6,734 housing units up for subscription nationwide in fourth week of October; 64% concentrated in Incheon and Chungcheong

[Financial News] Applications will open for 6,734 units at 13 sites nationwide in the fourth week of October. Three major complexes in Incheon and the Chungcheong region will account for 64% of the total supply. During the same period, successful applicants will be announced at 18 sites, and contract signings will take place at 16.
According to RealToday, a real estate research firm, on the 16th, applications will be accepted for a total of 6,734 units nationwide from the 19th to the 25th. The total includes officetels, publicly supported private rental housing and units canceled by association members, but excludes Happy Housing units.
Large-scale apartment supply is concentrated in Incheon and the Chungcheong region. A total of 4,340 units will be supplied at just three complexes: Sangok Station Xi Hillstate & Haneulchae (1,289 units) in Bupyeong District, Incheon; Asan Grand City Fill House (1,380 units) in Asan, South Chungcheong Province; and Cheongju Gagyeong I-Park Complexes 7 and 8 (1,671 units) in Cheongju, North Chungcheong Province. That represents about 64.4% of all units open for subscription.
In the capital region, applications will also be accepted for 853 units at Okjeong Jungang Station Daebang D'TRE II in Yangju, Gyeonggi Province, and 189 units at Hillstate Seongnam Metroble in Seongnam. Outside the capital region, supply is also expected from Yeonje Gallery Xi (459 units) in Yeonje District, Busan, and Hillstate Geoje Signature (Phase 1, 356 units) in Geoje, South Gyeongsang Province, among others, with 356 units slated for supply.
On the 20th, applications are scheduled for officetels in the capital region and large apartment complexes in the Chungcheong region.
Hyundai Engineering will accept applications for Hillstate Seongnam Metroble, being built on the former Seongnam KT site in Dandae-dong, Sujeong District, Seongnam, Gyeonggi Province. The development will comprise two buildings, with six basement levels and 34 floors above ground, containing 189 officetel units with exclusive areas of 74 to 95 square meters, as well as neighborhood commercial facilities.
On the same day, Hansung Construction will accept first-priority applications for Asan Grand City Fill House in Baebang-eup, Asan, South Chungcheong Province. The complex will have 14 buildings, with two basement levels and 28 floors above ground. Of the 1,534 units with exclusive areas of 84 and 103 square meters, 1,380 units will be offered, excluding rental units.
One model home is scheduled to open in Gyeyang District, Incheon. Bando Construction plans to open the model home for Gyeyang New Town Kaive Ubora, which is being built in the Dongyang-dong area, on the 23rd. The development will comprise 1,110 units with exclusive areas of 84, 92 and 93 square meters, across two basement levels and 15 floors above ground. It will be divided into Block AC3, with 614 units, and Block AC4, with 496 units.
Successful applicants will be announced at 18 sites, and contract signings are scheduled at 16 sites.

[email protected] Choi A-young Reporter