Ahn Yu-jin of the group IVE was reportedly selected in the lottery for general sale subscriptions for the large-scale reconstruction complex THE H Bangbae in Bangbae-dong, Seocho-gu, Seoul.
According to a Maeil Business Newspaper report on the 10th, Ahn Yu-jin won a lottery-allocation unit in the general sale for THE H Bangbae in Bangbae-dong, Seocho-gu, Seoul, which is set for move-in in September.
THE H Bangbae is an APT. complex rebuilt from Bangbae District 5. When it went on general sale in Aug. last year, interest from buyers concentrated because the price ceiling system applied and there was no mandatory owner-occupancy requirement.
Among the general sale units, about 215 units were reportedly supplied by lottery. In overheated speculation zones such as the three Gangnam districts and Yongsan-gu, a certain percentage of units are allocated by lottery depending on the exclusive floor area.
In the sales industry, the view is that Ahn Yu-jin won one of these lottery-allocation units. However, it has not been specifically confirmed whether Ahn will actually move in or which housing type the selection was for.
At the time of sale, the prices were up to 1.7025 billion won for 59㎡ exclusive, 2.243 billion won for 84㎡ exclusive, 2.5 billion won for 101㎡ exclusive, and 2.762 billion won for 114㎡ exclusive.
According to the actual transaction price disclosure system of the Ministry of Land, Infrastructure and Transport, an 84㎡ exclusive unit in this complex transacted for 3.69295 billion won in Apr. Asking prices in the current market are said to be around 4 billion won.
If it is correct that Ahn Yu-jin won a general sale 84㎡ exclusive unit, some analyses say that a simple comparison of the sale price and the recent transaction price suggests an expected capital gain of about 1.8 billion won.