Sold’Lotto’ to Wirye New Town after Seongnam High School District
Wirye A2-6 block’Wirye Xi the City’ subscription from tomorrow
Out of a total of 800 households, 360 households for public sales and 293 households for Honeymoon Hope Town were supplied.
A bird’s-eye view of’Wirye Xi the City’ scheduled to receive subscriptions from tomorrow (11th). It comes out at a price that is more than 500 million won in the market generation cost. / Source = GS Construction
With soaring house prices, it is becoming a’lottery subscription’ with a market price difference of hundreds of millions of dollars for each apartment sold. Apartments supplied from public housing sites subject to the pre-sale price cap are gaining more profits. Last week,’Seongnam Pangyo Valley Xi’ was released in Seongnam High School District, Gyeonggi-do, and this week’Wiryezai The City’ apartment is scheduled to be released in Wirye New Town. It is worth aiming for a special supply as it includes public sales and the quantity of honeymoon towns.
According to related industries on the 10th, the’Wirye Xi the City’, which GS E&C builds in Block A2-6, Wirye New Town, Sujeong-gu, Seongnam, Gyeonggi-do, will start the subscription schedule from the 11th. The complex is in the size of 800 households in 11 buildings with 23 stories above ground and 2 basement levels. △Public pre-sale consists of 360 households with exclusive area of 74~84㎡ △Newlywed Hope Town (pre-sale) with 293 units of sale with exclusive area of 46~59㎡ △It consists of 147 units for rent.
Most of the public pre-sale items are special supplies, and for general pre-sale items, the winners are covered by the number of times and amount paid in the subscription account. It is different from the private apartment subscription that is applied for with a subscription passbook deposit, so be careful. For public pre-sale, subscriptions are received in the order of special supply on the 11th, general supply on the 12th, 1st, and the 2nd on the 13th. Honeymoon Hope Town receives subscriptions over two days from 18th to 19th. Since the announcement date of the winners is January 19th for public sales and February 4th, Honeymoon Hope Town, multiple subscriptions are possible.
Public sale and honeymoon hope town’duplicate subscription’ possible
An official from GS E&C said, “Since it is not easy to win a private house subscription due to the lack of additional points for young consumers, it is worth looking at this special supply or honeymoon town. “There are many types of recruitment that are advantageous to the teens.”
The reason Wiryezai The City is attracting attention is the high market margin. The sales price of 74m2 for exclusive use is 667 million to 790 million won, and 84m2 for exclusive use is supplied for 746 million to 798 million won. Considering that 84㎡ for exclusive use of the adjacent’Wirye Lotte Castle’ was signed for 1.34 billion won on the 16th of last month, it is almost half the price. As apartment prices in Wirye New Town are on the rise, the margin is expected to increase.
Although the apartments in the new city are largely profitable, it is unlikely that the general public will be able to win by subscription, as most of the special supplies are large. There are restrictions on income and assets for newlyweds, first in life, and multi-child households. 286 households, which account for 85% of the total pre-sale, were allocated as special supplies. These include newlyweds (104 households) or the first in their lives (86 households). For the first time in life or newlyweds (120% for double-income), only 100% or less of the average monthly income per urban worker household (about 5.55 million won per month for a three-person household) can be subscribed.
Among public sales, 74 households are general sales. Winners are covered by the total savings in subscription bankbooks, which only accepts payment of up to 100,000 won per month. The lower limit of winning 84㎡ for exclusive use of Wirye A1-5 block (Geoyeo-dong, Songpa-gu, Seoul) sold in December last year amounted to 31.3 million won. This is the amount that can be won only if you pay at least 26 years. Therefore, inside and outside the pre-sale industry, it is believed that 30 years must be put in to enter the stability zone.
About 23,000 subscribers flocked to’Pangyo Valley Xi’, which is expected to have a market margin of around 300 million won. / Source = GS Construction
The Honeymoon Hope Town is a public housing specialized for newlyweds, and the younger generation has a high chance of winning. 30% of the total volume will be given priority to newlyweds, newlyweds within two years of marriage, and single-parent families with children under the age of two. The remaining 70% of the remaining amount is selected in the order of additional points by adding the number of minors (3 points), the period of no home (3 points), the period of continuous residence in the city (3 points), and the number of subscription savings payments (3 points). If you win, a dedicated mortgage (housing mortgage loan) is also applied, so if you initially pay about 30% of the housing price, you can receive a loan at an ultra-low interest rate (1% per year) when you move in. Wiryezai The City is the first honeymoon town supplier to use the apartment brand of a private construction company.
‘300 million lotto’ Pangyo Valley Xi, 23,000 subscribers flock
Wirye Jai The City will enter the central location of Wirye New City. There are kindergartens, elementary, middle and high schools all within a 500m radius of the complex. To the south are Changgokcheon, a waterfront park and Wirye Neighborhood Park. The Wirye Human Ring, which is a special walkway unique to Wirye New Town, is also conveniently accessible. Convenient amenities such as Starfield City Wirye and Wirye Transit Mall are also nearby. It is also close to the Metropolitan Area First Beltway Expressway and the Bundang-Suseo City Expressway, and adjacent to Wirye Jungang Station (planned). There are also good public transportation benefits such as Wirye Shrine Line (planned) and Wirye Tram (planned). The move-in is scheduled for March 2023.
Earlier, in Seongnam, about 23,000 subscribers gathered at the’Pangyo Valley Xi’ built by GS E&C, the last private sale complex in the high school district. In the No. 1 subscription provided to two-year director residents in Seongnam City, 9754 people applied for recruitment of 151 households, showing an average competition rate of 64.6:1. For the special supply to recruit 199 households, 12,880 people from the region, other games, and other regions have subscribed.
The sale price of this apartment was more than 300 million won lower than the surrounding market price. The sale price is set at 575 million to 660 million won for exclusive use of 60 square meters, and 770 million to 855 million won for exclusive use of 84 square meters. The current market price of 84 square meters dedicated to the nearby complex’Hoban Summit Pangyo Valley’, which moved in in August 2019, has been formed at 1.1 billion to 1.35 billion won.
Hankyung.com reporter Kim Hana [email protected]