‘The Sharp Tangjeong Infinity City 2nd Phase’ Long-term General Private Rental, Expectation for 3rd Phase Sale

POSCO E&C recorded a triple-digit competition rate in the subscription for the long-term general private rental of ‘The Sharp Tangjeong Infinity City Phase 2,’ being built in Block 3 of the Asan Tangjeong District urban development zone in Asan-si, Chungnam. With excellent results not only in the general sales of Phases 1 and 2 but also in the long-term general private rental, demanders’ expectations for the upcoming Phase 3 complex are also rising.

According to POSCO E&C, a total of 35,270 subscription applications were received for 164 units in the long-term general private rental subscription through the official website of ‘The Sharp Tangjeong Infinity City Phase 2,’ recording an average competition rate of 215.1 to 1.

The highest competition rate was 555 to 1 for the exclusive 84㎡ A type, which attracted 13,319 applications for 24 units. The 84㎡ B type recorded 207.2 to 1, and the 70㎡ A type recorded 171.7 to 1, with all types achieving triple-digit competition rates, demonstrating excellent performance.

A Mr. A, who applied for the 84㎡ A type, said, “It was attractive because I can receive priority rights for future sale conversion and enjoy the same location and product at a reasonable price.” He added, “Although I was worried because of the high competition rate, as seen in the successful cases of Phases 1 and 2, winning will not be easy.” He also mentioned, “Even if I am not selected this time, I plan to try again as there is news of a Phase 3 sale.”

The subscription results for this long-term general private rental follow the success of ‘The Sharp Tangjeong Infinity City’ (Phase 1) with a first-priority average competition rate of 52.5 to 1 and ‘The Sharp Tangjeong Infinity City Phase 2’ with 30.4 to 1, marking a three-time consecutive hit. A total of about 88,000 subscription applications were received across the three supplies. As POSCO E&C has achieved three successes in the Asan Tangjeong District urban development zone, the industry expects that the upcoming Phase 3 complex (Block 2) will continue this successful trend.

A sales official stated, “Since Block 2 Phase 3 can enjoy the same location value, brand, and product quality of the Asan Tangjeong District urban development zone, which has already been verified by three successes, interest is high even before the sale.” He added, “We will do our best to present apartments that satisfy demanders.”

Meanwhile, the Asan Tangjeong District urban development zone, where the long-term general private rental of ‘The Sharp Tangjeong Infinity City Phase 2’ is located, covers about 536,900㎡ in the Galsan-ri and Maegok-ri areas. It will develop a residential area of approximately 4,300 households, including three The Sharp brand complexes in Blocks 2, 3, and 4, along with urban infrastructure such as schools, green spaces, and public offices for residents.

In particular, all sites of ‘The Sharp Tangjeong Infinity City’ Phases 1 and 2, the long-term general private rental, and the upcoming Phase 3 will benefit from excellent educational environments. These complexes are adjacent to Tangjeong 8 Elementary School (scheduled to open in March 2027, tentative name) and the recently conditionally approved Tangjeong 4 Middle School (tentative name), both located within the Asan Tangjeong District urban development zone. The nearby academy district around Tangjeong Station is also conveniently accessible.

Additionally, it is convenient to use various amenities located around Tangjeong Station and Cheonan Asan Station, such as Moda Outlet, CGV, Galleria Department Store, and E-Mart Traders. The apartment is located in a park area with the nearby Gokgyocheon stream flowing close by and a planned neighborhood park within the urban development zone. Nearby Yonggok Park and Jisan Park also provide a pleasant residential environment.

The supply schedule for the long-term general private rental of ‘The Sharp Tangjeong Infinity City Phase 2’ includes the announcement of winners on the 17th and official contracts from 10 a.m. to 4 p.m. on the 19th.

The model house is located in Jangjae-ri, Baebang-eup, Asan-si.

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