There is high interest from buyers in ‘Hoban Summit Forecent,’ which was offered for sale in Dongnam-gu, Cheonan-si, Chungcheongnam-do. This is because it recorded a competition rate of up to 60.5 to 1 in the subscription due to its excellent location and product quality.

[’Hoban Summit Forecent’ bird's-eye view]

[’Hoban Summit Forecent’ bird's-eye view]

View original image

According to the Korea Real Estate Agency’s Subscription Home, the subscription results for ‘Hoban Summit Forecent’ conducted from January 25 to 27 showed that out of 386 general supply units excluding special supply, a total of 1,952 people applied, recording an average competition rate of 5.06 to 1. The most popular housing type was the exclusive area 129 type, with 121 applicants for 2 units, closing at 60.5 to 1 in the first priority local area.


A sales official stated, “The location close to the park and the excellent product quality of Hoban Summit attracted buyers to subscribe,” adding, “With reasonable prices and growing expectations for the brand town, we expect the contracts to proceed smoothly.”


‘Hoban Summit Forecent’ is being developed in the Samryong 1 District unit plan area in Samryong-dong, Dongnam-gu, Cheonan-si, Chungcheongnam-do. The complex consists of 8 buildings ranging from 2 basement floors to a maximum of 20 floors above ground, with a total of 594 units sized between 76 and 144㎡. In particular, a second phase (approximately 700 units) is planned right next to the site, which is expected to form a large-scale brand town of about 1,300 units, becoming a landmark apartment complex.


The prices are also reasonable. The average sale price per 3.3㎡ of the complex is 10.94 million KRW, with the sale price for the 84㎡ exclusive area type set between 335.2 million KRW and 384.7 million KRW. Compared to the 84㎡A type of Complex A in Cheongdang-dong, which moved in 2018 and was traded for 470 million KRW (23rd floor) in December last year, this is at least 80 million KRW lower.


Located near a park, the residential environment is pleasant. Cheonan Samgeori Park is located right in front of the complex, allowing residents to enjoy leisure activities, and some units offer park views. Cheonan Samgeori Park is also undergoing a luxury redevelopment project to transform it into a themed urban park. Cheonan City held a groundbreaking ceremony for the Cheonan Samgeori Park redevelopment project in December last year and has begun full-scale development.


Cheonan Samgeori Elementary School and Cheonan Dong Middle School are nearby, along with various educational facilities such as Cheongsu High School and Sunmoon University. Shopping and cultural facilities like Homeplus, Cheonan Museum, Heungtaryeong Hall, and Cheonan Sports Baseball Stadium are conveniently accessible, and residents can also share the Cheongsu District living area.


The complex is mainly oriented southward, providing excellent lighting and ventilation. It features a mixed design of slab-type and tower-type buildings to satisfy diverse consumer preferences. Kitchen furniture is arranged considering household workflow, and various storage spaces such as dressing rooms and multipurpose rooms are provided to maximize space utilization.


Community facilities will include a golf practice range, fitness center, GX room, and a small library, along with walking trails and various gardens within the complex. Additionally, through a home network system, heating and lighting control, elevator calls, vehicle arrival notifications, and remote meter reading linkage are possible. Unmanned parcel systems, emergency bells in the underground parking lot, and parking control systems are also provided.



The official contract signing for ‘Hoban Summit Forecent’ will take place over five days from Thursday, February 24 to Monday, February 28. A deferred payment system for interim payments with interest will be implemented for contract holders.


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

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing