Penthouses appearing one after another with the highest competition rate… “You’re good at reality outside of the drama”

Input 2021.03.26 11:00

While the drama’Penthouse’ is gaining sensational popularity in season 2 following season 1, it was found that the popularity of penthouses was also high in the real estate trading/subscription market.



Graphic=Jeong-Down, Photo=DL provided

According to the Korea Real Estate Agency’s subscription home on the 26th, the highest competition rate of the CityOCL 3 complex in Michuhol-gu, Incheon, which received the first-order subscription on the 23rd, was occupied by a dedicated 136㎡ penthouse. Located on the top floor, this penthouse has a total of 5 terraces that can be accessed through the bedroom and living room. Only 122 people flocked to the recruitment of two households, and the competition rate was 61.0 to 1. Compared to the average competition rate of 12.6 to 1, the competition rate for penthouses is about 5 times that of the total competition rate.

The highest competition rate for Gyeryongzai, which was the first-order subscription on the 16th, was that of the penthouse. The average competition rate was 27.7 to 1, while the 84 square meter E penthouse with three households was 242.0 to 1. The 84㎡F penthouse supplied by one household also reached a competition rate of 202.0:1. The pre-sale price of the penthouse was 430 million to 440 million won, which was about 100 million won more expensive than the top floor pre-sale price of 84 square meters (320 million to 330 million won). In other words, the result of Gyeryongzai’s subscription means that there were many consumers who said,’If the area is the same, they will be willing to pay 100 million more and live in a penthouse.

This is not the only case of the penthouse subscription success. Wirye Jai The City, who received the first priority subscription in January, also had the highest competition rate for Penthouse subscriptions. The average competition rate was 617.6 to 1, and the penthouse competition rate was 1168.0 to 1. Last year, Sejong Hallym Full Ever, Daegu Technopolis Yemiji The Central, and Gunsan Naun Kumho Eullim Central successfully created a penthouse and succeeded in subscription success. The popularity of penthouses was outstanding across the country, regardless of region.

In particular, Naun Kumho Eullim Central attracted attention as the penthouse competition rate reached 43.2 to 1, with a total of 106 households, 59㎡A and 59㎡B in the first ranking.



Gyeryongzai Penthouse image. / Provided by GS Construction

Penthouse refers to a high-end residential space or guest room built on the top floor of a building, such as an apartment or hotel. The advantage is that it is located on the top floor, so it has excellent views and there is little concern about privacy invasion. It can occupy an outside terrace, and there are only a few furniture in one complex, so its scarce value is high.

In Korea, the tower palace’s penthouse, built in 2002 in Gangnam-gu, Seoul, is evaluated as a landmark in history. The exclusive area is over 300㎡. In 2004, 10 private penthouses of 203-269㎡ were built in Samsung-dong I-Park, Gangnam-gu, and 15 units of 244㎡ were also built in Jeongja-dong Parkview Penthouse, Bundang-gu, Seongnam-si. Acro River Park in Banpo-dong, Seocho-gu, and Galleria Foret in Seongsu-dong, Seongdong-gu, were also built one after another and became a symbol of wealth. This is the reason why the drama based on the war on real estate and education made the penthouse the background of the play.

Penthouses have become quite popular recently. In the early 2000s, the penthouse was a super-large flat with a dedicated area of ​​200-300m2 and was the exclusive property of an expensive complex, whereas recent penthouses have a large number of medium and large sized 120-150m2. In particular, the area of ​​the penthouse in Gyeryongzai has been reduced to 84㎡, which is small and medium-sized, and the pre-sale price has dropped to 400 million won. According to the demand for medium and large-sized units and specialized design, the penthouse was quite low in size and became popular in the subscription market.

The rise in real estate prices is also interpreted as having an effect on the popularity of penthouses. In the past, Penthouses have had quite good subscription results based on the scarcity of’top 1%’. However, after the global financial crisis, the real estate market slumped, and construction companies did not try to buy expensive penthouses compared to their location.

Park Won-gap, chief real estate expert at KB Kookmin Bank, said, “Penthouses seem to be popular in the subscription market because they have the best view from the apartment and because they are scarce, they can expect to have a high premium when sold.” It was an exclusive property, but it seems to be gradually popularized through pre-sale marketing by construction companies.”

.Source