News
DL E&C is planning to sell ‘e-Pyeonansesang Well County’ in Geomdan district in September.
DATE 2023.08.25
VIEW 329
DL E&C is planning to sell ‘e-Pyeonansesang Well County’ in Geomdan district in September.
e-Pyeonhansesang Geomdan Well County Complex Perspective Diagram
- You can enjoy the completed infrastructure of Geomdan New Town Phase 1 adjacent to the central commercial district.
- Located near the station area of Incheon Line 1, Geomdan Extension Line (planned), and expected to improve accessibility to Seoul
- Applying differentiated design, focusing on 4-bay flat-type apartment and premium landscaping space
- A total of 1,458 households with exclusive use of 59~104m2, expecting for the supply of the branded large apartment complex
Incheon Housing and City Development Corporation (‘IHCDC’) and DL E&C consortium plan to sell e-Pyeonansesang Well County in Geomdan district in September. This apartment complex, located in Block AA10-1, Geomdan New Town, Seo-gu, Incheon, will be developed as a large complex of 1,458 households in total, consisting of 14 buildings (including 3 terraces) with 2 basement floors and 25 above-ground floors, and exclusive use of 59~104m2. The number of households by exclusive use is 271 households of 59m2 A, 312 households of 59m2 B, 393 households of 84m2 A, 50 households of 84m2 B, 124 households of 84m2 C, 14households of 84m2 T, 2 households of 84m2 PH, 196 households of 104m2 A and 96 households of 104m2 B, consisting of a variety of housing types that expand choice for customers.
e-Pyeonansesang Well County in Geomdan a private participation public housing project jointly implemented by IHCDC and DL E&C consortium (DL E&C and 5 other companies). These are public apartments built on public housing site, and will be supplied at a reasonable sale price compared to the market price due to the application of a sale price cap system. In addition, it is highly anticipated by the actual housing demanders because of the excellent workmanship of DL E&C, a private construction company.
The apartment complex consists of public housing units of 85m2 or less (59m2 to 84m2) and private housing units of over 84m2 (104m2). The special supply of national housing accounts for 70% of the total, which is favorable to young demanders of newlyweds and actual demanders of first-time homebuyers. For the general supply of national housing, members of households without housing over the age of 19 are eligible for 1st priority if 12 months have elapsed since signing up for a housing subscription account and 12 or more payments have been made. For the general supply of private housing, not only those without housing but also those with housing can apply for the 1st priority if the 12-month housing subscription period has passed and the deposit amount is met by area and region.
■Geomdan New Town is close to the largest commercial district – rich infrastructure, including education, convenience and parks
Geomdan New Town, where e-Pyeonansesang Well County will be located, is a self-sufficient complex town that combines educational, administrative and business functions, and is being developed in three phases. According to Incheon City, all phases are scheduled to be completed in December of this year, and once development is completed, it is planned to accommodate a total of 76,695 households and 187,076 people. Among them, a residential town with a total of 33,320 households is being built in the first phase of Geomdan, and various infrastructure, including education, shopping, culture and medical care, are already in place, so e-Pyeonhansesang Well County in Geomdan can conveniently enjoy the completed infrastructure as soon as you move in.
There is the largest central commercial district on the west side of the complex in Geomdan New Town, so you can walk to restaurants, hospitals and banks. Large hypermarkets and cultural facilities, including Gimpo Pungmu branch of Homeplus, Traders Wholesale Club, and Gimpo branch of CGV, are located within a 2-km radius.
There are also Ieum Elementary School and an annexed kindergarten within 300m from the apartment complex, allowing young children to safely go to school. Ieum Middle School and Geomdan 2 High School (planned) are also within walking distance. Gyeyang Stream flows throughout the apartment complex, and parks, such as Breeze Park, Malgeunmulbit Park and Pulmugol Park, are also nearby, providing a pleasant residential environment.
The apartment complex can also benefit from the ‘Next Complex’ development project in the Specialized Zone 3, one of the special planning district in Geomdan New Town. According to Incheon Housing and City Development Corporation, this project, which will be developed in the 101 station area, will be created as a cultural complex where a multiplex, cultural center, large bookstore, convention center, kids center and sports theme park will be located. When it is completed in 2027 as planned, a variety of living infrastructure will be accessible on foot.
There is also ample demand in nearby area. According to data from Korea Industrial Complex Corporation, a total of 7 industrial complexes are located in Seo-gu, Incheon, including Juan National Industrial Complex and Geomdan General Industrial Complex. A total of 3,280 companies employs 34,267 people as of the first quarter of this year. In addition, Incheon legal town, including Northern branch of Incheon District Court, and Northern branch of Incheon District Prosecutor’s Office, are scheduled to be built in the 101 Station Area, so the demand for apartment complex is expected to be more abundant.
■Benefit from transportation infrastructure, including Geomdan Extension of Incheon Line 1 and Wondang-Taeri Expressway, is anticipated.
e-Pyeonansesang Well County in Geomdan is an apartment complex located in the new station 101 area of Geomdan Extension of Incheon Subway Line 1 (tentative name, planned). According to Incheon City, this line will connect Gyeyang Station to Geomdan New Town, and is scheduled to open in 2025. When it opens, it will be possible to reach Gimpo Airport Station and Seoul Station from a transfer station Gyeyang Station (Airport Railway and Incheon Subway Line 1) within 10 minutes, and 30 minutes, respectively, greatly improving accessibility to Seoul.
A road transportation network is also planned. According to Incheon City, as part of measures for improving Geomdan New Town’s wide-area transportation, ‘Wondang-Taeri Expressway’ is underway, targeting to complete in July 2024. Once the expressway will be completed and connect Dream-ro to national highway 39, it is expected to significantly shorten the time to enter and exit Gochon IC (toward Seoul Olympic Highway) from Geomdan New Town, making it possible to travel to Yeouido in 30 minutes.
Besides, intercity buses heading for Gangnam and Seoul Station are running in front of the apartment complex. Pungmu Station on the Gimpo Gold Line, located about 2km away from the apartment complex is used to travel to Gimpo Airport Station in 10 minutes where you can transfer to Subway Line 5 and 9, Airport Railway and Seahae Line.
■The highest level of marketability; supplying a large number of small-sized apartment which is high in scarcity in Seo-gu, Incheon.
DL E&C is a leading Korean construction company having a solid financial structure with the highest credit rating (AA-) in the industry, and ranked second in the industry for high quality and service satisfaction in the 2023 NCSI (National Customer Satisfaction Index) survey.
‘e-Pyeonansesang’, DL E&C’s housing brand, has won a total of 11 times of the Most Trusted Brand Award chosen by customers, the National Brand Award for 6 consecutive years, and a total of 8 times of the Korean Brand Award of the Year, meaning that it has been recognized for its value.
e-Pyeonansesang Well County in Geomdan applies a variety of top-notch products in line with these brand value. First of all, all furniture is arranged in a south-facing direction to enjoy natural light, and the distance between buildings is secured as much as possible, and landscaping space is greatly increased on the ground space to minimize a breach of privacy and maximize a comfortable living environment.
The 4-bay flat structure (excluding 59B and 104B) is applied and ample storage space is secured, including a kitchen pantry and hallway pantry for each size, along with the entrance pantry.
The 4-bay flat structure (excluding 59B and 104B) is applied and ample storage space is secured, including a kitchen pantry and hallway pantry for each size, along with the entrance pantry.
It is also noteworthy that a large number of small-sized apartment, which is high in scarcity, is supplied. According to data from Real Estate R 114, small-sized apartment with exclusive use area of 60m2 or less have accounted for only 8.91% of the total number of apartments located in Seo-gu, Incheon. This figure is only half of the proportion of small apartments in Incheon (19.86%), while e-Pyeonansesang Well County in Geomdan with exclusive use area of 60m2 or less is about 583 households, which is very high in scarcity.
‘dePoem’, a premium landscaping brand of e-Pyeonansesang, is applied within the apartment complex. A ‘dePoem’ park, dePoem’s representative space, will be built in the center of the apartment complex, along with a green café, lawn yard and waterscape facilities. In particular, a sense of openness was maximized with a spacious area of about 16,000m2. Also, 4 gardens with various concepts, including a glamping garden, art garden and Misty Foret equipped with a mist-spraying system, will be created to reduce dust, so residents can enjoy a pleasant leisure life in a nature-friendly space.
Furthermore, large-scale community facilities will be created to satisfy various lifestyles of residents, including indoor golf driving range, screen golf room, family exercise room, fitness center, dry sauna, kids’ gym, kids’ lounge (all-together care center), private office, study room, lounge café (small library), detached guesthouse, party room, daycare center, and senior lounge.
A presale representative said, “e-Pyeonansesang Well County in Geomdan is located in the 1st phase of Geomdan New Town, where infrastructure has already been built, so you can enjoy excellent living infrastructure and educational environment, as well as expect high future value benefiting from various development projects planned in the surrounding area. We are planned to present high-quality products in line with e-Pyeonansesang brand value, and expect high interest from demanders accordingly.”
The housing exhibition hall of e-Pyeonsansesang Well County in Geomdan is scheduled to be located around 93-4, Cheongna-dong, Seo-gu, Incheon.
