SH Corporation General Supply Competition Rate: Wirye 105 to 1, Magok 54 to 1

The Most Popular Type in Wirye is 59㎡ with a Competition Rate of 160 to 1
Magok's Most Popular is 59㎡... 67 to 1

The general subscription application for the SH Corporation's New:Home pilot project in Wirye District A1-14 block recorded a competition rate of 105 to 1.

Wirye A1-14 Block

According to SH Corporation, as of the 18th, 7,267 people applied for 69 households in the general subscription for Wirye A1-14 block. The most popular type was the 59㎡ unit, with 5,432 applicants for 34 households, resulting in a competition rate of 160 to 1. The competition rate for the 50㎡ unit was 52 to 1.

The subscription competition rate for Magok District 16 Complex was an average of 54 to 1, with 3,072 applicants for 57 households. In Magok, the 59㎡ unit had the highest competition rate at 67 to 1. The second most popular was the 84㎡ unit at 52 to 1, followed by the 39㎡ unit at 41 to 1, and the 51㎡ unit at 28 to 1.

Due to access disruptions caused by an external certification system error during the special subscription period, additional applications will be accepted from 10 a.m. to 2 p.m. on the 19th.

Magok Complex 16

The special supply quantities are 216 households in Magok and 264 households in Wirye. The special supply targets youth, newlyweds, and first-time homebuyers. There will be no on-site application offices.

Magok 16 Complex is a land leasehold housing, where the land is owned by the public and the building ownership belongs to the purchaser. For land leasehold housing, monthly land lease fees must be paid. The estimated sale prices and land lease fees are ▲39㎡ exclusive area: 235.14 million KRW · 383,200 KRW ▲51㎡: 308.75 million KRW · 499,200 KRW ▲59㎡: 359.49 million KRW · 580,800 KRW ▲84㎡: 491.38 million KRW · 825,600 KRW.

The special supply for Wirye A1-14 block (exclusive areas 50㎡ and 59㎡) consists of 264 households. The sale price for the 50㎡ unit in Wirye A1-14 is 589.75 million KRW, and for the 59㎡ unit, it is 694.95 million KRW.

The announcement of subscription winners will be on January 31. SH Corporation will subsequently conduct additional reviews to confirm eligibility based on residency qualifications, income, assets, and non-homeownership criteria before finalizing the results.

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