by Jung Jin
Published 02 Apr.2024 13:40(KST)
‘Yongin Namgok Dongwon Benest Hessen City,’ which opened its showroom on March 14, attracted a large crowd to the second phase complex following the first phase.
‘Yongin Namgok Dongwon Benest Hessen City 2’ is being developed in Namgok-ri, Yangji-myeon, Cheoin-gu, Yongin City, consisting of 8 buildings ranging from 2 basement floors to 20 above-ground floors, with a total of 641 households and exclusive areas of 59㎡ and 74㎡. This complex is a long-term private rental apartment allowing residence without restrictions for up to 10 years, and the construction company is Dongwon Construction Industry Co., Ltd. As the first phase already formed a premium after recruitment and attracted much attention, the second phase is also seeing many visitors and rapid recruitment closure.
The number of households by type is ▲59㎡A 274 units ▲59㎡B 184 units ▲74㎡A 112 units ▲74㎡B 71 units, mainly composed of medium and small-sized units suitable for 1-2 person households, which have been steadily increasing recently, as well as 3-person households. Featuring space designs reflecting the latest trends such as pantries and dressing rooms, it is expected to provide high residential satisfaction.
Yongin Namgok Dongwon Benest Hessen City 2 is a long-term general private rental apartment with a fixed sale price, highly valued as an optimal housing ladder means that allows stable residence by paying only interest on the rental deposit amid unstable market conditions and enables home ownership later through priority purchase rights. Since residents can live without mandatory residence for up to 10 years, capital gains upon moving are also expected.
Additionally, tenant status rights can be transferred at any desired time without restrictions on transfer or resale, and the deposit is safely preserved through mandatory subscriptions to the Housing and Urban Guarantee Corporation (HUG) or Seoul Guarantee Insurance.
Regardless of individual or corporate status, home ownership, or subscription to a housing subscription savings account, applications are possible. Also, there is no one-household-one-home restriction, allowing ownership of two or more homes (up to 10% of total households), and there are no burdens from various real estate taxes such as acquisition tax, holding tax, or comprehensive real estate tax.
In particular, the relatively low price compared to surrounding market prices supports rapid member recruitment. The rental deposit for Yongin Namgok Dongwon Benest Hessen City 2 starts from around 9 million KRW per 3.3㎡, which is very reasonable compared to deposits at other sites in Cheoin-gu, Yongin City (ranging from 12 million to 19 million KRW per 3.3㎡).
Moreover, with mandatory subscriptions to the Housing and Urban Guarantee Corporation (HUG) or Seoul Guarantee Insurance, the deposit is securely preserved, eliminating concerns about rental fraud, which has recently become a social issue.
Cheoin-gu, Yongin, where Yongin Namgok Dongwon Benest Hessen City 2 is located, is planned to host the world’s largest semiconductor cluster and various industrial complexes, and the nearby Giheung-gu area is also promoting the Platform City project, offering high future value.
First, a ‘semiconductor specialized city’ is planned to be developed in Idong-eup, Yongin City, adjacent to a large-scale national semiconductor industrial complex site, expected to serve as a residential city for workers once the national industrial complex is established.
Additionally, separate from the Idong and Namsa-eup national industrial complex where Samsung Electronics plans to invest 300 trillion KRW, many workers will be employed at the SK Hynix Yongin Semiconductor Cluster under development in Wonsam-myeon, Yongin. Therefore, the new city to be developed in Idong-eup is expected to see a sharp rise in residential value. With multiple developments planned, an influx of over 30,000 new residents is anticipated, leading to an absolute shortage of residential facilities and an expected waiting demand of at least 5,000 households.
Besides abundant development benefits, the location boasts excellent conditions. The complex includes an elementary school site and is within walking distance to Yongdong Middle School, alleviating concerns about children’s education. Additionally, numerous leisure facilities such as Yangji Sports Park, Yangji Equestrian Club, Jisan Resort, Yangji Resort, Everland, and Yongin Dae Jang Geum Park are located nearby. Notably, the area also features several golf courses known as the ‘Golf 8 School District,’ including Yangji CC, Jisan CC, and Asiana CC.
Transportation conditions are also excellent. Yangji IC on the Yeongdong Expressway is located within 2 km radius, facilitating convenient travel to Seoul and nearby areas. Accessibility to the entire metropolitan area is expected to improve through the Second Gyeongbu Expressway and the Second Ring Expressway. Furthermore, several railway projects such as the planned GTX Yongin Station, the new Dongtan-Bubal national railway, and the Gyeonggang Line between Samdong and Anseong are planned, promising high future value.
A sales official stated, “Yongin Namgok Dongwon Benest Hessen City 2 is attracting rapid contracts as it allows various government loans, enabling residents to live by paying only interest and later purchase their home at a fixed sale price, combining the advantages of both rental and sale.” He added, “Not only is the price reasonable, but the large-scale semiconductor developments in Cheoin-gu, Yongin, are also expected to bring capital gains, leading to steady inquiries.”
The housing showroom for Yongin Namgok Dongwon Benest Hessen City 2 is located in Dongcheon-dong, Suji-gu, Yongin City, Gyeonggi Province.
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