136 Units of 'Singongdeok I-Park' Available Without Subscription Savings Account Requirement

by Kim Dongpyo

Published 29 Mar.2021 10:43(KST)

Updated 30 Sep.2021 15:35(KST)

open/close

Exclusive Area 49㎡ Urban-Type Residential Housing

'Shin Gongdeok I'Park' Rendering

HDC I&Cons will launch the sale of the urban lifestyle housing complex 'Singongdeok I-Park' in the Singongdeok-dong area of Mapo-gu, Seoul, in April.

Located in Singongdeok-dong, Mapo-gu, Seoul, the complex consists of 8 basement floors and 35 above-ground floors. It comprises a total of 140 units of urban lifestyle housing with a dedicated area of 49㎡ each (136 units available for general sale).

'Singongdeok I-Park' is just a 1-minute walk from Gongdeok Station. Gongdeok Station serves four lines: Line 5, Line 6, the Gyeongui-Jungang Line, and the Airport Railroad Line.

As it is urban lifestyle housing rather than an apartment, anyone aged 19 or older can apply without a subscription savings account. Since units are allocated by lottery, it offers broader opportunities for genuine buyers with low points. There are no restrictions on re-winning. High interest is expected from genuine buyers who find it realistically difficult to win apartment subscriptions. Additionally, acquisition tax ranges from 1.1% to 3.5% depending on the area, which is relatively cheaper than officetels.

'Shin Gongdeok I'Park' Rendering

'Singongdeok I-Park' consists of highly preferred 49㎡ units. Through a practical layout, it provides customized spaces for newlyweds and 2-3 person households. Moreover, it offers a higher exclusive use ratio than officetels, allowing for a larger usable area.

The commercial facilities sold simultaneously with the urban lifestyle housing are also attracting attention. The commercial facilities of 'Singongdeok I-Park' are evaluated as highly stable due to securing a fixed demand from 140 households. Its prime location near the station ensures a large flow of people.