‘Gaebong Station Centreville Reus’ Newlywed Special Supply Closes All Types at First Priority with a Top Ratio of 20.67 to 1

The special supply for newlyweds at the public-supported private rental housing ‘Gaebong Station Centreville Reus,’ scheduled for occupancy this July, was as popular as expected. Constructed by Beomyang Geonyeong and Dongbu Construction, ‘Gaebong Station Centreville Reus,’ which offers the same quality as newly launched apartments, saw all types fully subscribed in the special supply application for newlyweds.

According to the Korea Real Estate Agency’s subscription homepage on the 3rd, a total of 749 applicants applied for 218 units during the three-day special supply for newlyweds at ‘Gaebong Station Centreville Reus’ held from the 31st of last month to the 2nd of this month, recording an average competition rate of 3.44 to 1.

The highest competition rate was for the 84㎡ exclusive area. Six units were offered, attracting 124 applicants, resulting in a competition rate of 20.67 to 1.

An official stated, “The demand surged due to its proximity to Gaebong Station on Subway Line 1, the unstable real estate market, and the rental housing shortage in Seoul, along with rental prices being set lower than the surrounding market prices, which seems to have led to this favorable outcome.”

‘Gaebong Station Centreville Reus’ will be developed with 8 buildings, ranging from 2 basement floors to a maximum of 35 floors above ground. Within a 1km radius of the complex, there are three middle schools and one high school, and nearby cultural and commercial facilities include a large supermarket and Gocheok Sky Dome.

Additionally, major roads in Gaebong-dong such as Gyeongin-ro and Nambu Sunhwan-ro are close to the complex, providing easy access to the metropolitan transportation network including Seohaean Expressway, Gyeongin Expressway, and Seoul Ring Expressway. The completion of the ‘Seobu Arterial Road Underground’ project is expected to further improve the transportation environment.

Moreover, the rent increase rate for Gaebong Station Centreville public-supported private rental housing is capped at 2.5% per year, allowing residents to live stably for eight years.

The announcement of successful applicants will be on the 8th, and contracts will be signed over three days from the 26th to the 28th. At the promotional center located at 323 Gyeongin-ro, Guro-gu, contracts specifying unit numbers are being conducted for general supply applicants who do not qualify for the special supply for newlyweds.

This content was produced with the assistance of AI translation services.