In Seoul's Gangdong District and Gwachon, Gyeonggi Province, unsold subscription units are coming up that, if won, are expected to yield price gains of up to more than 1 billion won.
On the 8th, according to the Korea Real Estate Board (REB) subscription home portal, Gangdong Heritage Xi in Gil-dong, Gangdong District, Seoul, will resupply two units whose contracts were canceled due to illegal acts. Both Unit 704 in Building 102 and Unit 2804 in Building 102, Type B with an exclusive area of 59 square meters, will be offered through general supply. It will accept unsold subscription applications on the 13th and released the winners on the 16th.
Gangdong Heritage Xi is a large complex of 1,299 households rebuilt from the former Shindonga 1 and 2 apartments in Gil-dong. It is a new complex that began move-ins in Oct. 2024.
Of the units released this time as "scoop-up" inventory, Unit 704 in Building 102 is expected to be supplied at 733.44 million won, and Unit 2804 in Building 102 at 786.86 million won. The price includes option expense such as balcony expansion and four system air conditioners.
If selected in the Gangdong Heritage Xi unsold subscription, it appears possible to secure price gains of up to more than 1 billion won. According to the Ministry of Land, Infrastructure and Transport's actual transaction price disclosure system, the same area hit a record price of 1.7 billion won in January this year. Asking prices for listings on the market for the 59-square-meter Type B are set at 1.85 billion won.
In Gwachon, Gyeonggi Province, six "scoop-up" apartments are also expected to be released this month with anticipated price gains of more than 1 billion won.
According to the real estate industry, Daebang Construction will issue an unsold subscription notice around midmonth for six units at Gwacheon Dietr Prestige being built on Block 2 of the Gwacheon Knowledge Information Town. All units coming out this time as scoop-ups are contract cancellations due to illegal acts such as fraudulent subscriptions. They are divided into five general supply units and one special supply unit for elderly parent support. All six units are a single size with an exclusive area of 59 square meters.
Gwacheon Dietr Prestige is also a "lottery" subscription with expected price gains of more than 1 billion won. At the initial sale in Jul. 2024, the complex's presale prices ranged from 760 million to 870 million won. While the supply price will only be known when the notice is issued, it is highly likely to be set at the initial presale price. Compared with the 59-square-meter unit at nearby Raemian Sure, which transacted for 1.995 billion won on Feb. 13, winning would be expected to yield price gains of more than 1 billion won.
A same-size unit at Gwacheon Weberfield, the complex next to Raemian Sure, also saw a sale transaction at 2.15 billion won in February this year. Current market prices for 59-square-meter units at Raemian Sure range from 1.78 billion to 2.1 billion won, while the same size at Gwacheon Weberfield is priced between 2 billion and 2.4 billion won.
Gwacheon Dietr Prestige is a 740-household apartment complex being built at the S2BL public housing district of the Knowledge Information Town in Galhyeon-dong, Gwacheon, Gyeonggi Province. Completion is scheduled for Apr. 2027.