Nationwide Apartment Popularity Remains Strong... Increase in Supply of 'Exclusive 84㎡ Single Area' Units

Ssangyong The Platinum Samgye Perspective View.

[Asia Economy Reporter Kim Hyemin] Apartment complexes supplying only the exclusive area of 84㎡, known as the national standard size, are increasing. This is analyzed to be because it is the most preferred size by consumers and has a high possibility of being fully subscribed.

According to the industry on the 18th, Ssangyong Construction plans to supply 'Ssangyong The Platinum Samgye' in the Samgye-dong area of Gimhae-si, Gyeongnam, composed solely of 84㎡ exclusive area units. The model house opened on the 8th, and full-scale sales have begun. This complex consists of 2 buildings, 253 households, ranging from 2 basement floors to a maximum of 27 floors above ground, and is supplied only in the exclusive area of 84㎡.

Bando Construction will sell 'Yubora Cheonan Dujeong Station' at the end of this month in the Dujeong-dong area, Seobuk-gu, Cheonan-si, Chungnam. This complex, consisting of 8 buildings and 556 households from 2 basement floors to 29 floors above ground, is also composed solely of 84㎡ exclusive area units. In addition, Woomi Construction plans to launch 'Muan Oryong District Woomirin' this month in the Oryong District of Namak New Town, Muan-gun, Jeonnam. This large complex consists of 14 buildings and a total of 1,057 households from 1 basement floor to a maximum of 25 floors above ground, all composed of a single exclusive area of 84㎡.

Additionally, 'Hanwha Forena Daejeon Wolpyeong Park' will be sold in the Jeongnim-dong and Doma-dong areas of Seo-gu, Daejeon. Other complexes such as Cheonan Buseong District Hallabibaldi, Hillstate Bullo Forest, and Kumho Richensia Prestige are also preparing to supply units solely with an exclusive area of 84㎡.

Typically, apartments are generally composed of various sizes ranging from small and medium-sized 59㎡ to large 114㎡ units. However, small and medium sizes often lack space, and large sizes are sometimes avoided due to high prices caused by VAT imposition. On the other hand, the exclusive area of 84㎡ is optimized for families of 3 to 4 members and has relatively steady demand due to its reasonable price.

In fact, according to an analysis by Real Estate R114 of the Ministry of Land, Infrastructure and Transport's actual transaction price disclosure system, 61,845 households with exclusive areas between 66㎡ and less than 99㎡ were traded from January to May this year, accounting for about 46% of the total sales transactions.

An industry official said, "From the construction companies' perspective, composing only the exclusive area of 84㎡ can reduce construction cost burdens and worries about unsold units," adding, "In the polarized sales market recently, there are many cases of focusing on supplying the national standard size, which is highly preferred by actual consumers."

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