5th Private Pre-Subscription, Applications Open on 28th... 1,573 Units Supplied in Osan Segyo 2 District

Location map of Osan Segyo 2 District.

[Asia Economy Reporter Jo Gang-wook] The Ministry of Land, Infrastructure and Transport announced on the 17th that it will conduct the 5th private pre-sale subscription for 1,600 units in the Osan Segyo 2 District, starting with the recruitment announcement on the 18th.

In this 5th pre-sale subscription, Hoban Construction will supply a total of 1,030 units (927 units for pre-sale subscription) in Osan Segyo 2 District A13 Block, including exclusive areas of 59㎡ and 84㎡. Won Construction will supply a total of 715 units (646 units for pre-sale subscription) in A20 Block, including exclusive areas of 69㎡, 72㎡, and 84㎡.

Osan Segyo 2 District is accessible via Osan Station and Osan University Station on Seoul Metropolitan Subway Line 1, and is located near the Gyeongbu Expressway (Osan IC), the 2nd Capital Region Circular Expressway, and the Western Bypass Road.

Additionally, the complex is near Osan City Hall and industrial complexes (Gajang 1, Gajang 2, etc.), making job acquisition convenient, and is adjacent to Gajangcheon Stream, Mulhyanggi Arboretum, and Osan Sports Complex.

According to the estimated sale price calculation, Osan Segyo 2 is priced at 300 million to 400 million KRW per unit (12 million to 13 million KRW per pyeong), which is 15% to 20% cheaper compared to nearby market prices. However, the estimated sale price is based on the application date and may change at the time of the official sale due to design and permit changes or fluctuations in basic construction costs.

The private pre-sale subscription is for private housing supplied on public land, with 37% of the total supply allocated for general supply and the remaining 63% allocated for special supply categories such as newlyweds (20%), first-time homebuyers (20%), and multi-child families (10%). Notably, the general supply ratio is higher compared to public pre-sale subscriptions (general 15%, special 85%). Of the total supply, 306 units, which is 20%, will be allocated by lottery.

In addition to the 128 units allocated by lottery for general supply, 30% (178 units) of the special supply for first-time homebuyers and newlyweds will also be allocated by lottery under the private housing special supply lottery system. However, applicants exceeding 160% of the income standard can only apply for the first-time homebuyer and newlywed special supply lottery if their real estate assets are 331 million KRW or less (excluding jeonse deposits).

Pre-sale subscription applications will be accepted from the 28th to the 30th of this month, with winners announced on the 5th and 6th of next month. After qualification verification, the final pre-sale contract recipients will be confirmed.

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