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Sit down and make 300 million won… A neighborhood where 250,000 people flock to Lotto Apartment JupJup

Sit down and make 300 million won… A neighborhood where 250,000 people flock to Lotto Apartment JupJup
Sit down and make 300 million won… A neighborhood where 250,000 people flock to Lotto Apartment JupJup
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Unranked subscription for ‘Sejong Hanshin The Hue Reserve 2’ in Eojin-dong, Sejong City

Sale price 300 million won lower than market price, expected to make a large profit
There are no regulations such as resale restrictions in subscription complexes nationwide.

Panoramic view of ‘Sejong Hanshin The Hue Reserve 2’ in Eojin-dong, Sejong City Photo = Naver Road View

250,000 subscribers from all over the country flocked to the so-called ‘Jub-Jup (unranked subscription)’ program launched in Sejong City. This is because it is an apartment that can be leased or sold immediately, with a market profit of 300 million won possible at a pre-sale price of about 400 million won with an upper limit applied. Hundreds of thousands of people clicked because they could win hundreds of millions of won by just putting down a down payment.

According to the Korea Real Estate Agency’s subscription homepage on the 25th, ‘Sejong Hanshin The Hue Reserve 2’ in Eojin-dong, Sejong City held an unranked subscription the day before. 247,718 people applied for a single household of 84㎡A.

This complex was a place where ‘nationwide’ subscriptions were available. If you are over 19 years old and residing in Korea as of the recruitment announcement date, you can apply regardless of whether you have a subscription account or not. Sejong City is an unregulated area, so regulations such as restrictions on re-winning, restrictions on resale, and mandatory residency periods do not apply at all.

Large market gains are also expected. The selling price is 385 million won, plus the balcony expansion fee, for a total of 395.7 million won. According to the Ministry of Land, Infrastructure and Transport’s actual transaction price disclosure system, 84㎡ exclusively for this complex was sold for 700 million won on the 2nd of last month.

A local real estate agent explains that the property in question is priced at the level of a quick sale. Homeowners who have purchased and moved in will be exempted from capital gains tax from the 29th, and if it is not urgent, properties are available for sale for up to 900 million won. A market profit of at least 300 million won or more is expected.

An official from a certified real estate agent in Eojin-dong explained, “This unranked subscription is being watched not only by consumers in Sejong but also across the country,” and added, “Inquiries have been pouring in since the tenant recruitment notice was published.”

Since there is no actual residence obligation, it is possible to raise the balance by renting a house. After paying 77 million won, which is 20% of the deposit, the remaining balance of 80%, which is 308 million won, must be paid within 60 days from the date of signing the contract. The exclusive 84㎡ area was rented for 300 million won last January.

An official from Eojin-dong B certified real estate agent also said, “Unit 2010, Building 404, listed as Jupjub, is considered one of the buildings with a good view in the complex,” adding, “Whether or not a lease contract is concluded depends on the ‘view,’ but it is an advantageous place to rent out because it has a good view.” He explained.

The winner announcement date is the 29th. The contract is scheduled to be signed on the 8th of next month.

Jeong Sook-hee, CEO of Naegumsa, said, “Subscription is possible nationwide, and it is a non-regulated area, so there are no barriers such as restrictions on re-winning, restrictions on resale, or mandatory residency period,” and added, “The sale price cap system is also applied, so there is nothing left out. Not only end users but also investors flock to the site.” “It is,” he explained.

Lee Song-ryeol, Hankyung.com reporter [email protected]

Tags: Sit million won .. neighborhood people flock Lotto Apartment JupJup

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NEXT Korean news channel YTN (Channel 24)