Lotte Construction's 'Changgyeonggung Lotte Castle Signature,' which is being sold through the redevelopment of the Samseon 5 district in Seongbuk-gu, Seoul, recorded a competition ratio of 135.51 to 1 in the non-selective application.

Changgyeonggung Lotte Castle Signature Perspective. /Courtesy of Lotte Engineering
Changgyeonggung Lotte Castle Signature Perspective. /Courtesy of Lotte Engineering

According to the Korea Real Estate Board's 'Cheongyak Home' on the 4th, Changgyeonggung Lotte Castle Signature had 6,098 applications for 45 households with a dedicated area of 84㎡ from the non-selective application process held on the 3rd.

In the real estate industry, it was noted that the complex has gained attention as a large-scale brand complex in the Seoul metropolitan area with excellent proximity to the central business district. With the reform of the non-selective application system expected this month, it was assessed as practically the last opportunity for current homeowners to participate in non-selective applications in Seoul.

Changgyeonggung Lotte Castle Signature will be developed into a large complex consisting of 1,223 households across 19 buildings, with 4 basement floors and 18 stories above ground, located at 296 Samseon-dong 2-ga, Seongbuk-gu, Seoul. Move-in is scheduled for April 2027.

Within walking distance, there are Hangsung University Entrance Station on Line 4 and the transfer station at Bomun Station on Lines 6 and Uijinseol, providing excellent transportation convenience with a triple station access.

In addition, Changgyeong Palace, Jongmyo Shrine, Changdeok Palace, Seongbukcheon Fountain Square, Samseon Park, and Marronnier Park are located nearby, and there are many green spaces such as Naksan Park and Hanyang Doseong-gil adjacent to the complex, allowing for a pleasant living environment even in the city.

In addition to nearby Samseon Elementary School, Hansung Women's Middle School, Hansung Women's High School, and Kyungdong High School, numerous elementary, middle, and high schools are located within a radius of 1 km, providing an excellent educational environment.

The winners of the non-selective application will be announced on the 6th, and contracts will be conducted on the 8th.