<서울서 찾기 힘든 국평 10억 미만 분양가 ‘도봉 금호어울림 리버파크’> Hard-to-Find Under 1 Billion KRW National Average Price in Seoul: 'Dobong Geumho Eoullim River Park'

November 6 (Mon) Special Supply, 7 (Tue) 1st Priority, 8 (Wed) 2nd Priority Subscription 진행

[‘Dobong Geumho Eoullim River Park’ Bird's-eye View]

Kumho Construction opened the model house for ‘Dobong Kumho Eoullim River Park’ in Seoul on the 27th and officially began the sales schedule. This complex has drawn significant attention from prospective buyers as the price for the so-called national standard unit (exclusive area of 84㎡) is set below 1 billion KRW.

Now, in Seoul, the sale price for the 84㎡ units, known as the ‘national standard size,’ has soared well above 1 billion KRW. In fact, complexes sold this year in northern Seoul districts such as Gwangjin-gu and Dongdaemun-gu have set prices for the national standard units (84㎡) as high as 1.4 billion KRW, making it increasingly rare to find units priced below 1 billion KRW.

The construction industry maintains that the rise in prices is inevitable due to increased costs of building materials and labor. However, this poses a significant burden for prospective buyers. Moreover, major complexes in the Gangnam area, originally scheduled for sale this year, have postponed their sales to next year to raise prices, suggesting that price increases will intensify.

An industry insider stated, “Even complexes with high prices in Seoul have recorded subscription competition rates of several tens to one, enjoying great popularity. As a result, upcoming complexes are also setting high prices,” adding, “Now, buyers must think ‘the units being sold now are the cheapest’ and take the chance to apply.”

Meanwhile, ‘Dobong Kumho Eoullim River Park’ by Kumho Construction is designed with balcony expansion as a standard feature, so the cost of balcony expansion is included in the sale price.

‘Dobong Kumho Eoullim River Park’ is located in Dobong-gu, Seoul, consisting of 5 buildings from 2 basement floors to 18 above-ground floors, with 299 units ranging from 59 to 84㎡ in exclusive area. Among these, 130 units are for general sale. The general sale units by size are ▲59㎡A 2 units ▲75㎡A 28 units ▲84㎡A 5 units ▲84㎡B 64 units ▲84㎡C 31 units. Move-in is scheduled for March 2026.

Applications start with special supply on November 6 (Monday), followed by first priority on November 7 (Tuesday), and second priority on November 8 (Wednesday). Winners will be announced on November 15 (Wednesday). The official contract period is from November 27 (Monday) to November 29 (Wednesday), lasting three days.

For first priority applications, anyone aged 19 or older residing in Seoul, Incheon, or Gyeonggi Province who has held a subscription account for at least 12 months and meets the deposit requirements by region and size can apply regardless of home ownership, and there is no restriction on re-winning.

Additionally, even if selected, the obligation to dispose of an existing home for first-time winners has been abolished, so owners do not need to sell their current home. There is no requirement for actual residence, resale restrictions last for one year, and interim payment loans are available up to 60%.

‘Dobong Kumho Eoullim River Park’ is the first new apartment complex in Dobong-dong in 13 years, making it highly scarce. It features the latest floor plans, designs, and systems not seen in the surrounding area, along with community facilities and landscaping.

The complex is primarily west-facing to maximize natural light and sunlight rights. It offers a pleasant and safe environment with 100% underground parking, eliminating cars from the surface. Resident convenience facilities such as a moms’ station, senior citizens’ center, children’s playground, and fitness facilities are also provided.

Within approximately 500 meters, Dobong Station and Banghak Station on Seoul Subway Line 1 are accessible on foot. The area boasts convenient transportation with wide-area bus routes connecting to Gangnam, Dobong-ro, Madeul-ro, and Dongbu Expressway. The Ui-Sinseol Line is planned to be extended to Banghak Station, and the GTX-C line, connecting Suwon in Gyeonggi Province and Deokjeong in Yangju, is scheduled for Chang-dong Station, just one stop away from Banghak Station, further improving transportation.

Regarding the residential environment, Changdo Elementary School and Dobong Middle School are nearby, along with lifestyle infrastructure such as the Seoul Northern District Court and Prosecutor’s Office, Dobong District Office, Homeplus, CGV, and Lotte Department Store. The complex is also close to healing spaces like Jungnangcheon Stream and its riverside park, Dobongsan, Suraksan, and Bukhansan, offering a pleasant natural environment.

The model house is located in Dobong-gu, Seoul.

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