-priority subscription applications recorded in Incheon since it was designated as a regulated area under the June 17, 2022 measures.

The highest competition rate by housing type was 75.13 to 1 for the 84㎡ (exclusive area) A type. Following were ▲84㎡ B at 40.44 to 1 ▲67㎡ A at 24.01 to 1 ▲67㎡ B at 14.45 to 1 ▲59㎡ B at 12.75 to 1 ▲59㎡ C at 11.67 to 1 ▲59㎡ A at 4.99 to 1 ▲37㎡ at 4.2 to 1.

Earlier, on the 12th, 'Bupyeong Castle & The Sharp' in Cheongcheon-dong, Bupyeong-gu, Incheon, which also received first-priority subscriptions, closed subscriptions for all housing types in the Incheon area. Bupyeong Castle & The Sharp recorded an average competition rate of 20.8 to 1 with a total of 12,101 applicants for 581 households (excluding special supply).

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