DL E&C to Start Subscription for ePyeonhansesang Yeongjong International City Centum Venue on the 15th

[Asia Economy Reporter Onyu Lim] DL E&C (formerly Daelim Industrial) announced on the 10th that it will conduct special supply subscription applications for ‘e-Pyeonhansesang Yeongjong International City Centum Venue’ on the 15th.

e-Pyeonhansesang Yeongjong International City Centum Venue is located in Block A28 of Yeongjong International City, Incheon, consisting of 16 buildings from basement level 2 to ground level 29, with exclusive areas of 84 and 98㎡, totaling 1,409 households. Among these, the special supply units include △129 households for first-time homebuyers, △172 households for newlyweds, △140 households for multi-child families, and △42 households for elderly parent support.

This complex received sales approval before the enforcement of the amended Housing Act starting on the 19th, so it is not subject to the mandatory residence period (up to 5 years). The resale period is 3 years according to relevant laws, but due to the short construction period, the move-in time is fast, and resale is possible once the ownership transfer registration is completed.

e-Pyeonhansesang Yeongjong International City Centum Venue is an apartment located in a large-scale land development district (Yeongjong International City), where 50% of the supply units are preferentially supplied to residents of Incheon, the housing construction area, as of the announcement date of the resident recruitment, and the remaining 50% are supplied to residents of Seoul and Gyeonggi Province.

Also, since the supply is based on one house per household for non-homeowners (members of non-homeowner households), if two or more people within the household apply separately and even one is selected, the winner will be disqualified, and the preliminary resident will not be given the opportunity to be selected as a resident.

The income criteria for special supply have been relaxed from 100% to 130% of the average monthly income of urban workers. Applying the relaxed criteria, a four-person household with a monthly average income of 8.09 million KRW or less, and a household of three or fewer with 7.22 million KRW or less, can apply for the first-time homebuyer special supply.

e-Pyeonhansesang Yeongjong International City Centum Venue is an apartment that applies the newly renewed brand identity and differentiated products of e-Pyeonhansesang through brand renewal.

For the first time in Yeongjong International City, the lifestyle-customized residential platform C2 House and the fine dust reduction system Smart Clean & Care Solution are applied together. It also introduces scarce household gardens (in some units) and 5-bay wide floor plans (in some units) within Yeongjong International City.

The complex will feature the first indoor gymnasium among Yeongjong International City sales complexes, along with a fitness center, indoor golf practice range, screen golf, GX room, and family exercise facilities (table tennis). In addition, sauna, green cafe, guest house, and for the first time among Yeongjong International City sales complexes, personal office spaces tailored to the untact era will be provided.

Reflecting the renewed landscaping philosophy of e-Pyeonhansesang, various concept landscaping designs will be applied, creating large-scale landscaping spaces including a spacious central park called dePOEM PARK, where lush planting and e-Pyeonhansesang’s landmark water features harmonize.

The complex is a school district complex housing Incheon Yeongjong Elementary School and its attached kindergarten, and it is also adjacent to Incheon Byeolbit Elementary School, providing a safe educational environment. Within a 5 km radius of the complex, prestigious school districts including Yeongjong High School, Incheon Sky High School (a representative autonomous private high school in Incheon), Incheon Science High School, and Incheon International High School are established.

Nearby, the Third Yeonryuk Bridge (Yeongjong~Cheongna, scheduled for completion in 2025), which began construction in December last year, can be accessed via Haneul-daero. Once completed, the Third Yeonryuk Bridge is expected to reduce travel time to Gangnam from over an hour to about 45 minutes, and to Yeouido in about 30 minutes. Accordingly, an increase in regional and price value is also expected along with the adjacent Cheongna International City.

e-Pyeonhansesang Yeongjong International City Centum Venue is supplied at a reasonable price of an average of 10.5 million KRW per 3.3㎡ under the price ceiling system, compared to surrounding market prices, with a fixed first installment of 10 million KRW and free balcony expansion benefits for all units.

The complex will proceed with special supply subscription on the 15th, first priority on the 16th, and second priority on the 17th. The announcement of winners will be on the 23rd, and the official contract period will be held for 7 days from March 8 to 14. Move-in is scheduled for March 2023.

To prevent COVID-19, the housing exhibition hall operates only through a cyber housing exhibition hall. The website provides various non-face-to-face information including complex-related information, complicated subscription conditions, subscription information, market analysis by invited experts, and real estate regulation-related information.

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