Rising Trend in Gangwon-do Amid Real Estate Slump... 'Wonju Innovation City Useunghan Naedeul The Sky' Now Accepting First-Come, First-Served Unit Designation Contracts

- Apartment Prices in Gangwon-do Rise Despite Downturn, Subscription Holds Strong... Spotlight on 'Wonju Innovation City Useung Hanneuldeul'
- Exceptional Benefits Including Down Payment Loan Support and Interim Payment Interest Support... Model House Visit Event Ongoing

Despite the recent economic downturn, the real estate market in Gangwon Province is showing signs of recovery.

According to KB Real Estate, the average apartment sale price in Gangwon increased by 5.83% last year. While the nationwide average fell by 3.12% and Seoul saw a 2.96% decline amid economic recession and a transaction freeze causing a nationwide housing price drop, Gangwon Province appears to have successfully defended its prices.

This upward trend was also confirmed in the subscription market. According to the Korea Real Estate Board, at the end of last year, the “Gangneung Gyodong Kumho Eoullim Olympic Park” attracted a total of 2,134 applications for 235 units, achieving a top competition rate of 20.7 to 1 and closing all units in the first subscription round. Earlier, in November last year, “Ayajin La Mer Desiang” in Goseong-gun, Gangwon, also closed subscriptions within the ranking with about 3,000 subscription accounts for 712 units.

The positive momentum is expected to continue. Market interest rates have slightly decreased, and mortgage loan rates at commercial banks have entered the 6% range at the upper end, easing the burden of soaring rates. With somewhat lower rates and a forecast of downward stabilization, housing demanders are likely to consider investment or home purchase strategies, leading to further activation of the Gangwon pre-sale market.

New Ultra-High-Rise Apartment in Wonju Innovation City, Outstanding Residential Value ‘In the Spotlight’

Meanwhile, Yuseung Construction is attracting growing investor interest with the “Wonju Innovation City Yuseung Hannaedeul The Sky,” currently accepting contracts on a first-come, first-served basis in Wonju Innovation City, Gangwon Province.

“Wonju Innovation City Yuseung Hannaedeul The Sky” is located in Complex Land Block 2 of Wonju Innovation City, Gangwon Province. It consists of three buildings from two basement floors to 39 floors above ground, with a total of 386 units, all rare medium-to-large sized units with exclusive areas of 95㎡ and 115㎡. The unit types are △95㎡ with 71 units △115㎡A with 210 units △115㎡B with 105 units.

Special sale conditions apply to “Wonju Innovation City Yuseung Hannaedeul The Sky.” A 5% down payment loan support and 60% interim payment loan interest support are provided. These special benefits for down payment and interim payment aim to reduce the initial financial burden on contract holders.

The complex also features specialized designs that enhance residential quality. It boasts an ultra-high-rise design of up to 39 floors and three-sided openness, allowing residents to enjoy a panoramic view of Wonju Stream from within the complex. Additionally, a 5Bay (partial) design maximizes openness. Each unit is equipped with storage spaces such as pantries and large dressing rooms, and trendy customized interiors are available through paid options.

Robust living infrastructure is also in place. It is conveniently accessible via KTX Wonju Station and Namwonju IC on the Jungang Expressway. Residents can easily use Homeplus, Hanaro Mart, Megabox, and Wonju Severance Hospital located in downtown Wonju. The complex is near schools for all age groups, including Beodeul Elementary, Beodeul Middle, Bangok Middle, Yeongseo High, and Chiak High, providing a safe commuting environment.

The complex boasts a pleasant residential environment. Wonju Stream lies right in front of the complex, and the Wonju Stream Waterfront Park, featuring about 10 km of walking trails and exercise equipment, is nearby. Additionally, Chiaksan and Baegunsan Mountains are close, and green spaces such as Dumul Waterfront Park, Beodeulman Park, Garaesil Park, and Sambo Park are also available in the vicinity.

“Wonju Innovation City Yuseung Hannaedeul The Sky” is currently operating a model house and is holding events for customers who visit the model house on a first-come, first-served basis. Move-in is scheduled for October 2025.

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