Ultra-Prime Dongtan Station 'The Atr Prestige' Offers Competitive Pricing Compared to Apartments

As Dongtan Station, where the GTX-A and SRT lines stop, has established itself as a major transportation hub in the Seoul metropolitan area, interest in nearby residential products continues to grow. In particular, residential officetels located in the prime area immediately adjacent to Dongtan Station are attracting attention from genuine home seekers, as they offer lower price burdens compared to apartments.

The Dongtan Station area is evaluated as a region where steady residential demand has been established, thanks to its excellent transportation access and living infrastructure. Recently, as actual apartment transaction prices near Dongtan Station have remained high, interest has also shifted to residential officetels within the same living zone, which have relatively lower price burdens.

According to the Ministry of Land, Infrastructure and Transport's real transaction price disclosure system, a 24-pyeong unit at 'Dongtan Station Bando Yubora Ivy Park 5.0' was traded for 950 million won on February 7 of this year, while a 24-pyeong unit at 'Dongtan Station Bando Yubora Ivy Park 6.0' was traded for 1.05 billion won on January 24. In addition, a 34-pyeong unit at 'Lotte Castle' near Dongtan Station was verified to have a transaction price of 1.795 billion won on December 20 last year.

When converted to supply area price per pyeong (3.3㎡), Bando Yubora 5th phase records approximately 39.58 million won, Bando Yubora 6th phase about 43.75 million won, and Lotte Castle about 52.79 million won per pyeong.

In contrast, the discounted sale price for an 84㎡ residential officetel at 'Dongtan Station The Atr Prestige', located in the prime area near Dongtan Station, is set at around 800 million won. This is a similar size to the 24-pyeong apartment supply, and when converted to price per pyeong, it is supplied at about 32 million won, making it competitive in terms of price.

'Dongtan Station The Atr Prestige' has been developed as a mixed-use complex integrating residential, work, and commercial functions. The complex consists of 531 apartment units and 323 residential officetel units. Within the complex, facilities such as the Samsung SDI office, commercial spaces, and a Megabox cinema (with seven theaters) are provided, offering both living convenience and features that attract visitors.

When the apartments were offered for sale in May 2021, more than 240,000 subscription applicants flocked to the first-priority subscription, resulting in an average competition rate of 809 to 1. Including both special and general allocations, about 280,000 people participated in the subscription, reflecting exceptionally high interest. Industry representatives point to the ultra-prime location with direct access to both GTX-A and SRT, as well as the living infrastructure in the Dongtan Station area, as the main reasons.

This supply is a limited offering targeting some units of residential officetels within the same complex that became available due to contract cancellations. Recently, residential officetels are emerging as an option for genuine home seekers, as they are subject to relatively fewer regulations and are easier to trade compared to apartments.

Local real estate agencies explain that residential officetels near Dongtan Station continue to see steady inquiries for actual residency, fueled by expectations for the GTX-A transportation network. Main demand is coming from those seeking proximity to their workplace, newlyweds, and young dual-income households.

An industry insider stated, "Since Dongtan Station is evaluated as a wide-area transportation hub with both GTX-A and SRT, residential demand continues to be strong," adding, "Residential officetels in ultra-prime locations are being recognized as alternatives to small apartments, and genuine inquiries are ongoing."

Meanwhile, 'Dongtan Station The Atr Prestige' residential officetels will conduct a no-priority subscription for some units made available due to contract cancellations. The sales announcement was released on March 6, and subscription applications will be accepted for two days from March 11 to 12, between 9:00 a.m. and 5:30 p.m. daily. Successful applicants will be announced after 4:00 p.m. on March 17, and contract signing will take place on March 18. Applications can be submitted through the Cheongyak Home platform.

The model house for 'Dongtan Station The Atr Prestige' residential officetels is currently open in Osan-dong, Hwaseong-si, Gyeonggi-do.

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