Naepo New Town EG the1 Phase 3 Partial Perspective Rendering

Naepo New Town EG the1 Phase 3 Partial Perspective Rendering

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[Asia Economy Reporter Ryu Tae-min] Line Construction announced on the 8th that it will conduct a first-come, first-served sale of remaining units for three days from the 8th to the 10th of this month for the RH4-1 block ‘Naepo New City EG the1 Phase 3’ in Naepo Innovation City, Chungcheongnam-do.


Applications will be accepted through internet subscription on the ‘Naepo New City EG the1 Phase 3’ website, and the lottery drawing will be held at 10 a.m. on the 10th. The lottery results will be posted on the website at 2 p.m. on the 10th, and unit designation and contracts will proceed from 10 a.m. on the 11th.


This complex is an apartment subject to the price ceiling system, with prices in the low 9 million KRW range per 3.3㎡. In particular, the 73㎡ units are supplied at prices in the high 200 million KRW range, which is lower than the market price, making the initial investment burden lighter. The intermediate payment is set at only 50%, so loan interest costs are relatively low.


The complex consists of 15 buildings from 2 basement floors to 26 floors above ground, with a total of 954 households of 73㎡ and 84㎡ exclusive areas. Together with the previously sold Phase 1 and Phase 2, a brand town of a total of 2,663 households will be formed.


‘Naepo New City EG the1 Phase 3’ boasts an excellent location. It is an apartment complex that includes elementary, middle, and high schools such as Boseong Elementary, Deoksan Middle, and Deoksan High School. It is also adjacent to a large Hanaro Mart, the Chungnam Sports Center (planned), and the central commercial district, making daily life convenient. Around the complex, there is approximately 2.7 million㎡ of Hongye Park and Mokri Stream waterfront park, and with a landscaping rate of 40% within the complex, it is considered an eco-friendly complex.


Its differentiated specialized design is also a strength. Each household is provided with a storage room in front of the home, and for the 84㎡ units, three-sided openings and a wide living room (6.1m) are applied. It also features various cultural and leisure spaces such as a soundproof music lesson room, gateball court, golf course, and fitness center. Various community facilities such as a Mom-Kids Cafe, guest house, and small library are planned.


In June, the Seohae Line-KTX (Gyeongbu High-Speed Railway) connection project and the Chungcheong region metropolitan railway Phase 3 section from Gang-gyeong to Gyeryong were finally reflected in the national plan. Once these two lines are connected, KTX trains will operate on the Seohae Line, reducing travel time from Hongseong to Seoul from 2 hours to 48 minutes.


Naepo Innovation City is being developed by dividing the first development zone (south side), which was created in the early stages of the new city, and the second development zone (north side), which is currently under development.



Move-in is scheduled for March 2024. The model house is located in Hongseong-gun, Chungnam.


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

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