Baegun Lake Prugio Forest Morning 'Sweet' Complex 1 Scheduled to Open in January
- Initial Contract Holder 'Rental Deposit' Zero Increase for 4 Years
- 50% Interest-Free Loan on Interim Payments Provided
Wang City’s Uiwang Baegun Valley Baegun Lake Prugio Forest Morning 'Suite' is being developed as a resort-level silver town for active seniors, with the first phase supplying 325 households starting in January. The plan is to fully launch the first phase supply as soon as the contracts for the nearly sold-out second phase of 211 households are completed.
Baegun Lake Prugio Forest Morning 'Suite' is a rental-type silver town exclusively for residents aged 60 and above, directly developed and operated by the leading domestic developer, the 'MDM' Group. It consists of a total of 536 households (211 in phase 2 / 325 in phase 1) with exclusive areas of 61㎡ and 84㎡, with the 211 households in phase 2 having been supplied first.
Baegun Lake Prugio Forest Morning 'Suite' is characterized by offering the best residential environment for a rich and leisurely retirement life by introducing various care programs and ancillary facilities.
Here, residents can enjoy healthy meals prepared by dedicated nutritionists, housekeeping services responsible for cleaning and waste separation, concierge services acting as personal assistants for scheduling various appointments, allowing them to dream of complete liberation from work and household chores. Additionally, customized medical services are readily available with medical facilities located within the complex and nurses on site.
Moreover, the complex has introduced the 24-hour total life care program called ‘Club Four Seasons’ to support a variety of activities.
Club Four Seasons is designed at a mammoth scale of approximately 11,000㎡ (about 3,500 pyeong), comparable to two World Cup stadiums, with finishes at a 5-star hotel level. It includes an indoor swimming pool (25m, 3 lanes), an outdoor sunken pool, a golf practice range (15 screen seats, 5 screen rooms), a fitness center (about 220 pyeong), hotel-style sauna, body care (hotel-style spa shop), and offers various programs that allow residents to enjoy activity programs in a one-stop manner.
In addition, the complex plans to provide customized services for residents through top-tier professional firms in various fields in Korea, such as the law firm ‘Yulchon’, ‘Garip Accounting Corporation’, and ‘Hana Tour’, which have signed prior business agreements. Each firm will set up dedicated staff and contact points so that residents can receive tailored services from experts in each field with just one phone call.
The complex also stands out for its tailored specialized design for senior generations, enhancing residential comfort throughout. Key design features include entrance benches, step-free design, sliding doors in all rooms, emergency call buttons, safety bars, non-slip tiles, safety guide lights, elevator-type downward evacuation routes, and circulation flow in the master room bathroom.
A sales official stated, “It is practically at a level where residents only need to move in, and the satisfaction of contract holders is quite high,” adding, “Also, the favorable sales conditions that reduce price burdens have received positive responses from buyers, and we expect significant interest in the first phase supply following the closing of contracts for the second phase.”
In fact, Baegun Lake Prugio Forest Morning 'Suite' has set a deposit lower than that of other senior welfare housing, reducing the price burden. Furthermore, initial contract holders can live stably for up to four years without any increase in the deposit, including contract renewals. Additionally, interest-free loans are provided for 50% of the total 60% interim payment, alleviating concerns about interest rates on interim payments.
Moreover, since home appliances such as refrigerators, kimchi refrigerators, dryers, washing machines, and system air conditioners (3 units) are all provided free of charge, the price burden on buyers is further reduced, according to the company.
Meanwhile, Baegun Lake Prugio Forest Morning 'Suite' is composed together with a high-end sale-type officetel (exclusive areas of 99㎡ and 119㎡, totaling 842 units), and is being developed as Korea’s first ‘multi-generational coexistence’ residential complex, enabling three generations?parents, children, and grandchildren?to enjoy life ‘together yet separately’ with ease.
The high-end sale-type officetel is also currently being sold on a first-come, first-served basis amid high interest, and it is attracting attention as it offers various benefits to reduce burdens and specialized designs comparable to apartments, with inquiries continuing daily.
In fact, Baegun Lake Prugio Forest Morning officetel sales proceed regardless of home ownership, without the need for disposal conditions or submission of financing plans, and resale is possible immediately upon contract. It also offers interest-free loans for 60% of the interim payment and additional interest-free loans for 5% of the contract deposit, so buyers only need the 5% deposit with no additional financial burden until move-in.
Furthermore, all units come with system air conditioners (4?5 units), built-in wardrobes (1?2 units), sliding doors, and hybrid cooktops as free options, and there is no balcony extension fee, further reducing buyers’ financial burdens.
Hot Picks Today
The promotional center for ‘Baegun Lake Prugio Forest Morning’ is located in Hakui-dong, Uiwang City, Gyeonggi Province, and more detailed information can be obtained by visiting the promotional center.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.