Korea Technology Subsidiary Simultaneously Sells Out Early in Seosan, Sokcho, and Gijang... "6 Consecutive Sellouts"

[Asia Economy Reporter Jang Hyowon] Daewoo Shipbuilding & Marine Engineering Construction, a subsidiary of Korea Technology, a KOSDAQ-listed company, announced on the 6th that the simultaneous sales conducted since June in Seoklim, Seosan; Sokcho, Gangwon; and Gijang, Busan have all been completed, achieving early sell-out.

The complexes are ‘Seosan Seoklim Elkru Edufore’, ‘Sokcho Yeongnangho Elkru’, and ‘Busan Gijang Station Elkru The First’. This marks a continuous sell-out streak following approximately 1,400 households of ‘Pyeongtaek New Vision Elkru’ in February last year, ‘Gyeongbuk Seongju Sweet M Elkru’ in November, and ‘Dongdaegu Station Elkru Avenue One’ in April this year.

The company attributes the early sell-out to actively promoting each complex’s unique strengths such as ▲education-specialized areas ▲cultural and leisure centers ▲abundant infrastructure and transportation networks, as well as the improved brand image of Daewoo Shipbuilding & Marine Engineering Construction’s Elkru.

‘Seoklim Elkru Edufore’ in Seosan, Chungnam, is introduced as an education-specialized premium apartment boasting a perfect school zone surrounded by prestigious school districts, consisting of 6 apartment buildings from basement level 2 to ground level 20 with 266 households. The complex includes safe school routes, attracting significant interest from parents with children.

‘Sokcho Yeongnangho Elkru’ is located in Sokcho, a recently spotlighted cultural and leisure hub. It is a townhouse-style complex with 14 buildings from basement level 1 to ground level 4, totaling 200 households. Many buyers seeking a nature-friendly lifestyle participated in the sales, appreciating the lake view, ocean view, and mountain view.

‘Gijang Station Elkru The First’, located in the station area of Gijang Station, Busan, consists of 2 buildings from basement level 3 to ground level 26, totaling 219 households. It boasts abundant living infrastructure and transportation networks. The complex mainly offers small to medium-sized housing types preferred by urban buyers and is only a 2-minute walk from Busan Gijang Station, providing excellent accessibility.

In particular, the Osiria Tourism Complex, developed with an investment of 6 trillion won and located just one station away, has been favored by buyers who want to enjoy both urban life and weekend leisure simultaneously.

Baek Woongeol, Vice President and Head of Sales at Daewoo Shipbuilding & Marine Engineering Construction, said, “The apartments in Seosan, Sokcho, and Busan, which Daewoo Shipbuilding & Marine Engineering Construction sold simultaneously, have all achieved early sell-out, setting another record in the sales industry,” adding, “This marks the sixth consecutive early sell-out success.”

He continued, “Despite the downturn in the construction market due to COVID-19, the order volume has increased more than threefold compared to the previous year, and with the recent credit rating upgrade, we expect the order volume to increase further in the second half of the year,” and said, “Positive news such as sell-out success, consecutive order wins, and credit rating improvements have led to a flood of contract requests for similar properties, causing us to rejoice.”

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