Busan 'Le El River Park Centum' Surpasses 10,000 Applications... 'Most in Busan This Year'

[Financial News] 'Le El River Park Centum' presented in Busan recorded a first-place application competition rate of up to 116.4 to 1.
According to the Korea Real Estate Agency's application home on the 24th, a total of 10,460 people applied for the Le El River Park Centum application, which was held from the 21st to the 23rd. In particular, in the first-place application, 6,517 people flocked to the exclusive 84㎡, recording the highest competition rate of 116.4 to 1. The exclusive 104㎡C type also showed a high competition rate of 13.2 to 1. The penthouse exclusive 244㎡ type was also closed with a competition rate of 2.3 to 1.
Le El River Park Centum is a complex where Lotte Construction's high-end brand 'Le El' is applied for the first time in Busan. It has been about two years since more than 10,000 applications were received in Busan since July 2023. Even if the range is expanded to after the real estate boom in 2021, only 10 complexes have exceeded this record, making it a rare achievement.
This success is analyzed to be due to its product appeal. Le El River Park Centum features a super-large community facility 'Salon de Le El' of approximately 10,900㎡. In particular, the benefit of supporting the use of all community facilities for two years without any management or operating cost burden upon moving in was evaluated as a thoughtful consideration that reduces the initial burden on residents.
Meanwhile, 'Le El River Park Centum' will be constructed as a large complex with 2,070 households, ranging from 84 to 244㎡ in exclusive area, from 6 basement floors to 67 above-ground floors, in the Jaesong-dong area of Haeundae-gu, Busan Metropolitan City.


ming@fnnews.com Jeon Min-kyung Reporter