‘Imun I-Park Xi’, Highest Competition Rate of 163 to 1 in Non-Sequential Subscription

- 4,829 Applications for 152 Households... Average Competition Rate Recorded at 31.77 to 1
- Official and Preliminary Resident Contracts Held at Model House on Tuesday, 19th

‘Imun I-Park Xi,’ the largest complex developed in Imun and Hwikyung New Town, received nearly 5,000 applications in its non-designated subscription. It is evaluated that the high expectations of demanders were reaffirmed as a landmark complex with excellent location, brand, and product quality.

In the non-designated subscription held on the 15th (Friday) for Imun I-Park Xi, 4,829 applicants competed for 152 units, recording an average competition rate of 31.77 to 1. Applications were accepted for a total of nine housing types, all of which were fully subscribed. The highest competition rate was for the 84A㎡ unit, with 4,406 applicants for 27 units, resulting in a competition rate of 163.19 to 1.

The non-designated subscription accepts applications for units that were disqualified during the general sale and contract process, including those who did not meet subscription criteria, as well as units from contract cancellations, selecting winners through a random drawing method.

A sales official explained, “Many people applied due to the combined expectations that this landmark complex, representing the region in terms of location, brand, and scale, will establish itself firmly, along with hopes for easing housing shortages and interest rate cuts leading to rising house prices. Among real demanders, many were unsuccessful in previous draws, and since there has been continuous high interest even after official contracts, we expect the non-designated contracts to proceed smoothly.”

Meanwhile, ‘Imun I-Park Xi’ is a landmark-scale complex consisting of 25 buildings ranging from six basement floors to a maximum of 41 floors above ground, totaling 4,321 units, of which 1,467 units with exclusive areas of 20 to 102㎡ were supplied to the general public.

Imun I-Park Xi boasts excellent location conditions. It is a super-station area near Seoul Subway Line 1’s Hwigyeong Station and within walking distance to Sinimun Station on the same line, making it a double-station area. Residents can enjoy leisure activities and a pleasant living environment by walking to Cheonjangsan Mountain and Jungnangcheon Stream. Particularly, the third phase is a city forest complex embracing Cheonjangsan, offering a comfortable and relaxed residential life.

The educational environment is also excellent. Schools such as Imun Elementary, Seokgwan Middle, Seokgwan High, Kyunghee Middle, and Kyunghee High are within walking distance, ensuring safe commuting for children. Nearby, prestigious institutions like Hankuk University of Foreign Studies, Kyunghee University, Korea National University of Arts, and KAIST Seoul Campus are concentrated, providing an outstanding educational environment.

Additionally, large retail facilities such as Lotte Department Store Cheongnyangni Branch, Costco Sangbong Branch, Homeplus Sangbong Branch, and E-Mart Mukdong Branch are nearby. Various convenience and medical infrastructures, including Kyunghee Medical Center, Samyook Seoul Hospital, Imun Sports and Culture Center, Imun Children’s Library, and community centers, are abundant.

Contracts for winners of the non-designated subscription will be held on the 19th (Tuesday) from 10:00 to 15:00, and contracts for reserve residents will be conducted at the model house on the same day from 15:00 to 18:00.

The model house is located in the Imun-dong area of Dongdaemun-gu, Seoul, and move-in is scheduled for November 2025 for phases 1 and 2, and May 2026 for phase 3.

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