Green Spaces Determine Apartment Success... Interest in 'Jeil Punggyeongchae Geomdan 2nd Phase'

by Choi Bongseok

Published 16 Mar.2022 13:12(KST)

- All Top 5 Apartment Complexes with Highest Subscription Rates in the Capital Area Last Year Have Mountains and Parks Within 1km Radius
- Prolonged COVID-19 Pandemic Expands Preference for Residential Comfort... Clear Popularity Surge of Apartments Near Forests and Parks

As the COVID-19 pandemic continues to prolong, residential facilities abundant in green spaces such as ‘Sopse-gwon’ (forest proximity) and ‘Gongse-gwon’ (park proximity) are gaining popularity. With increasing preference for residential comfort, the presence or absence of nearby parks or forests has significantly boosted the appeal of these properties.

In particular, in the housing sales market, complexes located near forests and parks have been continuously soaring in popularity. In fact, last year, the top five complexes nationwide in terms of subscription competition rates in the metropolitan area (excluding public sales) all featured nearby green spaces such as mountains, rivers, or parks.

For example, ‘Dongtan 2 New Town Dongtan Station Dietre,’ which recorded the most intense subscription competition last year with an average competition rate of 809.08 to 1, attracted high interest due to large-scale parks nearby, including Dongtan Yeoul Park and Dongtan TRIM Park. Similarly, ‘Jayang Haneulchae Ber,’ which recorded an average competition rate of 367.37 to 1, maintained high popularity because of its proximity to the Han River.

Also, ‘e-Pyeonhansesang Gangil Urban Bridge’ showed an average competition rate of 337.91 to 1, thanks to nearby Beolmal Neighborhood Park, while ‘Hillstate Gwanggyo Central Station’ attracted attention due to its adjacency to Gwanggyo Lake Park, closing subscriptions with an average competition rate of 228.72 to 1.

Accordingly, the popularity of forest- and park-adjacent complexes is expected to continue in this year’s housing sales market. This month, a new complex adjacent to a park in Geomdan New Town is scheduled for sale, drawing considerable attention.

Jeil Construction Co., Ltd. plans to launch ‘Jeil Punggyeongchae Geomdan 2nd Phase’ in Geomdan New Town in March. It will be the largest private apartment complex in Geomdan New Town, consisting of 1,734 units ranging from 74, 84, to 110 square meters, with buildings from two basement floors up to a maximum of 29 floors above ground. The complex will feature a balanced floor plan lineup, including small-to-medium-sized units favored by buyers and recently popular medium-to-large units.

In fact, Jeil Punggyeongchae Geomdan 2nd Phase is planned to have a large-scale neighborhood park (planned) on the north side of the complex, and a children’s park (planned) adjacent to the complex, allowing residents to enjoy a pleasant natural environment nearby. Additionally, the complex will be designed as a park-style community with various themed gardens such as a lawn yard, flower garden, and family park, further enhancing residential comfort.

Jeil Punggyeongchae Geomdan 2nd Phase also boasts excellent living conditions, including superior educational and convenient transportation environments. Notably, the complex will include a daycare center (planned), and adjacent sites are designated for a kindergarten and elementary, middle, and high schools (planned), offering a one-stop ‘Haksegwon’ (school zone) where families with school-age children can raise them without worrying about moving.

Moreover, the complex is close to the new station (Station 102) on the extension of Incheon Subway Line 1 (scheduled for 2024), and the Western Express Railway (tentatively named GTX-D_ 예정) line is under development nearby. Once completed, this will greatly improve access to downtown Seoul. Nearby, projects such as the Wondang-Taeri Expressway (planned) and Geomdan-Gyeongmyeong Road (planned) are also underway.

Meanwhile, Jeil Punggyeongchae Geomdan 2nd Phase is expected to offer excellent residential comfort with various specialized designs unique to Jeil Punggyeongchae, which has continuously achieved successful sales in Geomdan New Town.

The complex will prioritize south-facing layouts for all units and feature mostly 4-bay slab-type floor plans to enhance lighting, ventilation, and openness. Additionally, by applying three-sided balconies (except for some units), the usable area will be maximized, allowing residents to enjoy more spacious living spaces.

Furthermore, the complex will introduce high-end community facilities such as a swimming pool, sauna, golf practice range, small library, and kids caf? to enhance residents’ living convenience.

Jeil Punggyeongchae Geomdan 2nd Phase will be subject to the price ceiling system, ensuring price competitiveness. For units larger than 85 square meters, 50% of the winners will be selected by lottery, making it possible to win even without high points, which has led to steady inquiries.

A sales official stated, “We will present the best landmark in Geomdan New Town that meets customers’ expectations,” and added, “We ask for continued interest in the upcoming schedule.”