‘Dongtan Parkrix’ Phase 2 Also Sold Out 100% Following Phase 1... Total of 2,063 Units Contracted

‘Dongtan Parkrix,’ supplied in the new residential culture town of Dongtan 2 New City, has successfully sold out, benefiting from the announcement of the Yongin semiconductor cluster development.

According to Hyundai Construction, Gyeryong Construction Industry, Dongbu Construction, and Daebo Construction (joint contractors) on the 16th, contracts for the remaining units of Dongtan Parkrix Phase 2 were completed on the 15th. As a result, all 2,063 units, including 1,403 units from Phase 1 and 660 units from Phase 2, have been fully contracted.

Earlier, Phase 2, which opened for first and second priority subscription on April 1, received 3,403 applications for 438 units (excluding special supply), achieving an average competition rate of 7.77 to 1, filling all available units. The highest competition rate was recorded for the 110㎡ C-type unit, with an astonishing 241 to 1 ratio.

Although Phase 1 of Dongtan Parkrix did not fill all units during its initial sale in November last year, it achieved a 100% contract rate on the 14th of last month after additional non-priority applications.

Industry insiders consider it unusual that a large complex of over 2,000 units sold out in a short period amid the recent polarization in the housing market. In particular, the benefit from the semiconductor mega cluster is seen as a significant factor.

News that Samsung Electronics will invest 300 trillion won to build the world’s largest semiconductor mega cluster in the Namsa-eup area of Yongin City has positioned Dongtan 2 New City, which borders this area, as the biggest beneficiary.

Additionally, various community facilities within the Dongtan Parkrix complex and reasonable prices?such as a fixed first installment of 10 million won and a sale price in the 500 million won range for an 84㎡ unit?have generated positive word of mouth, attracting demand.

Meanwhile, Dongtan Parkrix consists of a total of 4 blocks, 44 apartment buildings ranging from 2 basement floors to 20 above-ground floors, with units sized between 74 and 110㎡. Move-in is scheduled for July 2025.

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