Model Home Opens for "Osan Segyo Umirin Forecity," a Post-Completion Public-Support Private Rental Apartment [Real Estate AtoZ]

29-story Complex with 10 Buildings and 1,050 Units
Subscription Opens on July 29, Move-in Scheduled for January
Up to 10 Years Residency Possible... Guaranteed by HUG

Umi Construction announced on July 24 that it will open the housing promotion center for "Osan Segyo Umirin Forecity," a privately-financed rental apartment project with public support to be sold after completion, located at Block A-5 of Segyo 2 District in Osan, Gyeonggi Province.

The complex will consist of 10 buildings with 2 underground and 29 above-ground floors, comprising a total of 1,050 units with exclusive areas of 69㎡ and 84㎡. Move-in is scheduled for January 2027.

'Perspective view of Osan Segyo Woorim Forest City.' Woorim Construction

Applications for subscription will be accepted from July 29 to 30 through both special and general supply categories. Successful applicants will be announced on August 4, and contract signings will take place from August 17 to 20.

Applicants do not need to have a housing subscription savings account. Anyone who is at least 19 years old and is either a homeless individual or a member of a homeless household is eligible to apply. There are no residency requirements or re-selection restrictions.

Tenants may reside for up to 10 years. The lease deposit is guaranteed by the Housing & Urban Guarantee Corporation (HUG). Rent increases are capped at 5% per year, and tenants are exempt from acquisition and property taxes.

The site is close to Osan Station and Osandae Station on Subway Line 1, as well as Osan IC and North Osan IC. There are plans for the GTX-C line extension to Osan and the construction of the Dongtan Urban Railroad. Schools such as Sedam Elementary, Daeho Elementary, Daeho Middle, Osan Middle, and Osan High, along with neighborhood parks and the Mulhyanggi Arboretum, are also nearby.

All units are oriented predominantly to the south. There will be no above-ground parking lots; instead, facilities such as an indoor gymnasium, screen golf practice range, fitness center, and a resident cafe will be provided.

The model home has been prepared in Sancheok-dong, Dongtan-gu, Hwaseong City.

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