Public Auction in March for Commercial and Apartment Reserved Sites within 'Uijeongbu Station Central Xi and Weave Castle' Complex

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There is high investor interest as 22 commercial units within the 2,473-household large-scale complex ‘Uijeongbu Station Central Xi & Weave Castle’ and 10 reserved apartment units are scheduled for bidding in March.

By paying a 10% deposit (10% of the winning bid price) and settling the balance within three months, immediate move-in (or store opening) is possible, making the bidding competition expected to be intense.

The commercial units within ‘Uijeongbu Station Central Xi & Weave Castle’ consist of approximately 8 to 9 pyeong (about 26.4 to 29.7 square meters) of exclusive area, featuring a ceiling height of about 4.5 meters, which provides a sense of openness and excellent space utilization.

Additionally, all units are designed as first-floor street-type shops facing the main road, offering convenient accessibility for users and the ability to attract diverse demand, making these commercial units highly advantageous within the complex.

A sales representative stated, “These commercial units within the complex are highly rare, not only due to the fixed demand from the large-scale complex but also because they can serve over 39,000 residents within a 700-meter radius. With reasonable starting prices (from the 200 million KRW range) and immediate occupancy without key money, they are very attractive products,” raising expectations for competitive bidding.

Moreover, apartment reserved units are also being prepared for bidding on the same day.

They consist of popular small to medium-sized units with exclusive areas of 49㎡, 59㎡, 72㎡, and 84㎡, all located in royal buildings and royal floors, with starting bid prices set lower than recent actual transaction prices.

The complex is equipped with various community and landscaping facilities befitting a large-scale complex and is located opposite an elementary school, making it a newly built apartment with high resident satisfaction, which has increased interest in the reserved units.

This bidding does not require a subscription savings account, and even homeowners aged 19 or older are eligible. Move-in is possible within three months after winning the bid, and there are no resale restrictions, which is expected to intensify competition among investors.

The bidding will be conducted through a competitive auction with the highest bid above the starting price, and detailed information can be found on the official blog or the sales promotion center.

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