Dongtan Geumgang 6th Central Park: Prices, Plans & Loans – Nov 2023

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Today, we will look at the information on non-ranked subscription (post-application) for Dongtan Geumgang Penterium 6th Central Park (A59). Dongtan Geumgang Penterium 6th Central Park (A59) is located in Dongtan 2 residential land development district (A-59 block), Shin-dong, Hwaseong-si, Gyeonggi-do. Dongtan Geumgang Penterium 6th Central Park (A59) has a maximum of 20 floors, 14 buildings, and a total of 1,103 households. The 7th and 4th generations in the last Jupjub, and the 1st generation in this Jopjup. Through unranked subscription (post-application) We supply.

Dongtan Geumgang Penterium 6th Central Park (A59) is located in Dongtan New Residential Culture Town. First of all, it’s a bit disappointing, right? It is far from Dongtan Station. Instead, Dongtan Geumgang Penterium 6th Central Park covers everything from kindergarten to high school.

In addition, it is also a complex that receives good news from the Samsung Electronics semiconductor cluster in Namsa-eup, Yongin-si. This good news saved the new residential culture town, which had poor sales performance. Find out more about the progress below.

Dongtan 2 New Town takes off thanks to Samsung semiconductor investment, the largest since Dangun – Korea Daily (ikld.kr)

Recruitment notice

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Subscription qualifications

– Members of households without a home residing in Gyeonggi-do

– You can apply regardless of whether you have subscribed to a subscription account or not.

Subscription schedule

– First recruitment notice: April 7, 2023

– Subscription application: November 12th
– Winner announcement: November 17th
– Contract date: November 24th

– Expected move-in date: February 2026

How to apply

Subscription Home

Supply scale and sale price

* Remaining supply of 1 household out of a total of 1,103 households

* Down payment 20%

– Type 84A (1st generation, Room 302, Building 4012): KRW 464 million (3rd floor)

* Reference (September 2023, illegal re-supply): 4th generation remaining supply

– Type 84A (1st generation, Room 503, Building 4013): KRW 476 million

– Type 84B (2nd generation, Building 4016, Room 704, Building 4024, Room 201): KRW 482 million

– Type 100B (1st generation, Building 4020, Room 1003): KRW 556 million

* Note (May 2023, unranked subscription): Remaining supply for 7th generation

– Type 84A (4th generation out of 347): KRW 467 million

– Type 84B (3rd generation out of 371): KRW 464 million

Complex layout and floor plan

Location environment

Burinam Analysis

1. Comparison complex asking price vs sale price
– Greenhill Peninsula Yubora Ivy Park 10 84㎡ Asking price: KRW 480 million (1/20th floor)

– Dongtan Geumgang Penterium 6th Central Park (A59) 84㎡ Sales price: KRW 464 million (3rd floor)
– Green Hill Peninsula Yubora Ivy Park 10 (completed in July 2018, 1,241 households) was selected as a comparison complex. Since there are no complexes nearby that can be compared, a distant new complex is used as a standard. It is far from Dongtan Station and has an elementary school. The comparative value considering the 6-year age difference and the difference in the number of households is 509 million won, and the safety margin is 45 million won.

2. Regulations: Non-regulated areas, sale price cap applied
3. Resale restriction (based on winner announcement date): 3 years

4. Restriction on winning again (as of winner announcement date): None
5. Residence obligation (based on time of move-in): 5 years

6. Advance payment loan: None

7. Initial competition rate

8. Final thoughts

Dongtan Geumgang Penterium 6th Central Park has a margin of safety. It was the cheapest sale price in the new residential culture town. So, a 5-year residency requirement was also added. However, with this post-submission application, the 10-year limit on re-winning has been removed.

In terms of planning(?), it is close to elementary, middle, and high schools, making it suitable for long-term residence. There is still only high school. In particular, elementary school students Before Dongtan 23 Elementary School opens, you must use the shuttle bus.

One thing that was a concern even at the time of sale was the logistics center. The noise and exhaust fumes caused by the passage of large transportation vehicles are contrary to the image of a new residential culture town that emphasizes the natural environment. Traffic congestion is also a problem.

Geumgang Penterium 6th Central Park requires a 20% down payment. On the other hand, unlike other unranked subscriptions, group loans can be obtained because construction is scheduled for completion in February 2026. You can get relatively more loans. These days, the timing of construction completion has also become important, and since it is the beginning of the year rather than the end of the year, there seems to be no need to worry about interest rates or limits when getting a loan.

Let’s take a look at the semiconductor cluster news mentioned at the beginning. SK Hynix will begin construction of its first fab on February 24, 2025, and is scheduled to be completed in May 2027. On the other hand, Samsung plans to start construction in 2026 and complete six fabs by 2031. Since this is happening on a global scale, even the power grid is a concern.

Yongin City’s ‘world-class semiconductor mega cluster’ nearing completion

Yongin City, ‘SK Semiconductor Cluster’ power grid red light… Consumes 32 times more electricity than Seoul < Economy < Southern Gyeonggi < Nationwide < Text of article - International News

In addition, transportation benefits that were not mentioned at the time of initial subscription are mentioned. It is a so-called semiconductor wire.

In March 2024, it will be included in the 2026-2035 Gyeonggi Province Railroad Basic Plan, and local governments are working to include it in the 5th National Railroad Network Construction Plan. It is expected that the finalized 5th national railway network construction plan will be confirmed by the end of this year. Above, the man who reviewed real estate was a wealthy man.

Kim Dong-yeon “Expansion of ‘railway benefit area’ in the north, establishment of ‘semiconductor line’ in the south” – National Maeil Newspaper – Lively news from around the country ‘at a glance’

Year-end railway network sketch released – Daehan Economic Daily

Sales website

Not anymore~

Group chat room and channel information

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caution

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