"Hwaseong Namyang New Town Woomee Lin Edu High" Offers Competitive Pre-Sale Price in the 400 Million Won Range in Greater Seoul

Price Cap Applied in Hwaseong Namyang New Town

Outstanding Price Competitiveness Compared to Nearby Bongdam and Hyangnam

Ongoing Surge in Pre-Sale Prices and Construction Costs

Upward Trend in Pre-Sale Prices Expected to Continue This Year

A rare apartment complex priced in the 400 million won range is attracting the attention of buyers in the Greater Seoul area. With pre-sale prices in the region continuing to rise, anticipation for complexes offering reasonable price competitiveness is higher than ever.

According to the "Private Apartment Sale Price Trends" report released by the Housing and Urban Guarantee Corporation (HUG), as of February 2026, the average pre-sale price of private apartments in the Greater Seoul area was 32.17 million won per 3.3 square meters. When converted to the standard exclusive area of 84 square meters (formerly 34 pyeong), this amounts to approximately 1,093.78 million won (about 1.09 billion won).

Amid this trend of high pre-sale prices, "Hwaseong Namyang New Town Woomee Lin Edu High," supplied by Woomee Construction in the Namyang New Town area of Hwaseong City, Gyeonggi Province, is drawing attention. Not only is this the first new supply in the public housing site of Namyang New Town in five years, but due to the application of the pre-sale price cap system, it boasts reasonable price competitiveness. The exclusive 84-square-meter unit in this complex is priced in the 400 million won range, which is only about half the average pre-sale price in the Greater Seoul area.

This value stands out even more when compared with major residential areas in Hwaseong City, such as Bongdam District and Hyangnam District. According to the Ministry of Land, Infrastructure and Transport’s actual transaction price disclosure system, an 84-square-meter exclusive unit in Jungheung S-Class The Central, located in Bongdam-eup, Hwaseong-si, Gyeonggi Province, was sold for 650 million won in February 2026. Additionally, an 84-square-meter unit in Hyangnam Siheomnolbeundeulmaeul Aileen's Garden (which was completed in 2008), located in Hyangnam-eup, Hwaseong-si, was sold for 450 million won this month.

When compared with Bongdam District, where the standard unit price is already in the 500 to 600 million won range, and the Hyangnam area, where apartments over 10 years old are trading in the 400 million won range, the price competitiveness of Hwaseong Namyang New Town Woomee Lin Edu High stands out even more. In fact, this is virtually the last opportunity to secure a newly built brand apartment in the western part of Hwaseong City at a price in the 400 million won range.

While the price is reasonable, the location and product value are excellent. The complex consists of six buildings with a total of 556 units, spanning from two basement floors to 24 above-ground floors, all offering the highly popular exclusive 84-square-meter layout. Both an elementary school and a middle school opened in March 2026 right in front of the complex, securing the so-called "Cho-pum-a" (elementary school within walking distance) status. In addition, with the double-track Seohae Line (Seohwaseong~Wonsi section) set to open later this year, the project's future value is expected to be even higher.

A pre-sale representative stated, "With pre-sale prices continuing to rise nationwide, it is becoming increasingly difficult to find standard-sized apartments in the 400 million won range in the Greater Seoul area. Compared to nearby Bongdam and Hyangnam, this complex offers clear price competitiveness and is also set to benefit from major transportation infrastructure developments, resulting in a flood of inquiries from buyers looking for both immediate occupancy and long-term investment value."

Meanwhile, the model home for "Hwaseong Namyang New Town Woomee Lin Edu High" is located in Gojan-dong, Danwon-gu, Ansan-si, Gyeonggi Province, and detailed sales information is available on the official website.

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