DL E&C, ‘ePyeonhansesang Dongtan Park Honors’ Phases 1 and 2 Both Sold Out

1st Phase Early Sale Completed · 2nd Phase Official Contracts Completed Within Half a Month
Demand Surges Due to Semiconductor Cluster and GTX Benefits

DL E&C announced on the 7th that 'e-Pyeonhansesang Dongtan Park Honors,' which was sold in the Dongtan 2 New Town development area in Sindong, Hwaseong-si, Gyeonggi-do, has been 100% sold out. Following the early sale completion of the first batch, the second batch of units was also sold out about two weeks after the official contract signing began.

'E-Pyunhansesang Dongtan Park Honors' bird's-eye view. (Provided by DL E&C)

'e-Pyeonhansesang Dongtan Park Honors' had previously completed the early sale of 437 units in the first batch supplied in March, thanks to the rare large-to-medium-sized well-being complex in the area and the anticipation of semiconductor-related benefits.

Furthermore, the second batch of 363 units offered in June attracted a total of 1,500 applicants during the first and second priority subscription periods. Some unit types recorded a highest competition rate of 22.33 to 1.

This was because it was seen as an opportunity to enter a complex with semiconductor-related benefits and also an e-Pyeonhansesang brand apartment embracing the large-scale development benefit of GTX, which positively influenced housing demand.

Additionally, the supply conditions of a 10% down payment (a fixed amount of 10 million KRW for the first batch), 10% interim payment, and 80% balance minimized the interest burden from interim payment loans, which was also cited as a key factor in its success.

'e-Pyeonhansesang Dongtan Park Honors' is being developed on Block A56 in the Dongtan 2 New Town development area in Sindong, Hwaseong-si, Gyeonggi-do, consisting of 13 buildings from 2 basement floors to 12 above-ground floors, totaling 800 units.

The Dongtan 2 New Town where the complex is located is adjacent to the Yongin Semiconductor Cluster, which is being developed as the world's largest scale. It is estimated that about 40,000 workers will be stationed at the Yongin Semiconductor Cluster in the future, and it is predicted that high-income workers will naturally flock to Dongtan 2 New Town, which is well-equipped with various infrastructures.

Moreover, the Suseo-Dongtan section, part of the GTX-A line of the Seoul Metropolitan Area Express Railway, is scheduled to open in the first half of next year. Once this section opens, travel time can be reduced by about 60 minutes compared to using buses and subways.

'e-Pyeonhansesang Dongtan Park Honors' incorporates the latest specialized designs such as the 'C2 House' and 'Smart Clean & Care Solution,' which have not been introduced before in Dongtan 2 New Town. A high-end community will also be established within the complex. A sky lounge will be provided on the top floor, along with a family cinema, an indoor screen golf practice range with individually installed screen tee boxes, and an indoor kids' gym where various exercises can be enjoyed regardless of the season.

The move-in for 'e-Pyeonhansesang Dongtan Park Honors' is scheduled for November 2024.

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