Hoban Construction Completes Subscription Within Rank for All Housing Types at Dangjin 'Hoban Summit Signature Phase 3'

Hoban Summit Signature Phase 3 Bird's-eye View.

[Asia Economy Reporter Kim Min-young] Hoban Construction's 'Hoban Summit Signature Phase 3' apartments, sold in the RH-3 block of Sucheong 2 District, Dangjin-si, Chungnam, have completed subscription within the ranking for all housing types.

According to the Korea Real Estate Agency's subscription homepage on the 17th, over two days starting from the 15th, 2,703 applicants applied for 660 units (excluding special supply) of Hoban Summit Signature Phase 3 apartments, recording an average competition rate of 4.10 to 1.

The 84㎡A exclusive area type was the most competitive, with 654 applicants for 39 units in the first priority, resulting in a competition rate of 16.77 to 1. The 84㎡AP type also recorded a competition rate of 4.52 to 1 with 995 applicants for 220 units. However, for the 84㎡B type, 678 applicants applied for 401 units in the first priority, showing a competition rate of 1.69 to 1, but since the number of preliminary winners was not filled, second priority subscriptions were accepted.

A Hoban Construction sales official said, "Hoban Summit Signature Phase 3 offers easy access to the dense administrative, business, commercial, and educational facilities around Sucheong 2 District," adding, "Along with the previously supplied Phases 1 and 2, it is expected to form a brand town, which seems to have led to good subscription results."

The announcement of winners for Hoban Summit Signature Phase 3 will be on the 22nd, and the official contract period will be held for four days from the 4th to the 7th of next month.

The sale price of these apartments is an average of 9.35 million KRW per 3.3㎡, which is reasonable compared to surrounding market prices due to the application of the price ceiling system. The down payment is 10%, and 60% of the intermediate payment is offered as an interest-free loan to reduce financial burdens. Balcony expansion is also provided free of charge.

Hoban Summit Signature Phase 3 consists of 853 units in 8 buildings ranging from 3 basement floors to 25-29 floors above ground, composed solely of the highly preferred 84㎡ exclusive area type. By type, there are 102 units of 84㎡A, 425 units of 84㎡B, and 326 units of 84㎡AP.

Surrounding roads such as Dongbu-ro, Nambu-ro, and National Road 32 are well maintained. Access to the Seohaean Expressway Dangjin IC is convenient, allowing quick travel to the metropolitan area, Cheonan, Asan, and Pyeongtaek.

Hoban Summit Signature Phase 3 is mainly arranged facing south, providing good lighting and ventilation. All units feature a 4-bay innovative floor plan design, enhancing openness. Inside the units, various storage spaces such as large dressing rooms and multipurpose rooms (in some units) are provided.

The model house is currently operating in the Wondang-dong area of Dangjin-si, and move-in is scheduled for September 2024.

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