Jangwi Prugio Mark One Redevelopment in Zone 10 Opens for Sale... Subscription Starts on the 29th
Daewoo E&C announced on June 26 that it will open the model house for Jangwi Prugio Mark One. This development, supplied through the redevelopment of Zone 10 in Jangwi New Town in Seongbuk-gu, Seoul, consists of 23 buildings ranging from 5 basement floors to 35 above-ground floors, with a total of 1,931 units. Of these, 1,032 units with exclusive use areas ranging from 39 to 114 square meters will be made available for general sale.
The average sale price is 50.34 million won per 3.3 square meters. The 59-square-meter unit is priced in the low to mid 1.4 billion won range, while the 84-square-meter unit is in the mid 1.7 billion won range. Move-in is scheduled for September 2030. Special supply applications will begin on June 29, followed by first-priority subscriptions for residents of the relevant area on June 30. On July 1, first-priority applications for other regions will be accepted, and on July 2, second-priority applications will be received. The winners will be announced on July 8, and the official contract period will run for four days starting July 20.
Perspective view of Jangwi Prugio Mark One. Provided by Daewoo Engineering & Construction
View original imageFor general supply, applicants must be at least 19 years old and have resided in Seoul for at least two years as of the announcement date, or reside in the greater metropolitan area. They must also have held a subscription savings account for over 24 months and meet the deposit requirements for their respective region and unit size to qualify for first-priority applications. A re-winning restriction of 10 years and a resale restriction of 3 years apply, but there is no mandatory residence period.
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The new apartment is close to Dolgoji Station on Subway Line 6. Jangwi Elementary School is located right next to the complex, and several middle and high schools are within a 1.5-kilometer radius. Markets, large supermarkets, department stores, and hospitals are also nearby. The exterior design, which incorporates award-winning design elements, was adopted during the Seoul city building review process. Low-rise buildings are planned along the outer edges, and a three-dimensional facade design is applied to the southern roadside. Recognized as an excellent design apartment complex, the project is subject to relaxed balcony removal standards.
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