Examining the 3rd Preliminary Subscription... Location 'Hanam Gyosan' Possibility 'Yangju Hoecheon'

High Competition Expected for Hanam Gyosan and Gwacheon Juam
Gwacheon to Supply 114 Units of 84㎡ Only
Yangju Hoecheon Far but with Good Transportation Network
Siheung Hajungdo Popular Among Newlyweds in Western Area

Among the 3rd phase new towns, about 2,500 households will be supplied through the 3rd pre-sale subscription on the 1st of next month in Hanam Gyosan and Gwacheon Juam, which are highly preferred by demanders. Although the estimated sale prices in these two areas are relatively high, ranging from 400 million to 800 million KRW, they are much cheaper compared to the surrounding market prices, and with excellent transportation networks and locations, it is expected that a record number of subscription applicants will flock.

However, experts advise that since popular areas like Hanam Gyosan have lower winning probabilities, it is also good to select ‘prime’ locations such as Yangju Hoecheon or Siheung Hajung according to individual circumstances and apply for subscriptions there.

Popularity in Hanam Gyosan, Location Advantage in Gwacheon Juam

According to the Ministry of Land, Infrastructure and Transport on the 18th, the 3rd pre-sale subscription schedule for a total of 4,100 households will officially begin with the announcement of resident recruitment on the same day. Among the candidate sites, Hanam Gyosan (1,056 households) stands out as the most eye-catching. It was ranked first in the preference survey before the pre-sale subscription. Using Hanam Geomdansan Station on Subway Line 5, it takes only 30 minutes to reach Gangnam. The A2 block supplied this time is considered a ‘prime’ location within the Gyosan district due to its proximity to the subway station.

Hanam Gyosan is a large-scale housing development district, so 50% of the supply is allocated to residents of Seoul and other metropolitan areas. However, all pre-sale subscription units are small-sized under 60㎡ (exclusive area), and the absence of the highly preferred 84㎡ units is a downside for demanders.

The most intense competition is expected in Gwacheon Juam, known as a quasi-Gangnam area. This is because it is the only pre-sale subscription target that includes 114 medium-sized 84㎡ apartments. The nearby Government Complex Gwacheon Station will also be served by the GTX C line of the metropolitan area express railroad. Although the estimated sale price is high at 884.6 million KRW, it is still about ‘half price’ compared to the surrounding market prices. An industry insider said, "Most residents who failed the Gwacheon Knowledge Information Town subscription will apply here."

However, except for the 84㎡ units, the remaining supply consists of small-sized newlywed hope town units, and the entire supply is preferentially allocated to Gwacheon residents, so in reality, the chances for Seoul residents to win are expected to be slim.

Yangju and Siheung Have Lower Prices but Poorer Accessibility

Yangju Hoecheon (825 households) and Siheung Hajung (751 households) have relatively less favorable locations due to their greater absolute distance from Seoul. However, there are abundant transportation benefits. Jeong Ji-young, CEO of iOne and a subscription expert, evaluated, "Siheung Hajung is cost-effective because it is convenient to use the Sinansan Line, Wolgot-Pangyo Line, Gimpo Airport Line 9, and GTX." Siheung Hajung’s supply consists entirely of newlywed hope town units supplied 100% to the local area. Interest from newlywed couples residing in the western metropolitan area is expected.

In the case of Yangju Hoecheon, although it is the farthest from Seoul, it is close to Deokjeong Station on the GTX-C line and Deokgye Station on Subway Line 1. The estimated sale price is the cheapest among the 3rd pre-sale subscription target apartments at 291.85 million KRW. The supply ratio is 30% for Yangju City, 20% for Gyeonggi Province, and 50% for other metropolitan areas, so Seoul residents also have opportunities.

How to Increase Winning Probability

The 3rd pre-sale subscription is expected to have a higher competition rate than the 2nd phase. In the 2nd phase, a significant portion of the supply was preferentially allocated to the local area, but this time, a large supply is also coming to the metropolitan area, including Hanam Gyosan and Yangju Hoecheon. Experts advise that when highly competitive areas like Hanam Gyosan appear, it is also good to aim for outer areas with good transportation such as Yangju Hoecheon or newlywed hope towns with local preferential supply.

CEO Jeong said, "When interest is concentrated in one place, applying to other places increases the chance of winning. Among them, Yangju Hoecheon seems to have low scores, but since the GTX-C line will come later, it is good to aim for it."

Ham Young-jin, head of the Zigbang Big Data Lab, advised, "Since the competition rate for general supply is higher than for special supply, and competition for public sale is fiercer than for newlywed hope towns, if the number of household members is small and the subscription deposit amount is low, applying to complexes with relatively less competition is a way to increase the winning probability."

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