All Generations Nearly Sold Out... 'Dongtan Parkrix' Phase 2 No-Order Contract to Proceed on 12th (Fri)

- 9 Units of Exclusive Area 110㎡ Type A, Non-Sequential Contracts Held on 12th (Fri) at Model House
- Reasonable Sale Prices Benefiting Semiconductor Cluster... High Demand from Buyers

Hyundai Construction, Gyeryong Construction Industry, Dongbu Construction, and Daebo Construction will conduct a non-priority contract for the second phase of ‘Dongtan Parkrix,’ located in the New Residential Culture Town of Dongtan 2 New City, Gyeonggi-do, on the 12th (Friday).

This non-priority subscription was conducted for 9 units of the exclusive area 110㎡ A type. Once the contracts for the remaining units are completed, all 2,063 units, including the 660 units of the second phase, will be sold out. The contract signing for the non-priority winners will take place on the 12th (Friday) from 10 a.m. to 11 a.m. at the model house.

Dongtan Parkrix Phase 2 is supplied as the largest large-scale complex within the New Residential Culture Town, giving it high symbolic value. Specialized community facilities suitable for its scale are provided within the complex, allowing residents to enjoy a convenient living environment. Additionally, elementary, middle, and high school sites are planned to the south, enabling safe walking commutes, and nearby are Sinri Stream and Wangbaesan 3rd Park, where residents can spend leisure time.

In particular, the future value is expected to be high as a ‘Semiconductor Mega Cluster’ is planned to be established in the nearby Cheoin-gu, Yongin City. The Semiconductor Mega Cluster is the world’s largest semiconductor cluster development project, with Samsung Electronics investing 300 trillion won. Since the project site, Cheoin-gu, borders Dongtan 2 New City, direct benefits are anticipated.

Price competitiveness is also high compared to nearby existing complexes. According to the Ministry of Land, Infrastructure and Transport’s actual transaction price data, an 84㎡ exclusive area unit in ‘Dongtan Station Shibeom The Sharp Central City (occupied in September 2015)’ in Dongtan 2 New City was traded for 1.13 billion won in April this year, and the same size unit in ‘Dongtan Station Shibeom Unam Firstville (occupied in February 2015)’ was traded for 1.1 billion won in March this year. Dongtan Parkrix Phase 2 is supplied at a price in the 500 million won range for an 84㎡ exclusive area, allowing purchase at about half the market price. Additionally, a fixed contract deposit of 10 million won for the first payment is offered, significantly reducing the initial financial burden.

It is also noteworthy that the real estate market in Dongtan 2 New City has recently shown a rapid upward trend. According to statistics from the Korea Real Estate Board, the sales price index in Hwaseong City, Gyeonggi Province, where Dongtan 2 New City is located, rose by 0.05 percentage points in the first week of May (1st), showing an upward trend for three consecutive weeks since the third week of April (17th). Apartment sales volume also more than doubled in March this year with 966 transactions compared to the same period last year (March 2022).

A sales official said, “Dongtan Parkrix Phase 2 has attracted strong interest from buyers due to the favorable factors such as the nearby semiconductor cluster development,” adding, “Since many buyers gathered during the previous non-priority subscription, we expect all units to be sold out in this contract.”

Meanwhile, Dongtan Parkrix consists of a total of 4 blocks, 44 apartment buildings ranging from 2 basement floors to 20 above-ground floors, with exclusive areas ranging from 74 to 110㎡, totaling 2,063 units. After the first phase’s 1,403 units were sold out in a short period, 660 units in Block A55 are currently being sold in the second phase, with move-in scheduled for July 2025.

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