Cheongju 'The Sharp Ochang Prestige' First Priority Subscription Closed... Average 12.97 to 1

POSCO E&C's 'The Sharp Ochang Prestige,' introduced in the Ochang Science Industrial Complex in Cheongju, Chungbuk, closed its first-priority subscription with an average competition rate of 12.97 to 1.

'The Sharp Ochang Prestige' perspective / Image provided by POSCO E&C

According to the Korea Real Estate Board's subscription homepage on the 26th, The Sharp Ochang Prestige received a total of 6,216 subscription applications for 479 households (excluding special supply) during the first-priority subscription held the previous day, showing an average competition rate of 12.97 to 1. The highest competition rate was 44.81 to 1, recorded for the 99㎡B exclusive area unit.

It is analyzed that the demand was attracted because this is the first new apartment supply in the Ochang area in a long time and it is a rare large-to-medium-sized branded apartment for all households in the region. Additionally, the Ochang Science Industrial Complex, where the complex is located, is emerging as a global hub for secondary batteries, and the government has further designated it as a national advanced strategic industrial complex specialized in secondary batteries.

A sales official stated, "Satisfaction with the detailed product design unique to The Sharp brand was high," adding, "The differentiated exterior, indoor care room, hidden kitchen configuration, and various space arrangements with expanded openness received strong responses, which seems to have resulted in this good outcome."

The Sharp Ochang Prestige is located at 814-2, Yangcheong-ri, Ochang-eup, Cheongwon-gu, Cheongju City, consisting of six buildings from six basement floors to a maximum of 49 floors above ground, with a total of 869 units including 644 apartments and 225 officetels. Among these, 644 apartments (with exclusive areas ranging from 99 to 127㎡) were offered first.

The upcoming schedule includes announcing the winners on the 6th of next month and conducting official contracts from the 17th to the 19th.

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