La Classe Jade Pine, First Offering in Noryangjin New Town, Records 26.9 to 1 First-Priority Subscription Rate

The first-priority subscription competition rate for La Classe Jade Pine, supplied by GS Engineering & Construction and SK Ecoplant, has reached double digits. This complex, created through the redevelopment of the Noryangjin District 6 in Dongjak-gu, Seoul, marks the first apartment offering in the Noryangjin New Town area.

According to Korea Real Estate Board's Cheongyak Home on April 14, a total of 4,843 applicants submitted first-priority subscription requests for 180 units available for general supply (for the designated area) on the same day, resulting in an average competition rate of 26.9 to 1 and closing all unit types.

By unit type, the 59㎡B type, for which 5 units were available, recorded the highest competition rate of 42.4 to 1, with 212 applicants. In the special supply subscription held the previous day, 4,997 people applied for 189 units, resulting in a competition rate of 26.4 to 1.

La Classe Jade Pine will consist of 1,499 units across 14 buildings, ranging from four basement levels to 28 stories above ground. Of these, 369 units sized between 59㎡ and 160㎡ will be sold to the general public. As the price ceiling system does not apply in this area, the supply prices range from a maximum of KRW 2,150,100,000 (for the 59㎡A type) to KRW 3,013,100,000 (for the 106㎡A type). The winners will be announced on April 22, and contracts will be signed from May 4 to 6.

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