50% Below Market Price... Public-Private Rental 'Suwon Station Prugio The Smart' Tenant Recruitment

'Suwon Station Prugio The Smart' Perspective View

Daewoo E&C announced on the 24th that it has opened a cyber model house for the public-supported private rental apartment "Suwon Station Prugio The Smart," located in the A-2 block area of the residential environment improvement project district in Godeung-dong, Paldal-gu, Suwon-si, Gyeonggi-do, and is recruiting tenants.

This is a public-supported private rental apartment where residents can live stably for 8 years. A total of 177 units, accounting for 62% of the total number of households, will be supplied to general applicants who are household members aged 19 or older without homeownership and without residency restrictions. The remaining 38%, or 108 units, are specially supplied to youth and newlyweds.

Suwon Station Prugio The Smart consists of 5 buildings with 15 floors above ground and 2 basement levels, totaling 285 units. The number of units by exclusive area is 52 units of 69㎡A, 56 units of 69㎡B, 121 units of 79㎡A, 52 units of 79㎡B, and 4 units of 79㎡C. The complex offers excellent transportation access, being within walking distance of Suwon Station, which serves Seoul Subway Line 1, Suin-Bundang Line, and KTX.

The rental conditions differ between general and special supplies. The standard rental condition for general supply is a deposit of 185.7 million KRW and a monthly rent of 359,000 KRW for the 69㎡ units, and a deposit of 205 million KRW with a monthly rent of 380,000 KRW for the 79㎡ units. For special supply, the standard rental condition for the 69㎡ units is a deposit of 182.8 million KRW and a monthly rent of 258,000 KRW, which is slightly cheaper than the general supply. Additionally, if the deposit under the standard rental condition is burdensome, tenants can reduce the deposit through Select Type I and Select Type II options.

Aligned with the public-supported private rental apartment model, the rent is economically priced at 50% to 80% of the surrounding apartment rental market rates, with the key advantage of stable residence for 8 years.

Applications for both special and general supply subscriptions can be made through the Korea Real Estate Board's subscription website starting March 2. The announcement of successful applicants will be on March 7, and the designated contract period is from March 11 to March 14. However, for the youth share house subscription under special supply, applications open on March 2, with the announcement on March 3, and this process is conducted separately at the sales office.

The sales office is currently operating at 93-3 Hwaseo-dong, Paldal-gu, Suwon-si, and move-in is scheduled for June 2022.

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