Highest Competition Rate of 164.2 to 1 for Exclusive 59㎡
Competition Rate of 148.7 to 1 Recorded for 84㎡A
Special Supply Average Competition Rate is 46.2 to 1

Bando Construction recorded an average competition rate of 124.4 to 1 in the first-priority subscription for 'Gyeonghuigung Ubora' supplied in Yeongcheon-dong, Seodaemun-gu, Seoul.


Kyungheegung Yubora First Priority Subscription Closed... Average Competition Rate 124.4 to 1 View original image

According to the Korea Real Estate Agency's subscription homepage on the 6th, a total of 7,089 subscription applications were received for 57 households (excluding special supply) in the first-priority subscription for Gyeonghuigung Ubora held the previous day. All households were fully subscribed in the first priority.


The highest competition rate was recorded for the exclusive 59㎡ units. With 22 households available, 3,612 applicants applied, resulting in a competition rate of 164.2 to 1.


The exclusive 84㎡A type had 446 applicants for 3 households, recording a competition rate of 148.7 to 1, and the 84㎡B type had 2,445 applicants for 25 households, averaging 97.8 to 1. For the 84㎡C type, 586 applicants applied for 7 households, resulting in a competition rate of 83.7 to 1.


In the special supply for apartments held the previous day, 2,355 applications were received for 51 households, recording an average competition rate of 46.2 to 1. On the same day, 999 applicants applied for officetel subscriptions, closing with an average competition rate of 90.8 to 1.


The announcement of winners for Gyeonghuigung Ubora will be on the 12th, and the official contract period will be held over three days from the 25th to the 27th. Move-in is scheduled for July 2026.


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Gyeonghuigung Ubora is being constructed as part of the Yeongcheon District housing redevelopment project in Yeongcheon-dong, Seodaemun-gu, Seoul, at 69-20 Yeongcheon-dong. It consists of two buildings with 5 basement floors and 23 above-ground floors, comprising 199 apartment units ranging from 59 to 143㎡ and 116 officetel units ranging from 21 to 55㎡.


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

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