Songdo Apartment Leading the Sales Market, 'The Sharp Songdo Marina Bay' General Sale in February

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With Incheon's real estate market heating up from the beginning of the year, an apartment in Songdo, Incheon, ready for immediate move-in, is attracting attention from actual buyers ahead of its general sale scheduled for February. The protagonist is 'The Sharp Songdo Marina Bay,' which opened its cyber model house today (Tuesday, the 9th).

The Sharp Songdo Marina Bay, a mammoth city landmark apartment complex with 3,100 households, is located in Yeonsu-gu, Incheon Metropolitan City. It boasts excellent residential advantages such as unobstructed sea views, prestigious school districts within walking distance, and Songdo's future vision.

Constructed with the expertise of POSCO Engineering & Construction Co., Ltd., the general sale of 117 units, which are part of the loss of some union member qualifications in The Sharp Songdo Marina Bay, is scheduled to take place in February.

The general subscription for The Sharp Songdo Marina Bay will begin with special supply on February 19, followed by first and second priority subscriptions on February 22 and 23, respectively, with winners announced on March 2. The internet subscription process and eligibility requirements can be experienced through the 'Subscription Virtual Experience' operated on the Subscription Home website.

Developed by Asia Trust Co., Ltd. to enhance reliability, The Sharp Songdo Marina Bay is a large-scale apartment complex consisting of 25 buildings and 3,100 households. Completed and ready for move-in since July 2020, The Sharp Songdo Marina Bay is gaining interest from buyers dreaming of a reasonable and comfortable home.

The complex was completed with 2 basement floors and 38 above-ground floors and consists mainly of small to medium-sized units: 456 units of 74㎡ (21 units for general sale), 2,612 units of 84㎡ (96 units for general sale), and 32 units of 124㎡. The advantage is that immediate move-in is possible through contracts for some union member qualification loss units scheduled for sale this month.

Songdo, one of the international new towns within the Incheon Free Economic Zone (IFEZ), has most of its 11 development zones either completed or underway. With rapidly rising rental and housing prices and no unsold apartments as of November 2020, supply is expected to be insufficient this year and next, making new apartment sales scarce. Despite being designated as a speculative overheating district since mid-2020, Songdo enjoys high demand due to its excellent infrastructure and the influx of leading domestic and international companies, providing abundant underlying demand.

Moreover, the GTX-B metropolitan express line (Songdo-Maseok) is scheduled to begin construction at the end of 2022 and aims to open in 2027, which will significantly improve accessibility to Seoul. Once the GTX-B line opens, it is expected to take 26 minutes from Songdo to Seoul Station. Plans to establish the world's largest bio-cluster within Songdo will also increase housing demand due to new job creation.

The Sharp Songdo Marina Bay is expected to enjoy the advanced vision of Songdo International City, which is planned to offer everything from global business to cutting-edge industries, logistics, medical care, education, leisure, and shopping. It is located within development zones 6 and 8 of Songdo International City, promising high future value.

Therefore, the general sale of some union member qualification loss units in The Sharp Songdo Marina Bay, which embodies Songdo's global vision, is emerging as a hot topic in the region.

With the opening of Songdo Dalbit Festival Park Station (completed in December 2020), planned extensions of Incheon Subway Line 1, and planned Lines 2 and 3, along with proximity to Incheon Bridge, the 1st and 2nd Gyeongin Expressways, and the international passenger terminal, access to the city center via a wide transportation network is convenient.

The Sharp Songdo Marina Bay is expected to be highly preferred due to its location near schools such as Misong Elementary School, Songdam Elementary School, and Misong Middle School, as well as prestigious domestic and international universities like Yonsei University, Incheon National University, and SUNY Korea, providing excellent educational conditions.

Additionally, convenience facilities such as Lotte Mart, Homeplus, Costco, and NC Department Store are nearby. The surrounding area offers a pleasant residential environment where residents can enjoy waterfront tourism, marine leisure, and ecological environment experiences, adding to its rarity value.

The Sharp Songdo Marina Bay features eco-friendly landscaping design, including a sunken garden, central plaza water features, multipurpose lawn, central community plaza, and canal-type water features, providing residents with various leisure activities.

With wide spacing between buildings ensuring openness and privacy, and a south-facing layout that offers excellent lighting and ventilation, The Sharp Songdo Marina Bay allows residents to enjoy scenic views all year round. It also offers diverse community facilities such as a guest house with ocean views, fitness center, kids caf?, indoor golf practice range, and reading room, enhancing resident satisfaction.

Meanwhile, to prevent the spread of COVID-19, The Sharp Songdo Marina Bay has been operating a cyber model house since February 9. Information and inquiries regarding the general sale of some union member qualification loss units are available through the official website and the main phone line. Unit viewings and sales office visits will be conducted by prior reservation only for successful applicants in the future.

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