LH Launches Sale of 688 Housing Units in Hwaseong Taean3 B-3 Block

Korea Land and Housing Corporation (LH) announced on the 10th that it conducted a resident recruitment announcement for 688 public sale housing units in Block B-3 within the Hwaseong Taean 3 housing development project district on the 7th.

Aerial view of Hwaseong Taean 3 B-3. [Photo by LH]

Hwaseong Taean 3 Block B-3 is the last supply quantity in the Hwaseong Taean 3 district. A total of 688 units were subject to a preliminary subscription in July last year, and will be constructed as 15 buildings with up to 15 floors.

All units are exclusively 84㎡, and the complex has a floor area ratio of 130%, providing very high residential comfort. There are abundant storage spaces such as alpha rooms, pantries, and entrance closets, and resident communal facilities such as a fitness center, indoor golf practice range, and guest house are also provided within the complex.

This complex is subject to the price ceiling system, with an average sale price of 11.96 million KRW per 3.3㎡, and the price per unit is in the high 30 million KRW range. A three-year resale restriction applies without a residence obligation.

Eligibility for application requires being an adult member of a non-homeowner household residing in the metropolitan area, subscribing to the resident savings, and meeting income and asset requirements (excluding general supply).

The supply types are divided into preliminary subscription winners, special supply (▲institution recommendation, national merit ▲newlyweds ▲first-time homebuyers ▲elderly parent support ▲multiple children), and general supply.

General supply is available to non-homeowner household members who have subscribed to the resident savings without income or asset requirements, and 20% of these are selected by lottery regardless of the subscription amount or frequency.

The preliminary subscription winners will be announced on the 17th, special supply on the 18th, and general supply from the 19th to 20th. The final winner announcement will be on the 4th of next month.

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