First Phase 3 New Town Supply in Namyangju Wangsuk 2: Two Complexes See Triple-Digit Competition Ratios
The main subscription lotteries for the general supply of public sale housing in the A-1 and A-3 blocks, which are the first to be offered in Phase 3 New Town's Namyangju Wangsuk 2 District in Gyeonggi Province, both recorded triple-digit competition ratios.
According to Korea Land & Housing Corporation (LH) on May 29, the general subscription for the A-3 block closed on the same day, with 20,671 applicants for 163 available units, resulting in an average competition ratio of 126.8 to 1.
Perspective view of Namyangju Wangsuk 2 A-1 Block 'Wangsuk Atera'. Kumho Construction
View original imageBy housing type, the exclusive 59㎡ Type A, with 14 units available, attracted 6,066 applicants, recording the highest competition ratio at 433.3 to 1.
The winners will be announced on June 15, with electronic contracts scheduled for August 24–25 and in-person contracts on August 27–28.
For the A-1 block, which is supplied as the private-participation public sale housing project 'Wangsuk Atera' by Kumho Construction, the general subscription closed the previous day. For 223 available units, 23,525 people applied, resulting in an average competition ratio of 105.5 to 1.
The 59㎡ Type A units, with 22 available, recorded the highest competition ratio at 393.6 to 1, with 8,659 applicants.
The winners for this block will be announced on June 12, and contracts will be signed from August 10 to 14.
Meanwhile, in Phase 3 New Town's Goyang Changneung area, the private-participation public sale housing project 'Umi Lin Granity' (Goyang Changneung S-1 Block), supplied by Umi Construction, closed its general subscription the previous day. It attracted 11,135 applicants for 182 units, resulting in an average competition ratio of 61.2 to 1.
The 84㎡ Type A units, with 27 available, had the highest competition ratio at 113.7 to 1, with 3,070 applicants.
Hot Picks Today
Karina Fetches 6.7 Billion Won, Lives Under 24-Hour Armed Guard... World's Most Expensive Cow in the Spotlight
- "If It Breaks, That's It": Chaos Among Samsung and SK hynix Consumers... Soaring SSD Prices Mean "No Replacement, Only Refund at Original Price"
- Kim Minseok Maintains First Place, Leading Jeong Cheongrae by 8.4% Points Overall After Narrow 0.38% Margin Win in Gyeonggi and Seoul
- Yu In-chon: "Even Sadder Than Last Year"...Bicycle Pilgrimage to Mark Brother's First Anniversary
- I Always Applied Sunscreen for Night Runs... The Ministry's Surprising Answer
The winners will be announced on June 11, with contracts scheduled for July 27–31.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.