GS Construction Launches Sales for 'Iksan Xi Grand Park'... Model House Opens on 17th
Large Complex of 1,431 Households... Priority Subscription Applications Open on the 28th
[Asia Economy Reporter Kim Hyemin] GS Construction has begun the sales schedule for the large apartment complex 'Iksan Xi Grand Park' being built in Iksan, Jeonbuk.
GS Construction announced on the 16th that it will open the model house for Iksan Xi Grand Park, located in Madong 41 area, Iksan-si, Jeonbuk, on the 17th and start full-scale sales.
The complex consists of 9 buildings with a total of 1,431 households, ranging from 3 basement floors to a maximum of 38 floors above ground. The national standard size of 84㎡ accounts for 1,009 households, mostly medium to large-sized units preferred in the region. The complex is designed with a slab-type structure and mainly oriented south. On the 38th floor, the highest floor, community facilities such as a sky lounge and guest rooms for visitors will be established.
The complex is developed together with Madong Park, allowing residents to use the park as their front yard. A tennis court of approximately 30,000㎡ will also be created, along with various educational and experiential spaces such as a community center, traditional book cafe, etiquette experience center, and a forest experience center for young children. Surrounding the area are green facilities including Sudosan Sports Park, Jungang Sports Park, and Sinheung Neighborhood Park.
Within a radius of about 1.5 km from the complex is KTX Iksan Station, and Seonhwa-ro, which crosses Iksan downtown, is adjacent, making it convenient to move throughout Iksan city. As a residence close to workplaces, it is also near Iksan National Industrial Complex and Iksan Precious Metals Jewelry Industrial Complex.
Iksan is a non-regulated area, so the restrictions on first-priority subscription qualifications are lighter. Anyone aged 19 or older who has held a subscription savings account for more than 6 months can qualify for first-priority subscription. Homeowners and household members can also apply. There are no restrictions on resale of pre-sale rights or re-winning.
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Applications start with special supply on the 27th, followed by first-priority on the 28th, and second-priority on the 29th. The announcement of winners will be on January 4th next year. Move-in is scheduled for February 2025.
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