Mullae 'The Sharp Priella' First-Priority Subscription Closes with Average Competition Rate of 89.2 to 1

5,622 Applicants Compete for 63 Units
59㎡A Type Records 896 to 1 Competition Rate

The first-priority subscription for "The Sharp Priella," supplied by POSCO E&C in Mullae-dong, Yeongdeungpo-gu, Seoul, closed with an average competition rate of 89.2 to 1.

According to Korea Real Estate Board’s Cheongyak Home on March 26, the first-priority subscription for The Sharp Priella in the region, held on March 24, attracted 5,622 applicants for 63 units, resulting in an average competition rate of 89.2 to 1.

Rendering of "The Sharp Priella" in Mullae-dong, Yeongdeungpo-gu by POSCO E&C. Provided by POSCO E&C

Among the unit types, the exclusive 59㎡A drew 896 applicants, recording a competition rate of 896.0 to 1. By type, the exclusive 44㎡ recorded 145.8 to 1, the exclusive 59㎡C reached 142.4 to 1, and the exclusive 59㎡B saw 130.4 to 1.

The special supply, held the previous day, attracted 5,859 applicants for 75 units (including local and other regions combined), resulting in an average competition rate of 78.1 to 1.

The complex will be built at 22, Mullae-dong 5-ga, Yeongdeungpo-gu, comprising six buildings with three basement levels and up to 21 stories above ground, totaling 324 units. Of these, 138 units will be offered for general sale. Move-in is scheduled for March 2029.

The maximum general sale prices by unit type are as follows: 885 million won for the exclusive 44㎡, 1,303.9 million won for the exclusive 59㎡, 1,507.6 million won for the exclusive 74㎡, and 1,798.88 million won for the exclusive 84㎡.

Nearby, green spaces such as Anyangcheon Stream, Dorimcheon Stream, Anyangcheon Sports Park, and Mullae Neighborhood Park have been established. Dorimcheon Station on Subway Line 2 is within walking distance, and access to key business districts such as Yeouido, Gwanghwamun, and Gangnam is available via Mullae Station (Line 2) and Yangpyeong Station (Line 5).

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