‘Paju Unjeong New Town Jeil Punggyeongchae 2nd Phase Grand Venue’ First Priority Average 20 to 1

Average Competition Ratio of 20.04 to 1, Highest Competition Ratio 96.38 to 1 for Type 84A in Other Regions
All Time Slots Fully Subscribed in First Round... Winners Announced on the 14th, Official Contracts from 26th to 30th

Perspective view of Paju Unjeong New Town Jeil Punggyeongchae 2nd Phase Grand Venue.

[Asia Economy Reporter Kangwook Cho] Jeil Construction announced on the 8th that all types of units in the subscription for ‘Paju Unjeong New Town Jeil Punggyeongchae 2nd Grand Venue,’ located in Paju Unjeong New Town, were fully subscribed in the first priority.

The company analyzed that the location, equipped with a ‘one-stop school zone,’ along with upcoming transportation benefits connecting to Seoul such as GTX and the extension of the Ilsan Line (Line 3) to Paju, as well as the product matching the ‘Jeil Punggyeongchae’ brand, attracted strong subscription demand from buyers.

According to the Korea Real Estate Agency’s subscription homepage, on the 7th, the first priority subscription for Paju Unjeong New Town Jeil Punggyeongchae 2nd Grand Venue received 7,393 subscription applications for 369 units (excluding special supply), recording an average competition rate of 20.04 to 1. The highest competition rate was 96.38 to 1 for the 84A exclusive area type (Other Gyeonggi).

Since Paju Unjeong New Town Jeil Punggyeongchae 2nd Grand Venue is located in Unjeong New Town, a 2nd phase new town, it boasts excellent residential infrastructure. The complex plans to include a national/public daycare center, and a kindergarten is scheduled to be built right in front. Elementary, middle, and high schools will all be within walking distance, providing a highly regarded educational environment. Nearby, the GTX-A Unjeong Station (tentative name) will be established, and the recent confirmation of the extension of the Ilsan Line (Line 3) to Paju, included in the 4th National Railroad Network Construction Plan, adds to its future value.

The product quality reflecting the excellence of the Jeil Punggyeongchae brand also contributed to the subscription success. The complex is arranged mainly with south-facing units, securing ample distance between buildings, and offers excellent sunlight and cross ventilation. Every unit includes a dressing room, and some units also provide an alpha room and pantry, offering outstanding space utilization. The ground level of the complex is car-free, designed as a park-type complex with sufficient walking paths and rest facilities, and features diverse community amenities such as a moms’ cafe, kids’ cafe, library, and golf practice range.

A sales official stated, "After the model house opened, on-site visit reservations were fully booked in an instant, and additional visit reservations were also filled within about 20 minutes. Access to the cyber model house and inquiry calls have been nonstop," adding, "As it is receiving great interest from buyers, the subsequent winner contracts are expected to proceed smoothly."

The remaining schedule includes the announcement of subscription winners on the 14th, preliminary document submission from the 16th to the 24th, and official contracts from the 26th to the 30th.

Meanwhile, Paju Unjeong New Town Jeil Punggyeongchae 2nd Grand Venue will be built on A10 Block of Unjeong New Town District 3, with a total of 660 units of 59, 84, and 104 square meters exclusive area. The expected move-in date is January 2024.

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