Daewoo E&C Achieves Complete Sell-Out of 'Seomyeon Summit The New,' Proving the Popularity of High-End 'Summit' Brand
Busan’s Leading High-End Property ‘Seomyeon Summit The New’ Achieves 100% Sell-Out
Distinctive Product Quality, Prime Location, and Promising Future Value Attract Attention
Daewoo Engineering & Construction has achieved a 100% sell-out of "Seomyeon Summit The New," a residential development launched on the site of the former NC Department Store Seomyeon branch in Busan.
The project is being praised for once again proving the value of the high-end "Summit" brand, which is reserved for Korea's most luxurious residential complexes, through its differentiated specialized design, sophisticated exterior, and premium community facilities.
A representative from the sales team stated, "This high-end offering boasts both an unparalleled location in the very center of Seomyeon, Busan, and outstanding product quality," adding, "With a maximum height of 47 above-ground floors, Seomyeon Summit The New is set to become a new ultra-high-rise landmark for the region."
The complex consists of eight basement levels and 47 above-ground floors, with 919 residential units ranging from 84 to 147 square meters of exclusive area, and a large-scale commercial facility spanning 29,767 square meters from basement level 1 to the third floor above ground.
The site is within a 200-meter walking distance of Jeonpo Elementary School, and Dongsung Elementary School (private) is also within 700 meters. Within approximately 1 kilometer are Deokmyeong Girls' Middle School, Busanjin Girls' Middle School, Busan East Middle School, Dongsung High School, and Busan East High School, providing an excellent educational environment.
Residents will have easy access to a wide range of lifestyle infrastructure, including Lotte Department Store (Busan Main Branch), Lotte Mart, Emart Traders, the Buam and Seomyeon Station Medical Street, the Seomyeon central commercial district, Lotte Cinema, CGV, and the Busan International Financial City (BIFC).
Apartment residents can enjoy a wellness lifestyle with differentiated amenities such as the 47th-floor sky lounge, a guesthouse featuring specialized dry sauna and jacuzzi designs, a 25-meter three-lane swimming pool located on the second and third floors above ground, as well as large-scale private golf and sauna facilities.
Daewoo Engineering & Construction’s high-end residential brand "Summit" was first introduced in 2017 with "Yongsan Prugio Summit," and has since become a guarantee of success in Seoul’s Gangnam area and, more recently, in Busan with projects like "Blanc Summit 74," "Summit Limited Namcheon," and "Seomyeon Summit The New." Notably, in 2022, Real Estate R114 ranked "Summit" as the number one high-end apartment brand that consumers most wanted to purchase, surpassing all other brands.
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A Daewoo Engineering & Construction representative commented, "Summit's unrivaled high-end brand value has resulted in an outstanding achievement of 100% sell-out, even amid growing uncertainty and polarization," adding, "We will continue to deliver the best products that meet the expectations of our customers."
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