Only 4 Out of 25 Cheonan Projects in the Past 5 Years Offered Interest-Free Bridge Loan Benefits at Initial Sale
Diverse Financial Incentives Including Interest-Free Bridge Loans and 5% Down Payment

Doosan Construction “Doosan We’ve the Zenith Central Cheonan” Offers a Variety of Benefits View original image

Amid ongoing high interest rates, interest-free bridge loan benefits are emerging as a key financial condition in the pre-sale market, significantly reducing the burden on homebuyers. In particular, in Cheonan, only four developments have offered interest-free bridge loans during the initial sales phase over the past five years, highlighting the rarity of this benefit.


According to data from the Korea Real Estate Board’s Cheongyak Home, there were a total of 25 developments pre-sold in Cheonan between December 2021 and December 2025. A comprehensive review of the recruitment announcements for these developments revealed that only four projects, including “Doosan We’ve the Zenith Central Cheonan,” which launched in December last year, specified the provision of interest-free bridge loans.


Interest-free bridge loans mean that homebuyers are not required to pay interest on the interim loan. The purchase price is typically divided into a 10% down payment, a 60% bridge loan, and a 30% balance payment. Of these, the bridge loan is usually financed through borrowing, with the resulting interest commonly borne by the buyer. However, when the interest-free benefit applies, the developer or builder pays the entire interest on the bridge loan instead.


“Doosan We’ve the Zenith Central Cheonan” stands out as the only apartment development in Cheonan this year to offer a full interest-free benefit on 60% of the bridge loan. In addition, buyers benefit from other financial incentives such as a 5% down payment and a fixed first contract payment of 5 million won.


“Doosan We’ve the Zenith Central Cheonan” is the first high-end “Doosan We’ve the Zenith” branded apartment introduced by Doosan Construction in Chungcheongnam-do. Located in Cheongdang-dong, Dongnam-gu, Cheonan, Chungcheongnam-do, the complex consists of 10 buildings ranging from two basement levels to 29 floors above ground, with a total of 1,202 units, all featuring a standard exclusive area of 84 square meters, which is highly preferred by buyers.


The development boasts a south-facing layout for optimal sunlight and daylight, with a 4-bay plate-type design (except for some units) to enhance ventilation. Some units feature a three-sided open layout, further maximizing the sense of space indoors. All unit types include a master bedroom walk-in closet, while storage-specialized spaces are provided according to floor plan: an additional room in 84㎡A and 84㎡C units, and a pantry in 84㎡B units.


The complex is within walking distance to Cheongdang Elementary School, and is conveniently located near schools such as Cheonan Gaon Middle School and Cheonan Cheongsu High School. Cheonan Station on Subway Line 1 and the Gyeongbu Line is about 10 minutes away by car, while Cheonan-Asan Station, serving KTX and SRT high-speed trains, can be reached in about 15 minutes.



The model house for “Doosan We’ve the Zenith Central Cheonan” is located in Seongjeong-dong, Seobuk-gu, Cheonan, Chungcheongnam-do.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing