5,215 Homes Open for Applications at 12 Sites Nationwide in the Second Week of November; 79% Concentrated in Gyeonggi

[Financial News]  In the second week of November, applications will be accepted for 5,215 homes across 12 complexes nationwide. With about 79% of the total supply concentrated in Gyeonggi Province, Suwon’s Gwanggyo New Town will see the country’s first equity-accumulation homes offered for sale.
According to real estate research firm RealToday on the 6th, applications will be accepted for a total of 5,215 homes at 12 sites nationwide next week (the 9th–15th). The total includes officetels, publicly supported private rental housing, public-sale housing, equity-accumulation homes and youth safe housing, but excludes Happy Housing.
By region, 4,102 homes will be supplied at eight sites in Gyeonggi, accounting for about 78.7% of the total. New home sales are expected to continue, mainly in southern Gyeonggi, including Pyeongtaek, Suwon and Siheung.
Major complexes include Hanwha Forena Jije Station (1,098 homes) and Pyeongtaek Godeok Woomi Lynn The Premier (623 homes) in Pyeongtaek, Gyeonggi; Gwanggyo Jayeon & Centerville (600 homes) in Suwon; and Elif Siheung The Prime (304 homes) in Siheung.
In Guri, applications will be accepted for Guri Galmae Station Area B-1 Block Shinan Insvill Descent (213 homes), and in Yongin for Jungang Heights Guseong Platform
City (76 homes). In Uijeongbu, Hillstate Hoeryong Station Parkview (909 homes), a publicly supported private rental complex, will be supplied.
In other regions, applications will be accepted for Namchuncheon Centerville (264 homes) in Chuncheon, Gangwon Province, and Hyeonggok Central Atera (135 homes) in Gumi, North Gyeongsang Province.
In addition to application periods, winner announcements will take place at eight sites, including Gyeyang New Town Caiiv Yuboraa. Contract signings are scheduled at 11 sites, and one new model home will open.
On the 13th, a consortium of Korea Land and Housing Corporation (LH) and NAMKWANG CONSTRUCTION. LTD. will open a model home for Bucheon Daejang Howstory Descent in Daejang-dong, Bucheon, Gyeonggi Province. The complex will comprise 548 homes, with two basement levels and up to 15 floors above ground, and will offer exclusive-use areas of 59, 74 and 84 square meters.

[email protected] Choi A-young Reporter