Gangneung Lotte Castle Signature, Gangwon's Highest Competition Rate, Proceeding with Official Contracts

by Kim Dongpyo

Published 25 Aug.2021 11:41(KST)

Updated 29 Sep.2021 15:38(KST)

open/close

'Gangneung Lotte Castle Signature' Rendering

Lotte Construction announced on the 25th that it will conduct the official contract signing for the apartment complex 'Gangneung Lotte Castle Signature,' which recorded the highest competition rate ever in Gangwon Province, over five days from the 23rd to the 27th.

Gangneung Lotte Castle Signature, developed as a private park special project in the area of 1018-1, Gyodong, Gangneung City, consists of 11 buildings ranging from 3 basement floors to a maximum of 29 above-ground floors, with exclusive areas of 84 to 185㎡, totaling 1,305 households.

On the 1st priority subscription on the 3rd, 35,625 applicants applied for 760 units (excluding special supply), recording an average competition rate of 46.88 to 1, the highest ever in Gangwon Province.

Using the nearby KTX Gangneung Station, it takes about 1 hour and 40 minutes to reach Seoul Cheongnyangni Station. It also offers easy access to the Seoul-Yangyang Expressway, Donghae Expressway, and Yeongdong Expressway via National Routes 7 and 35.

There are many educational facilities nearby, including Yeongdong Elementary School, Yulgok Elementary School, Gwandong Middle School, Gangneung Jeil High School, and Gangil Girls' High School. Moru Library and various academies are also close by. Administrative institutions such as Gangneung City Hall and Gyo 1-dong Community Center, as well as convenience facilities like Homeplus, Lotte Hi-Mart, CGV, and Gangneung Medical Center, are available.

The complex features a design mainly based on 4Bay flat-type units, providing excellent openness. The living room and kitchen are designed with cross ventilation for good airflow, and designs that enhance space utilization such as pantry rooms, dressing rooms, and powder rooms are applied throughout the home. Community facilities will include a sauna, fitness center, golf practice range, small library, and daycare center.