"Deoshap Dearllo Avenue" Remaining Units Sold on a First-Come, First-Served Basis

- Over 200 Attendees on Public Lottery Day 'Hot Demand for Sale'
- Financial Institutions Confirmed, Remaining Units Selling Out Quickly

At the site of ‘The Sharp Dearlo Avenue,’ where a business briefing and public lottery were held on the 13th, over 200 applicants and real estate officials gathered, vividly demonstrating the rare intense enthusiasm recently seen in commercial property sales.

‘The Sharp Dearlo Avenue,’ a large complex with 1,190 households and a strong advantage as a commercial area, boasts a rich hinterland demand of over 10,000 households. Designed as a 207-meter-long street-type layout, it attracted significant investor interest even before the sale began. In particular, right after the sale prices were announced, many inquiries followed due to rumors of a ‘reasonable price range’ compared to the location, and this enthusiasm continued until the public lottery day, according to officials on site.

Especially, the commercial area in Building 301, which formed a commercial district alongside Dongdaegu Vista Dongwon and already had stores such as marts, academies, and franchise cafes operating successfully, was fully sold out through this lottery. Additionally, Building 103, where a financial institution is scheduled to move in by the end of August, offers excellent accessibility as it is directly connected to the commercial parking lot. Building 101 attracted applicants’ attention due to the influx of foot traffic from the nearby bus stop.

The basement floors excluded from the lottery on this day and some remaining units after the contract date on the 15th will be sold on a first-come, first-served basis.

‘The Sharp Dearlo Avenue’ offers reasonable prices starting from as low as 70 million KRW, enabling small-scale investments with capital under 100 million KRW. For units priced lower, in addition to general recommended business types, there have been inquiries about using them as startup offices for young entrepreneurs or connecting 3 to 5 units to create study cafes and similar uses.

The commercial area within this complex has a geographical advantage, absorbing hinterland demand from over 10,000 households across Dong-gu and Suseong-gu, including Dongdaegu Vista Dongwon (524 households) and Metro Palace (3,240 households). Moreover, major commercial facilities such as Shinsegae Department Store, Hyundai Outlet, and E-Mart are located within walking distance, continuously generating foot traffic. The Venture Valley Intersection (formerly MBC Intersection) and the planned Line 4 Venture Valley Intersection Station are also nearby, raising expectations for future commercial district expansion and value appreciation.

A sales official stated, “The reason so many people gathered for the public lottery of commercial units during these tough economic times seems to be the excellent location combined with reasonable prices. Inquiries about remaining units have been steadily coming in after the lottery.” The ‘The Sharp Dearlo Avenue’ promotional center is located on site.

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