The Era of Large-Scale Rental Apartments... Spotlight on the 1,247-Unit 'Dongtan Paragon 3rd Phase'

Clear “Large-Scale Complex Premium” in the Rental Market:
Lower Maintenance Costs, Diverse Community Facilities

Line Industry to Supply 1,247-Unit “Dongtan Paragon 3rd Phase”
Outstanding Product Quality Draws Attention

The premium associated with large-scale apartment complexes is becoming prominent even in the private rental market. As more consumers prioritize abundant infrastructure and a pleasant residential environment, large-scale complexes with more than 1,000 units are increasingly being chosen as a top priority. These large complexes can efficiently share common maintenance fees among many households, thereby reducing the burden on individual units. In addition, according to legal standards, a wide range of community facilities such as fitness centers and golf practice ranges can be built, which is another advantage.

Recently, rental apartments are not only being offered with the same floor plans as general apartments, but also feature finishing materials identical to those used in apartments for sale, thus achieving a product quality nearly equivalent to that of for-sale apartments. This further highlights the premium of large-scale complexes.

Thanks to these advantages, private rental apartments with more than 1,000 units have recently enjoyed explosive popularity in the subscription market.

In this context, Line Industry will supply a large-scale public-supported private rental apartment complex, 'Dongtan Paragon 3rd Phase,' with a total of 1,247 units in Block A58 of the New Residential Culture Town in Dongtan 2 New Town, Hwaseong-si, Gyeonggi Province.

In this context, Line Industry will introduce 'Dongtan Paragon 3rd Phase' in Block A58 of the New Residential Culture Town in Dongtan 2 New Town, Hwaseong-si, Gyeonggi Province. The complex is being developed as a mammoth-sized large-scale project with 1,247 units across 18 buildings, ranging from two basement levels to 20 above-ground floors, and offering exclusive areas of 82 to 108 square meters. Notably, the project is designed as a 'park-style complex' with a low building coverage ratio in the 12% range, providing abundant landscaping and auxiliary facilities. The ample distance between buildings ensures privacy, while large-scale amenities such as themed gardens, walking trails, and a table tennis court are arranged within the complex.

The product quality is also robust. The interiors feature innovative designs such as 3.5 to 4-bay cross-ventilation layouts (except for some units) and extra-wide living room designs, maximizing natural light and ventilation.

Residential stability and financial benefits also stand out. Residents of 'Dongtan Paragon 3rd Phase' can live without worrying about moving for up to 10 years. In particular, there is no burden of holding taxes such as acquisition tax and property tax during the residency period, and the unit is excluded from housing count calculations.

At a time when residential stability has become more important due to high interest rates and concerns over jeonse fraud, large-scale rental apartments with economies of scale and tax benefits—especially those with a fixed sale conversion option—are expected to be a rational choice for real homebuyers hoping to own their own home.

Meanwhile, the model house for Dongtan Paragon 3rd Phase is located in Yeoul-dong, Hwaseong-si, Gyeonggi Province.

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