Dongbu Corporation announced on the 5th that the consortium acting as the lead underwriter has been selected as the preferred negotiation partner for the 'Gwanggyo A17 Block and Gyosan A1 Block private participation public housing project' commissioned by the Gyeonggi Housing & Urban Corporation (GH).
This project is a packaged project that groups the two blocks together, with a total of 1,323 dwellings and a construction cost of approximately 430.7 billion won.
In Gwanggyo A17 Block, 600 dwellings are planned to be established with a scale of 2 underground floors and 20 above-ground floors. Among these, 240 dwellings will be the first in the country to apply the 'equity accumulation type sale housing' model. The equity accumulation type housing allows the buyer to acquire only 10-25% of the initial sale price to reside and then partition the acquisition of the remaining equity over 20-30 years. This system is designed to reduce the initial burden on young people and newlyweds who do not own a home and to assist in asset formation.
In Hanam Gyosan A1 Block, 723 dwellings will rise with a scale of 2 underground floors and 25 above-ground floors. The two complexes have introduced advanced designs, soundproofing technologies, and eco-friendly smart housing technologies aimed at improving housing quality.
Including this project, Dongbu Corporation has proven its business capabilities by securing a total of five private participation public housing projects this year alone. Previously, it secured projects such as the ▲Geumam S-3BL·B-1BL integrated project ▲Pyeongtaek Goduk Abc-12·Abc-27·A-65BL integrated project ▲Uiwang Gunpo Ansan S1-1·S1-3BL project ▲Gwangmyeong Siheung A2-5·A1-1·B1-7BL projects. The cumulative contract amount in this field is approximately 850 billion won.