[Cherry Blossom Subscription Ending] Full Deposit Refund Confidence... 'Dalseo Lotte Castle Central Sky'

'Dalseo Lotte Castle Central Sky' Perspective View

Lotte Construction is implementing the ‘Deposit Safety Guarantee System’ for the first time in Daegu for the contract holders of ‘Dalseo Lotte Castle Central Sky (Apartment Division)’ currently being sold in the 743 area of Bon-dong, Dalseo-gu, Daegu. According to Lotte Construction, if contract holders wish to cancel their contracts at a certain point after signing, they will refund the entire deposit (excluding some option costs and taxes/fees) without any penalty.

Lotte Construction has committed to cancel contracts and fully refund deposits if a cancellation request is received within the special cancellation period, up until the end of the designated move-in period. Additionally, balcony extension costs are included in the Deposit Safety Guarantee System to minimize the burden on contract holders.

In addition to the Deposit Safety Guarantee System, Lotte Construction plans to provide ‘Special Cancellation Compensation’ or ‘Move-in Support Funds.’ The Special Cancellation Compensation is a system that offers partial support to existing contract holders even if the contract is canceled. Lotte Construction plans to pay the existing contract holders (the party canceling the contract) an amount calculated by applying an annual interest rate of 5.0% on the deposit, prorated from the day after the full payment of the original contract deposit until the move-in start date. Benefits will also be provided to residents who maintain their contracts. The Move-in Support Funds will be provided to residents (main contract holders) under the same conditions as the Special Cancellation Compensation (from the day after full payment of the contract to the move-in start date, at an annual rate of 5.0%).

Dalseo Lotte Castle Central Sky will be constructed with a total of 3 buildings, ranging from 5 basement floors to a maximum of 48 floors above ground, offering a total of 529 units (including officetels). Both apartments and officetels will have a single exclusive area type of 84㎡. The model house is set up at Lotte Department Store Daegu Branch. A Lotte Construction official stated, "With the implementation of the Deposit Safety Guarantee System, buyers can effectively determine the actual purchase timing by observing real estate market trends," adding, "This system provides stability for contract holders and enhances sales potential for the construction company, creating a ‘win-win’ opportunity for both parties."

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