1414 Applicants for 377 Households
Today is the First Priority Registration for the Area

Interior view of the Indukwon Xi SK VIEW model house. (Provided by GS Construction)

Interior view of the Indukwon Xi SK VIEW model house. (Provided by GS Construction)

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[Asia Economy Reporter Kim Hyemin] Indeokwon Xi SK View, supplied in Naeson-dong, Uiwang-si, Gyeonggi-do, sold out all types in the special supply held on the 19th.


According to the Korea Real Estate Board's subscription website on the 20th, a total of 1,414 applicants applied for 377 units in the special supply of this complex, recording an average competition rate of 3.75 to 1.


The highest competition rate was for the 59㎡A exclusive area, with 486 applicants for 54 units, showing a 9 to 1 competition rate. Following that, 74㎡A and 59㎡B also closed with competition rates of 5.5 to 1 and 5.37 to 1, respectively. A sales official said, "We anticipated some popularity as about 21,000 people visited the model house from the 14th to the 18th," adding, "Expectations for first-priority subscription closure are high."


Indeokwon Xi SK View is a large apartment complex consisting of 20 buildings, ranging from 4 basement floors to a maximum of 29 floors, with a total of 2,633 units. The average sale price is 28.77 million KRW per 3.3㎡. The deposit can be paid in two installments during the official contract. For housing types priced below 900 million KRW, 40% of 60% of the intermediate payment can be loaned with interest deferred.



Excluding the special supply, the remaining 522 units will accept first-priority subscriptions today for the relevant area (residents of Uiwang-si for over 2 years) and other areas (residents of Uiwang-si under 2 years and the metropolitan area). The winners will be announced on the 28th of this month, and the official contract period will be from the 1st to the 13th of next month. Move-in is scheduled for May 2025.


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

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