Cheongju Presale Market Heats Up After Gagyeong I-Park Success... Sinbunpyeong Epit The Way City Opens First-Priority Applications Oct. 28

Nearly 20,000 Visit Model Home in First Week... Applications Open for 992 Units Offered for General Sale

Perspective rendering of "Sinbunpyeong Epiteu The Way City." (Provided by HL D&I Halla Co., Ltd.)

As demand for new apartment subscriptions continues to surge in the Cheongju area, Sinbunpyeong Epit The Way City, which is being built in the Sinbunpyeong Urban Development Zone in Jangseong-dong, Seowon-gu, Cheongju, will begin accepting applications on October 27, starting with special supply. Following strong subscription results at Gagyeong I-Park, attention is focused on whether homebuyers' interest in the Cheongju presale market will carry over to the next development.

Supplied by HL D&I Halla, Sinbunpyeong Epit The Way City will comprise 10 buildings, with two basement levels and 29 floors above ground, and a total of 992 units. All units will be offered for general sale, with exclusive areas of 59, 75, 84 and 112 square meters. The development offers a range of options, from medium- and small-sized units favored by owner-occupiers to larger units for those seeking more spacious homes, taking into account different family sizes and housing preferences.

Consumers visit the model home for Sinbunpyeong Epite The Way City. (Provided by HL D&I Halla Co., Ltd.)

Visitors have also been coming to the model home to view the development ahead of the subscription period. Since it opened on October 16 in the Yongam-dong area of Sangdang-gu, Cheongju, approximately 20,000 people are estimated to have visited over the following week, including the weekend. The company said visitors looked at the floor plans for each unit type, the site layout, residential amenities and location.

One of the development's features is a plan to create a branded residential community within the Sinbunpyeong district. The Sinbunpyeong Urban Development Zone is slated to become home to the Sinbunpyeong The Way City branded community, comprising a total of 3,948 units across three developments. The possibility that the residential infrastructure in southern Cheongju could expand in tandem with development in nearby Dongnam and Bangseo districts, Bunpyeong-Mipyeong district and Bunpyeong 2 district is also seen as a point of interest. However, surrounding development plans may change depending on the progress and schedule of each project.

In particular, the recent Cheongju real estate market has continued to see a steady influx of residents alongside large-scale investments in advanced industries such as semiconductors and secondary batteries, creating a solid base of housing demand.

Transportation, education and parking are also worth considering for those planning to live in the development. The site offers easy access to Cheongju Ring Road 2 and National Route 17, and is also near Ring Roads 1 and 3, providing road connections to downtown Cheongju and nearby industrial hubs. Jangseong Elementary School (provisional name), located right next to the development, is scheduled to open in September 2029.

For residential convenience, the development will provide 1.48 parking spaces per household. All units are planned to face predominantly south, and landscaping will cover approximately 42% of the site. Plans also include specialized medical services through a business agreement with Cheongju Hana Hospital and the opening of a Jongro M School branch within The Way City.

Applications for Sinbunpyeong Epit The Way City will begin with special supply on October 27, followed by first-priority applications on October 28 and second-priority applications on October 29. The winners will be announced on November 4, and contracts will be signed at the model home over three days, from November 16 to 18. Applicants should check the public housing announcement for subscription eligibility, the number of units offered in each housing type and sale conditions.

A sales representative said, "Since the model home opened, many visitors have come to see the floor plans, location and residential convenience of the development for themselves." The representative added, "We will provide guidance so people can carefully consider the plans for a branded residential community in the Sinbunpyeong district, the range of housing types and the living environment before deciding whether to apply."

Meanwhile, to mark the opening of the model home, a promotional event is being held that offers an iPhone 18 Pro Max when a referred customer applies and signs a contract, a department store gift certificate for referring a friend or colleague, and a food delivery app gift certificate for visiting the model home and posting a review.

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