‘Wanggil Station Royal Park City Prugio’ Offers Sales Benefits

- 5% Deposit, Free Full Options Worth 1 Billion KRW, and Interest-Free Full Interim Payments
- Subway Line 9 and Airport Railroad Direct Connection Confirmed, 40-Minute Travel to Gangnam Without Transfers

Large developer DK Asia is attracting consumers' attention by offering unprecedented sales benefits for Wanggil Station Royal Park City Prugio, the first premium pilot complex of the resort special city being developed on a scale of 21,313 households. Moreover, with a reasonable sale price, it is possible to own a home with only 20 to 30 million KRW until move-in, increasing interest even further.

[Scheduled for occupancy in September 2024, Wanggil Station Royal Park City Prugio Sky Lounge]

DK Asia is providing unprecedented sales benefits to reduce the initial burden on consumers. The down payment has been eased from the original 10% of the sale price to 5%. At the same time, full interest-free benefits on intermediate payments are offered, and it is introduced as Incheon’s first ‘full-option’ apartment, allowing contract holders to save about 100 million KRW in costs. Additionally, a contract safety guarantee system is in place, which retroactively applies to contract holders in case of future contract condition changes.

In particular, the ‘full-option’ package, worth about 100 million KRW and consisting of 33 items, is considered a key factor attracting consumers to the housing exhibition center. In apartments under the price ceiling system, if options are not added, they are often compared to empty shells, but Wanggil Station Royal Park City provides 33 options worth about 100 million KRW free of charge, enabling residents to move into a new apartment without any additional work.

The options provided to consumers include the latest LG system air conditioners with air purification function in every room, LG Objet Column built-in refrigerators consisting of refrigerator, freezer, and kimchi refrigerator, and kitchen faucets installed with the German luxury brand Hansgrohe. Also, separate storage rooms for each household are provided free of charge, receiving favorable reviews from consumers.

Another reason why contracts for Wanggil Station Royal Park City are progressing smoothly is the recently increased sale prices. For example, in Gyeyang New Town, one of the 3rd phase new towns, prices have surged by about 30% compared to pre-sale prices despite being public housing, making the prices of apartments currently on sale appear relatively affordable.

However, the problem is that a decline in sale prices will not be easy in the future. Due to the government's zero-energy mandate next year, housing construction costs are expected to rise, which may lead to construction costs being passed on to sale prices.

A sales official said, “Because we have drastically lowered the down payment conditions, offer interest-free intermediate payments, and provide options worth about 100 million KRW free of charge, contracts are being signed not only on weekends but also on weekdays.” He added, “We are already looking forward to how many people will visit the housing exhibition center this weekend.”

Wanggil Station Royal Park City is located near the Ara Waterway and is surrounded on three sides by mountains, forming a baesanimsu (mountain at the back, water in front) terrain. Right in front of the complex is a 19,000-pyeong (approx. 62,800 m²) central park that can be used like a garden, boasting premium landscaping more beautiful than an arboretum.

Inside the complex, there is Incheon’s first indoor golf course equipped with GDR devices, a hotel-style swimming pool and sauna, a premium cinema where simultaneous screenings can be viewed, and private reading rooms. There is also a fitness center equipped with Italian luxury TechnoGym brand exercise equipment and a three-meal service. Additionally, a luxury yacht service is provided, enabling a high-quality lifestyle within the complex.

Wanggil Station Royal Park City offers excellent location advantages with convenient transportation and amenities. It is located in the station area of Wanggil Station on Incheon Subway Line 2, and through the Airport Expressway and Airport Railroad, it provides easy access not only throughout Incheon but also to neighboring areas such as Gangnam, Seoul Gangseo (Magok), and Gimpo. In particular, with the confirmed direct connection project between the Airport Railroad and Seoul Subway Line 9, it will be possible to reach Gangnam directly within 40 minutes (express train basis) without transfers.

Another positive factor is its role as a residential area supporting major conglomerates. As demand with purchasing power gathers, it is highly likely to invigorate regional development. A representative example is Hana Financial Group, which is settling in Cheongna. Known as the Cheongna Group Headquarters, six affiliates of Hana Financial Group will be located there, with completion scheduled for the end of 2025.

Robot-related companies incorporating the most spotlighted AI technology recently also attract attention. Yuil Robotics, a specialist automation company, is preparing to expand its headquarters and factory on an 8,000-pyeong (about 26,000 m²) site within the Cheongna IHP Advanced Industrial Complex, focusing on expanding production capacity.

Additionally, LG Magna e-Powertrain has established its headquarters in the Seo District Western Industrial Complex in Incheon, and BMW Group Korea has opened an R&D center in Cheongna International City. Furthermore, the Seoul Asan Medical Center consortium has been selected as the preferred negotiator for the Cheongna Medical Complex Town, which is under development aiming to open a general hospital, medical bio-industry-academic research facilities, etc., by 2029. Also, retail giants Costco Cheongna and Starfield Cheongna are scheduled to open in August 2024 and 2028, respectively. Notably, Starfield Cheongna will be Korea’s first stay-type shopping mall combined with a dome stadium.

Wanggil Station Royal Park City will be supplied as a large complex with 15 buildings ranging from 2 basement floors to 29 above-ground floors, with exclusive areas of 59, 74, 84, and 99 square meters, totaling 1,500 households. Construction is handled by the renowned housing company Daewoo E&C, landscaping by Samsung C&T Resort Division, Korea’s number one in landscaping, which upgraded the project further last year through increased construction costs. Move-in is scheduled for September this year, and the housing exhibition center is located in Wanggil-dong, Seo District, Incheon.

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