'Elif Siheung The Prime' draws around 7,000 visitors during its opening weekend alone... First-priority applications on the 10th

[Financial News] Around 7,000 people visited the model home for 'Elif Siheung The Prime,' supplied by KYE-RYONG CONSTRUCTION INDUSTRIAL CO., LTD. in Siheung, Gyeonggi Province, during its first weekend open.
According to KYE-RYONG CONSTRUCTION INDUSTRIAL CO., LTD. on the 9th, around 7,000 visitors had toured the Elif Siheung The Prime model home by the end of its first weekend. It opened on the 6th. Visitors consulted with staff while checking the sale prices, application eligibility and contract terms.
Elif Siheung The Prime will be built in Block B-5 of the Siheung Geomo Public Housing District, with two basement levels, up to 25 floors above ground, four buildings and a total of 338 units. All units will have an exclusive area of 84 sq. m, and 304 of them will be offered for sale.
The complex is subject to the price cap system. The maximum sale price for an exclusive 84-sq.-m unit is 599.3 million won, below 600 million won. The down payment is set at 5% of the sale price to reduce the initial financial burden.
The Siheung Geomo District, where the complex will be built, is adjacent to the Ansan Singil 2 District. Once development of the two public housing districts is complete, a residential area comprising around 19,000 households is expected to take shape.
Singil Oncheon Station, served by Seoul Metropolitan Subway Line 4 and the Suin–Bundang Line, is within walking distance. The Seoansan interchange on the Yeongdong Expressway and the Namansan interchange on the Pyeongtaek–Siheung Expressway are also nearby.
The complex also stands out for its features. The buildings are arranged primarily to face south, and the floor plans are mainly slab-style. Each household will have its own storage unit, and the complex will offer 508 parking spaces, or about 1.5 per household.
A sales representative said, "From the first weekend after opening, more visitors than expected came to the model home, and consultations were brisk, with people asking about sale prices and application conditions." The representative added, "The price competitiveness resulting from the price cap system, contract terms that reduce the initial financial burden, and the future value of the Siheung Geomo and Ansan Singil 2 districts are receiving positive responses."
Applications will proceed in order, beginning with special supply on the 9th, followed by first-priority applications on the 10th and second-priority applications on the 11th. The successful applicants will be announced on the 17th, and contracts will be signed from the 28th through the 30th.

[email protected] Choi A-young Reporter