In the First Week of March, 2,334 Households Nationwide Apply for Subscription... Concentration of Supply in Provincial Areas
by Lee Jieun
Published 01 Mar.2025 16:27(KST)
Subscription Applications Open at Six Locations Nationwide
Two Sites in Seoul and Incheon Metropolitan Area
A total of 2,334 households will begin subscription applications at six locations nationwide in the first week of March. With the Bank of Korea lowering the base interest rate to the 2% range for the first time in over two years, it is expected to impact real estate demand, drawing attention to the subscription results.
According to Real Today, a real estate research firm, a total of 2,334 households (including urban lifestyle housing) will accept subscription applications at six locations nationwide in the first week of this month.
In the metropolitan area, subscription applications are upcoming for 'Sangwolgok Station Jangwi Art Foret' (6 households) in Seongbuk-gu, Seoul, and 'e-Pyeonhansesang Jemulpo Station Park Maison' in Michuhol-gu, Incheon. For 'e-Pyeonhansesang Jemulpo Station Park Maison,' 29 units canceled by union members out of a total of 736 households will be offered for general sale.
In the provinces, 'Munsuro Centreville Eduriche' (368 households) in Nam-gu, Ulsan will accept first-priority subscription applications. It consists of 4 buildings from basement level 3 to ground level 35, with a total of 368 households of 84㎡ exclusive area.
Additionally, 'e-Pyeonhansesang Dongdaegu Station Centum Square' (322 households) in Dong-gu, Daegu, and 'e-Pyeonhansesang Seongseong Lake Park' in Cheonan-si, Chungnam, will open subscriptions. 'e-Pyeonhansesang Seongseong Lake Park' will offer 1,498 units for general sale out of a total of 1,763 households.
No places are scheduled for official contracts, and winners will be announced at seven locations. One model house is scheduled to open.
Attention is focused on whether the Bank of Korea's decision on the 25th of last month to lower the base interest rate by 0.25 percentage points will affect subscription demand. It is the first time in 2 years and 4 months since October 2022 that the base interest rate has fallen to the 2% range.
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