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Innovative Financial Benefits Reshaping the Real Estate Market

real estate

Entered 2024.05.05 17:28 Modified 2024.05.05 17:28 Ground A16

Lotte Gwangmyeong, Dongmoon Construction Pyeongtaek, etc.
Significantly alleviate the contractor’s financial burden

Recently, the number of complexes that offer financial benefits such as flat payment and no interest on down payment is increasing. As the subscription market slows due to continued high interest rates and rising selling prices, this is a measure to increase the initial contract rate by reducing the burden on consumers with varying financial benefits. By making good use of these benefits, it is expected that end users will be able to reduce the financial burden of buying a home.

According to the sales industry on the 5th, ‘Hillstate the Unjeong’ in Wadong-dong, Paju-si, Gyeonggi-do managed to ‘sell out’ (completely sold) by promoting financial benefits. At the time of the main subscription for this complex, 605 people participated in the recruitment of 685 households, resulting in a situation of subscription. However, after reducing the down payment from 10% to 5% of the sale price and providing interest support for intermediate payments, it was sold out. In the industry, the sell-out is believed to be a result of the relatively higher price attraction of the existing pre-sale complexes as pre-sale prices increased, and the financial burden on consumers was reduced due to financial benefits. Complexes that offer financial benefits are appearing one after another in the main areas of the metropolitan area. Lotte Engineering & Construction sells ‘Gwangmyeong Lotte Castle Signature’ (bird’s eye view), which is under construction at Gwangmyeong 5-dong, Gwangmyeong-si, Gyeonggi-do. Out of a total of 1,509 households, 533 households (unique area of ​​39 to 59 m2) will be supplied to the public. The first down payment is 10 million won (flat rate). The unique 39·49㎡ area also provides interest-free benefits for the entire intermediate payment. Starting with a special supply on the 7th, 1st and 2nd priority subscriptions will be accepted on the 8th and 9th.

‘Pyeongtaek Hwayang Dongmun The East’, built by Dongmoon Construction in the Hwayang district of Hyeondeok-myeon, Pyeongtaek-si, Gyeonggi-do, contains a total of 753 households (84 to 107 m2). There is interest-free benefit for the entire intermediate payment, and the first down payment is provided at a flat rate of 10 million won.

‘Wonju Prugio The Central’ in Won-dong, Wonju-si, Gangwon-do is looking for an owner with a 5% down payment and a fixed fee of 5 million won for the first time. This apartment complex consists of 1,502 units (1,273 units for sale overall), which is rare in downtown Wonju.

Reporter Kim So-hyun alpha@hankyung.com

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