DL E&C said on the 3rd that it opened the dwellings exhibition hall for "e-Pyeonhansesang Bundang First Village," which will be built at 215-2 Dongwon-dong, Bundang-gu, Seongnam, Gyeonggi (Seongnam Nakseng A-1BL), and is starting sales.
e-Pyeonhansesang Bundang First Village will be supplied to (prospective) newlyweds and single-parent households who meet the requirements for the Newlywed Hope Town. The complex is a large-scale development with 15 buildings ranging from four basement levels to 25 stories above ground, totaling 1,400 households. Of these, 933 households will be provided through this public sale, excluding 467 long-term rental households overseen by Korea Land & Housing Corporation (LH).
The complex consists of small and medium units with exclusive areas of 60㎡ or less. For public sale, the detailed dwelling types are ▲51㎡ A type, 274 households ▲55㎡ A type, 348 households ▲55㎡ B type, 134 households ▲59㎡ A type, 167 households ▲59㎡ T type (terrace type), 10 households, reflecting diverse housing needs.
Applications for main subscriptions (new applicants) will be accepted for two days from the 20th to the 21st, and winners will be announced on the 31st. Document submission will run from Aug. 7 to 17. The formal contracts are scheduled to be carried out for 10 days from Nov. 4 to 13.
As a public-sale dwelling subject to the price ceiling system, eligibility to apply includes ▲newlyweds who are members of a homeless household aged 19 or older residing in the Seoul metropolitan area and are within seven years of marriage or have children aged 6 or younger ▲prospective newlyweds who can prove marriage within one year ▲single-parent families with children aged 6 or younger.
However, applicants must meet detailed requirements such as residence area and income and total assets, prior special-supply winning history, and subscription savings enrollment. In the event of competition, priority is given to those who have lived in the area for two years or more. The complex is subject to a 10-year re-winning restriction, a 3-year resale restriction, and a 5-year mandatory occupancy period. Through the Newlywed Hope Town-exclusive revenue-sharing mortgage, the loan-to-value (LTV) ratio for mortgage loan can be recognized up to 70%, reducing the initial funding burden.