Crowds of Visitors at Bando Yubora Model House near Changwon Machang Bridge
Bando Construction's 'Changwon Machang Bridge Bando Yubora Ivy Park' model house, which opened on the 19th, has been continuously attracting visitors. Despite operating on a reservation-only basis to prevent COVID-19, both actual buyers and investors have flocked, revealing the heated real estate market atmosphere in Changwon.
Located in B-1 Block of Gapotakseji District, Gapodong, Masanhappogu, Changwon-si, Gyeongnam, 'Machang Bridge Bando Yubora Ivy Park' will be developed with 9 buildings ranging from 3 basement floors to 25 above-ground floors, totaling 847 households. All units are small to medium-sized with exclusive areas of 74 to 84㎡, which are highly preferred by actual buyers. The unit types include 374 units of 74㎡A, 48 units of 74㎡B, 161 units of 84㎡A, 69 units of 84㎡B, and 195 units of 84㎡C.
With the price ceiling system applied, the units are supplied at the mid-8 million KRW per square meter range. For homebuyers, a fixed contract deposit of 10 million KRW (first payment), 60% interest-free installment payment, and the ability to resell before registration are offered. Recently, Changwon has seen a significant decrease in unsold units, leading to its removal from the unsold management area after five years. Due to a sharp rise in housing prices, Uichang-gu and Seongsan-gu have been subject to targeted regulations. Meanwhile, the adjacent Masanhappogu remains a non-regulated area, attracting attention from both actual buyers and investors.
The complex will feature Bando Yubora's specialized design, with the 84㎡C type applying a 5-bay layout. Buyers can choose between unit separation and unit integration types; in the separated type, part of the unit can be rented out. The complex is designed with cross-ventilation between the kitchen and living room, which is advantageous for lighting and airflow, and units are mainly oriented southward.
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Applications will be accepted starting with special supply on the 29th, followed by first priority on the 30th, and second priority on the 31st. Move-in is scheduled for March 2024.
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