Jeil Construction Co., Ltd. Supplies New Complex in Non-Regulated Gyeongsan Hayang District

Recently, every complex offering pre-sale in non-regulated areas has been attracting high competition rates and gaining popularity. Unlike regulated areas, pre-sale rights can be traded before move-in, and loans of up to 70% are possible, leading to an influx of investment demand aiming to secure pre-sale rights.

‘The Sharp Geochang Porciel,’ which received first-priority applications on the 12th in Geochang, Gyeongnam, a non-regulated area, recorded an average competition rate of 10.6 to 1 and a maximum of 19.12 to 1, selling out all types. Additionally, ‘Gimhae Yulha The Sky City Zenith & Frau,’ which was pre-sold last month in Gimhae, Gyeongnam, also recorded an average competition rate of 22.0 to 1 in the first-priority application, marking the highest competition rate in the region since 2016. Currently, this complex has sold out all housing types within 10 days of starting the official contracts, and a premium of several tens of millions of won has formed on the pre-sale rights.

According to the Ministry of Land, Infrastructure and Transport, the pre-sale right for a 102㎡ exclusive unit at Gimhae Yulha The Sky City Zenith & Frau was traded for 524.1 million won this month. The average pre-sale price for this size is about 478.5 million won, indicating an initial premium of approximately 45 million won. The 84㎡ exclusive unit was also traded at 425.5 million won, forming a premium of 46.5 million won compared to the pre-sale price of 379 million won.

Meanwhile, another non-regulated area in Gyeongsangbuk-do, Gyeongsan, is drawing attention from buyers as new apartment supply is announced. This is ‘Gyeongsan Hayang Jeil Punggyeongchae,’ developed by Jeil Construction Co., Ltd., which opened its on- and offline model house on the 7th (Friday) and has officially started the pre-sale schedule.

Gyeongsan Hayang Jeil Punggyeongchae began special supply applications on the 17th (Monday) and is currently proceeding with the subscription schedule, with the winners to be announced on the 26th (Wednesday). The official contract period will run for five days from the 8th (Tuesday) to the 12th (Saturday) of next month.

Located in Gyeongsan City, Gyeongsangbuk-do, Gyeongsan Hayang Jeil Punggyeongchae consists of 4 buildings ranging from 2 basement floors to a maximum of 35 floors above ground, totaling 614 households. By type, it includes 186 units of 74㎡A, 94 units of 74㎡B, and 334 units of 84㎡A.

As the complex is situated in the non-regulated area of Gyeongsan City, pre-sale rights can be traded before move-in. It is the first in the Gyeongsan Hayang district to offer free balcony expansion costs. The Gyeongsan Hayang district, where this complex is being developed, is a public housing site subject to the price ceiling system, making the pre-sale price reasonable compared to surrounding market prices, which is expected to attract strong interest from buyers.

A representative of the Gyeongsan Hayang Jeil Punggyeongchae sales team said, “In Gyeongsan, Gyeongnam, unsold units are being absorbed, and premiums are forming on pre-sale rights, indicating an improving real estate market atmosphere. Especially, Gyeongsan Hayang Jeil Punggyeongchae is expected to successfully complete upcoming subscriptions due to the balloon effect of the non-regulated area and the competitive pre-sale price, including the first-ever free balcony expansion in the Gyeongsan Hayang district.”

Additionally, ‘Gyeongsan Hayang Jeil Punggyeongchae’ stands out with excellent product quality based on Jeil Construction Co., Ltd.’s extensive construction experience and know-how. All units are primarily south-facing, with ample distance between buildings, providing privacy and sunlight rights for each household, and securing views (except for some lines). The first floor applies a pilotis design to enhance convenience for residents’ movement. Notably, 1.38 parking spaces per household are secured, including expanded parking spaces. The underground parking lot is equipped with parking guidance lights, an LED dimming system, and an emergency bell system to enhance safety.

Various facilities will be established within the complex. A daycare center will be provided for working couples to leave their children, along with a small library and exercise facilities for residents. Additionally, a walking trail and central plaza decorated with diverse plantings will serve as resting areas for residents, and a rock garden will be created to maximize the complex’s pleasant environment.

Specialized interior designs will also be applied. All units have a high ceiling height of 2.4 meters, with a tray ceiling extending to the kitchen to maximize openness. All types are designed with a popular 4Bay slab-type layout, and depending on the type, a spacious kitchen balcony, living room pantry, and dressing room are provided to offer convenience through ample storage space. Furthermore, a heat exchange ventilation diffuser is installed to reduce concerns about fine dust and humidity during the rainy season.

In particular, the 84㎡A exclusive type features a product characteristic allowing the wide dressing room to be converted into an alpha room through an optional choice. Moreover, it is expected that almost all locations within the home (except some lines) will offer views of the natural environment.

The location advantages are also noteworthy. Gyeongsan Hayang Jeil Punggyeongchae is a work-residence proximity apartment located near the Gyeongsan Knowledge Industry District and Gyeongsan 1, 2, 3, and 4 General Industrial Complexes, boasting a pleasant commuting environment. Adjacent to the Hayang district where the complex is located is the approximately 1.16 million pyeong Gyeongsan Knowledge Industry District, centered on knowledge-based industries such as parts and materials, showing an 86% pre-sale rate. The access road directly connecting the Knowledge Industry District and Hayang district is currently under construction, and the Nam-san to Hayang national highway alternative road connecting Gyeongsan 1, 2, 3, and 4 industrial complexes is also scheduled for construction. Additionally, the extension of Daegu Metro Line 1 to Hayang Station is planned for 2023, promising excellent metropolitan accessibility.

Nearby shopping facilities include Nonghyup Hanaro Mart, as well as Costco, E-Mart, and Lotte Outlet located in Daegu Innovation City, making shopping convenient. Residents can also enjoy various cultural facilities such as Gyeongsan City Library, Gyeongsan City Cultural Center, Megabox Hayang, and AZIT Maker Space. Furthermore, the complex is in a school district with Hayu Elementary School, Muhak Middle School, and Muhak High School nearby, and excellent educational environments with Daegu Catholic University, Kyungil University, and Hosan University located close by. The complex is also set to be a ‘park-front’ complex with a cultural park planned right in front, and it boasts outstanding green infrastructure including Muhaksan Mountain, Janggun Mountain, Josancheon Stream, and Geumho River.

Meanwhile, the model house for Gyeongsan Hayang Jeil Punggyeongchae is located in Dong-gu, Daegu Metropolitan City.

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