"10-Year Deposit Freeze"... POSCO E&C to Offer Private Rental Housing at The Sharp Ilsan Centro

29 stories above ground, 526 homes
229 rental homes to be offered
Priority to convert to ownership at the end of the rental period

POSCO E&C announced on November 3 that it will open a sales showroom for The Sharp Ilsan Centro this month in Pung-dong, Ilsandong-gu, Goyang, Gyeonggi Province, and begin offering long-term general private rental housing.

The Sharp Ilsan Centro is a complex being developed through the Pung-dong District 2 urban development project. It will comprise seven buildings, rising from two basement levels to 29 stories above ground, with a total of 526 homes. Of these, 229 will be long-term general private rental homes, all with an exclusive-use area of 84 square meters and available in three types: A, B, and C.

Rendering of The Sharp Ilsan Centro. POSCO E&C

The complex is well connected by public transit, with Pungsan Station on the Gyeongui-Jungang Line and Baengma Station, served by the Gyeongui-Jungang and Seohae lines, both within walking distance. Residents can transfer to the GTX-A line and Subway Line 3 at Daegok Station, providing convenient access to Gangnam and central Seoul. Major roads nearby include Goyang-daero and the Seoul Ring Expressway.

Pungdong Anygol and the Pungdong District commercial area are located near the complex. Everyday amenities include an E-Mart, Lotte Department Store, and the National Cancer Center. Pungsan Elementary School is about a seven-minute walk away, while Pungsan Middle School, Pungdong High School, and the Baengma and Hugok private academies are also nearby.

The homes will feature an 84-square-meter exclusive-use area, a five-bay, slab-type layout, and an expanded balcony on three sides. Each home will have a separate storage room, and balcony expansion, as well as system air conditioning in the living room and entrance hall, will be provided at no additional cost.

In particular, the complex will feature "THE SHARP MEMBER 10," a program being introduced by POSCO E&C for the first time. Contract holders can live in their homes for 10 years without an increase in the rental deposit. At the end of the rental period, they will have priority to convert to ownership at a fixed sale price set in advance under the contract. They will also be required to enroll in rental deposit guarantee insurance provided by the Korea Housing & Urban Guarantee Corporation (HUG).

A POSCO E&C official said, "With rental deposits frozen for 10 years and priority to convert to ownership at a fixed sale price, we expect strong interest from genuine home seekers looking for long-term housing stability and a path to owning their own home."

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