Official Contracts for "Geomdan Hosu Park Station Punggyeongchae Urbanity Phase 2," Which Achieved a Peak Competition Rate of 21.4 to 1, Begin October 2

- Official contracts to be held for 7 days at the promotion center from October 2 (Fri) to October 8 (Thu)

- Outstanding features such as on-site swimming pool, sauna, and separated household unit design, plus reasonable rental rates

Jeil Construction Co., Ltd. will begin the official contract process for "Geomdan Hosu Park Station Punggyeongchae Urbanity Phase 2," which is being supplied to the AB21-2BL site in Incheon Geomdan New City, next month.

The official contract will be held for 7 days at the Geomdan Hosu Park Station Punggyeongchae Urbanity Phase 2 promotion center, from Friday, October 2 to Thursday, October 8.

Despite being a public-supported private rental housing product, Geomdan Hosu Park Station Punggyeongchae Urbanity Phase 2 has attracted significant attention in the subscription market due to its prime location and specialized design. In fact, during the two-day subscription period on September 7 and 8, over 2,000 applications were received, recording an average competition rate of 2.1 to 1. Notably, the 84-square-meter exclusive use type reached a peak competition rate of 21.4 to 1, demonstrating high demand.

This enthusiastic response in the subscription market is attributed both to its unique features, which stand out even within Geomdan New City, and its reasonable residential costs. The complex is equipped with a variety of community facilities, including a rare indoor swimming pool and sauna, fitness center, golf practice room, and hotel-style lounge, so that residents can enjoy rest and leisure within the premises.

Amid increasing options for long-term residential rental housing, the fact that this development offers a range of community facilities and distinctive design features has also been highlighted.

The unique apartment layouts further enhance its market appeal. The 69-square-meter exclusive use "separated household" special design features an entrance, kitchen, and bathroom that are fully divided, enabling independent living. For separated households, management fees are charged individually according to the usage area of each household. Even single-person tenants or young residents who use only the small unit space can enjoy the same high-quality community facilities, such as the indoor swimming pool, sauna, and fitness center, which is expected to lead to greater residential satisfaction.

The residential stability and affordability are also notable strengths. As a public-supported private rental housing project, tenants can enjoy stable residency without any concern for moving for up to 10 years, and rent increases are capped at 5% upon contract renewal. In addition, the project is covered by jeonse (lump-sum deposit) return guarantee insurance from the Korea Housing and Urban Guarantee Corporation (HUG), reducing concerns about deposit refunds.

The monthly rent can be flexibly adjusted depending on whether the standard or optional package is chosen. For the special supply 59-square-meter exclusive use unit, the monthly rent ranges from 49,000 won to 409,000 won, while for general supply 59-square-meter exclusive use units, the monthly rent ranges from 69,000 won to 474,000 won. The 69-square-meter exclusive use type is set at 134,000 won per month (standard package), and the 84-square-meter type is set at 183,000 won per month, providing a stable and pleasant living environment at a price lower than the surrounding market rates.

This complex will consist of 9 buildings, with 2 basement floors and up to 25 floors above ground, offering a total of 918 units with exclusive areas ranging from 59 to 84 square meters. The layouts focus exclusively on mid- and small-sized innovative designs, which are increasingly preferred in the current subscription market.

The Jeil Construction Co., Ltd. Geomdan Hosu Park Station Punggyeongchae Urbanity Phase 2 promotion center is located near Singeomdan Jungang Station, Geomdan-gu, Incheon Metropolitan City. The move-in date is scheduled for May 2027.

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