It is known that the average sale price per 3.3㎡ of’Hillstate Godeok Gangil’ (809 households) sold by Hyundai E&C in the Godeok Gangil District, Gangdong-gu, Seoul, is 22.3 million won. Although it was set at a price higher than 20 million won per 3.3 square meter, which is the estimated price of the market, compared to nearby complexes, it is still able to obtain a market margin of 200 to 300 million won.
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According to the real estate industry on the 17th, the consortium of Gangdong-gu and Hyundai E&C and Gyeryong Construction set the pre-sale price of’Hillstate Godeok Gangil’ in 5 blocks of Godeok Gangil District 2 at 22.3 million won per 3.3㎡. This complex is the first private apartment in the Godeokgangil District. It consists of 567 units with a dedicated area of 84㎡ and 242 units with a dedicated 101㎡ area. 50% of those exceeding 85m2 for exclusive use are selected by lottery, and subscriptions can be made even with low additional points, attracting the attention of end-users.
The general pre-sale price of 84㎡ for small and medium-sized houses is about 780 million won. The general pre-sale price of 102m2 for large-sized residential units was decided at 892 million won. The total pre-sale price does not exceed 900 million won, so you can get an intermediate payment loan.
It is expected to be sold at a price lower than the price of apartments in nearby complexes, resulting in a market price difference of several hundred million won. The 102m2 for’Misa Riverside River View Xi’ in Hanam, Gyeonggi-do, was traded at 1.36 billion won in October. With simple calculations, a market margin of KRW 400-500 million is expected.
Considering that 84㎡ for exclusive use of the nearby’Misagangbyeon Star Hills Apartment’ was traded at 970 million won last month, the market profit that can be obtained by pre-sale of 84㎡ for exclusive use amounts to 200 million won.
The pre-sale of the Godeok Gangil District is largely divided into public pre-sale, which supplies houses under 85m2 for exclusive use in public housing with the support of public enterprises such as Seoul Housing and Urban Corporation (SH Corporation), and private pre-sale, which is provided by construction companies after winning bids. There are a total of three private sale complexes, including Jeil Construction in District 1, 1 block, Hyundai Construction in District 2, 5 blocks, and Daelim Industrial in District 3, 10 blocks. In the first half of next year, Jeil Construction plans to sell 793 units and Daelim Industrial will sell 593 units.
Real estate experts predicted that when the subscription for’Hillstate Godeok Kangil’ begins, it will record a record-breaking competition rate. In particular, for the exclusive 102㎡, regardless of the subscription price, 50% of the selection is selected by lottery, so even if the additional point is low, you can subscribe. Jang Jae-hyun, head of Real Today, said, “This is the first private sale complex to be sold in Godeok Gangil, and the interest of prospective subscribers is high. The speeding up of the subway line 5 and 9 extension development project will also be a good thing.”
Reporter Bae Jeong-cheol [email protected]
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