LH Supplies Residential-Only Detached Housing Sites in Yangju Okjeong New Town

Located near Okjeong Central Park, embracing Cheonbo Elementary School with a nature-friendly environment
Plot sizes range from 270㎡ to 330㎡, expected supply price around 3.9 million KRW per 3.3㎡
Applications on April 19, lottery and winner announcement on April 20, contracts scheduled from April 26 to 30

Location map of Yangju Okjeong New Town.

[Asia Economy Reporter Kangwook Cho] Korea Land and Housing Corporation (LH) announced on the 29th that it will supply 121 residential-only detached house lots (36,106㎡) in Okjeong New Town, Yangju, Gyeonggi Province, through a lottery system.

The area of each residential-only detached house lot supplied this time ranges from 268.6㎡ to 326.8㎡, with prices ranging from 320 million to 400 million KRW, approximately 3.9 million KRW per 3.3㎡. Building restrictions include a building coverage ratio of 50%, a floor area ratio of 100%, and construction up to 2 floors is allowed.

Applicants can apply for one lot per person through the LH Subscription Center, with a reservation deposit of 15 million KRW per lot. The payment condition is a 3-year interest-bearing installment plan, and land use is available immediately after full payment.

Okjeong New Town (7.06 million㎡) is a representative hub in northern Gyeonggi with a planned population of 100,000, featuring excellent natural landscapes such as the Cheonbo Mountain Range, natural streams, and Okjeong Central Park.

Transportation conditions include a planned extension of Subway Line 7, and the GTX-C line is also under review for opening. Additionally, using the Guri-Pocheon Expressway, National Road No. 3 bypass, and the Metropolitan Area 2nd Ring Expressway, it is possible to reach Jamsil within 40 minutes and Gangnam within an hour.

In particular, the residential-only detached house lots supplied this time include Cheonbo Elementary School, allowing young children to commute conveniently and safely, and are located near Okjeong Central Park, boasting a nature-friendly location where residents can enjoy walks anytime.

The supply schedule is set for applications on the 19th of next month, electronic lottery selection of winners on the 20th, and contract signing from the 26th to the 30th. For detailed information such as lot area and price, please check the announcement posted on the LH Subscription Center under Sales & Lease Announcements - Land, or contact the LH Yangju Business Headquarters Compensation Land Sales Department.

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