'Ssangyong The Platinum Seodaemun' Posts a Record Competition Ratio of 240.5 to 1

[Financial News] Ssangyong Engineering & Construction said that 'Ssangyong The Platinum Seodaemun,' which it is introducing in the Hongeun-dong area of Seodaemun-gu, Seoul, closed all unit types after posting a top competition ratio of 240.50 to 1 in the first-priority local subscription round. The average competition ratio was 39.71 to 1.
According to Cheongyak Home of the Korea Real Estate Board (KREB) on the 26th, a total of 1,112 applicants applied for 28 units, excluding special supply, in the first-priority local subscription round for Ssangyong The Platinum Seodaemun on the 25th.
In particular, the exclusive 59m2A type recorded a competition ratio of 240.50 to 1. The exclusive 84m2A type posted 25.39 to 1, while the exclusive 84m2B type recorded 15.67 to 1.
Winners will be announced on September 2, and the main contract period will run for three days from September 14 to 16.
The complex will be built on a site in Hongeun-dong, Seodaemun-gu, Seoul, with four basement levels and 20 above-ground floors across three buildings, for a total of 177 units. The general sale includes 62 units in total, consisting of three 59m2A units, 53 84m2A units, and six 84m2B units.
The model home is located at 235 Susaek-ro in Eunpyeong-gu, Seoul. Move-in is scheduled for January 2030.

[email protected] Kwon Joon-ho Reporter