Bando Construction's 'Ochang Bando Yubora Prestige' Fully Subscribed in First Priority

Perspective view of Ochang Bando Yubora Prestige. (Provided by Bando Construction)

[Asia Economy Reporter Kim Hyemin] Bando Construction announced on the 21st that 'Ochang Bando Yubora Prestige,' launched in Ochang-eup, Cheongju-si, Chungbuk, was fully subscribed in the first-priority local subscription.

The complex, supplied at 639-4 Gak-ri, Ochang-eup, received a total of 4,712 applications for 142 households (excluding special supply) in the first-priority local subscription on the previous day, recording an average subscription competition rate of 33.18 to 1. The highest competition rate was for the 84㎡C type, at 112.5 to 1.

A Bando Construction official said, "It seems that real demand buyers showed great interest due to the future value of various development benefits, the forest zone, and the proximity to excellent schools."

Ochang Bando Yubora Prestige is the last general sale apartment within the Ochang Science Industrial Complex. It is adjacent to Ochang IC, Seo-Ochang IC, and Cheongju Buk Terminal, making access to other areas convenient. Some 84㎡ exclusive area types feature a 5-bay design as a specialized layout.

The announcement of winners will be on the 28th, and the official contract will take place from the 9th to the 11th of next month. Financial benefits such as a 60% deferred interest payment on the intermediate payment are provided.

Move-in is scheduled for May 2024.

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