Amid Mixed Trends in the Real Estate Market, ‘Gumi Indong Haneulchae The Urban 2nd Phase’ Gains Popularity for Both Residential Use and Investment Value

- Unlike last year, the housing market begins to separate the wheat from the chaff, with places boasting excellent living conditions and high future value still experiencing a 'bull market'
- Kolon Global Co., Ltd. successfully completed subscriptions for 'Gumi Indong Haneulchae Dearban 2nd Phase,' featuring outstanding living conditions and future value

As the government's real estate regulations coincide with the Bank of Korea's base interest rate hikes, a sorting process is underway in the pre-sale market, and complexes that possess both residential value and investment value continue to enjoy high popularity in the pre-sale market.

In complexes with abundant jobs and living infrastructure nearby, which offer high residential value, there is always a waiting demand for home purchases. Especially when combined with excellent product qualities such as newly built large-scale apartment complexes, demand for switching from nearby existing apartments and adjacent areas also increases.

Moreover, in areas where large-scale companies are scheduled to move in and transportation developments are planned, high future value is expected, attracting investors’ attention, and despite recent mixed trends, these areas are maintaining strong popularity.

A real estate expert said, “Unlike last year’s atmosphere where pre-sales were immediately sold out, this year the sorting process in the real estate market is in full swing. However, complexes that offer high residential preference by providing close access to large-scale jobs and abundant living infrastructure, and also embrace various development benefits with expected investment value, continue to attract a flood of applicants daily, maintaining a streak of sold-out sales.”

A representative example is Kolon Global Co., Ltd.’s ‘Gumi Indong Haneulchae The Urban 2nd Phase’ currently on sale in Gumi City, Gyeongsangbuk-do. Although the Daegu and Gyeongbuk pre-sale markets are experiencing a downturn, ‘Gumi Indong Haneulchae The Urban 2nd Phase,’ located in the central living area of Gumi Indong with outstanding residential and investment value, attracted an impressive 4,544 subscription accounts and completed its subscription with a high competition rate.

The transportation environment is also a strength. It is easy to travel to major cities such as Daegu, Daejeon, and Busan via National Route 33 and the Namgumi IC on the Gyeongbu Expressway, and accessibility to the entire Gumi city area, including the Gumi Gangseo district and Okgae expansion complex, is good through Export Road and Gumi Bridge. It is also convenient to use Gumi Station on the Gyeongbu Line and Gumi General Terminal, and the Daegu metropolitan railroad extending from Gumi to Gyeongsan is scheduled to open in 2024, which will further improve the transportation environment upon move-in.

Furthermore, Gumi City in Gyeongbuk, where Gumi Indong Haneulchae The Urban 2nd Phase is being developed, is a non-regulated area allowing resale of pre-sale rights. The complex itself offers differentiated benefits such as interest-free interim payments, free balcony expansion construction, and fixed contract deposits.

Gumi Indong Haneulchae The Urban 2nd Phase is currently operating a model house. The winners will be announced on Tuesday, July 19, and official contracts will be conducted from Monday, August 1 to Thursday, August 4.

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