It was found that pre-sale prices in the metropolitan area increased by 23% in one year. As a result, consumers are becoming more busy trying to secure landmarks before prices rise further.
According to the ‘Private Apartment Sales Price Trend’ by the Housing and Urban Guarantee Corporation (HUG), as of September this year, the selling price of private apartments in the metropolitan area was 8,448,000 won per 1㎡, a 23.7% increase from last year’s 6.83 million won. Converting this to an exclusive area of 84㎡ (based on 34 pyeong), the average pre-sale price is an increase of about 180 million won in one year, from about 767 million won last year to about 949 million won this year.
Accordingly, an increasing number of consumers are trying to secure market profits by occupying local landmarks first. If the sale price rises further in the future, the sale price may push up the sale price of nearby apartments, creating a higher premium.
For example, ‘Gwangmyeong Xi Hill State SKVIEW’ in Gwangmyeong, Gyeonggi-do, which became a hot topic with a pre-sale price of over 1.2 billion won for an exclusive 84㎡ unit, recently completed a 100% contract. It did not receive much attention when it was sold early this year, but when the selling price soared through the roof, it was sold out (completely).
An industry official said, “Complexes that were tagged with high sales prices in the early stages of sales are being converted to reasonable complexes as sales prices continue to rise. However, even for Gyeonggi-dong complexes, it is important to carefully consider location, future value, brand, size, marketability, etc. before signing a contract. “I will do it,” he said.
Meanwhile, ‘Yongin Prugio One Cluster Complex 1’, which is being sold in Yongin, Gyeonggi Province, is attracting attention.
Yongin Prugio One Cluster Complex 1 features the ‘Main Entrance & Welcome Garden’, ‘Blooming Island (Central Square)’ which forms a waterscape space with the theme of flowers in full bloom, a mirror pond for scenery, and flower petals where you can rest under the shade of the Yoshino cherry tree. There will be a ‘Water Lounge’ with benches, ‘Grass Garden’, a specialized low-soil section garden, and a differentiated ‘children’s playground’ called Play Cloud, Kitchen Garden, and Golden Valley. The fitness garden is also planned as a themed outdoor exercise space with a badminton court and track.
Resident community facilities include a movie theater exclusively for residents, a screen golf course, a large sauna, and a fitness club, and Prugio’s unique cultural complex Greenery Studio, Greenery Cafe, daycare center, and kids cafe will be built.
The complex design improves space utilization by introducing a four-bay structure, master bedroom dressing room, and alpha room for each type, and bathroom floor heating (excluding inside the shower booth) is also introduced. It was created as a safe apartment with no cars on the ground, and Prugio’s luxurious door pillar design and modern side wall design that emphasizes three-dimensionality will strengthen its symbolism.
Yongin Prugio One Cluster is planned to be built as a large complex with a total of 3,724 households, of which the first complex in Block A1 consists of 14 buildings, 4 underground floors and 28 above-ground floors, and a total of 1,681 households. The upper part of National Highway 45, which runs through the Eunhwasam district, is scheduled to be converted into a park, so residents can conveniently use the Prugio complex in one space connected without segmentation. Currently, Yongin Prugio One Cluster Complex 1 is being sold, and occupancy is scheduled for August 2027.
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