A total of 548 public housing units with sizes ranging from 59 to 84 square meters will be offered in the Bucheon Daejang district, part of the third new town initiative. The project, which falls under a price cap system, will open its model home on the 13th, marking the start of sales.
On the 12th, Namkwang Construction announced that it has formed a consortium with the Korea Land and Housing Corporation (LH) to supply the 'Bucheon Daejang House Story Descent' in Block A-2 of the Bucheon Daejang public housing district.
The Bucheon Daejang House Story Descent will consist of eight buildings, rising from two underground floors to a maximum of 15 stories, totaling 548 units. The units will be available in small to medium sizes of 59, 74, and 84 square meters, all subject to the price cap.
Applications will begin with a special supply on the 23rd, followed by first priority applications on the 24th and second priority on the 25th. Winners will be announced on December 1, with contracts scheduled from January 25 to 29 next year.
The development is strategically located near the planned Daejang Hongdae Line station, which will connect Bucheon Daejang to Hongdae Station via a 20.1-kilometer route with 12 stations, significantly reducing travel time to around 20 minutes. The GTX-D line is also planned, which is expected to improve regional transportation conditions.
Nearby, corporate and research and development facilities are set to be established. The Bucheon Daejang First Urban High-Tech Industrial Complex will host SK Green Techno Campus and DN Solutions, among others, focusing on research and development and business operations.
SK Green Techno Campus will consolidate research and development functions of major affiliates, while DN Solutions is in the process of establishing an advanced technology research and development center. The Second Urban High-Tech Industrial Complex will see Korean Air develop an urban air mobility and aviation safety research and development facility. These developments are anticipated to create jobs and increase residential demand in the area, with plans for kindergartens and primary and secondary schools nearby.
Surrounding areas will feature waterfront walking paths and parks, with plans to connect various parts of the Bucheon Daejang district through village forests and green spaces, as well as a mixed-use space combining commercial, shopping, cultural, and park areas.
Community facilities for residents will include a guesthouse for family and friends, seasonal storage for camping and leisure items, and fitness centers, a small library, and study cafes. Childcare and educational facilities such as daycare centers and community care centers are also planned.
Namkwang Construction is currently working on the House Story brand town, which will extend from Bucheon to Incheon Gyeonggi, comprising a total of 5,280 units. In July, the main application for the Bucheon Yeokgok district newlywed hope town 'Yeokgok District House Story' attracted 5,608 applications for 570 units, resulting in an average competition ratio of 9.8 to 1, with the 55 square meter A type reaching a high of 15.2 to 1.
A sales representative stated, "The Bucheon Daejang House Story Descent offers the advantage of being close to Seoul, along with the future value of proximity to the Daejang Hongdae Line and corporate and R&D facilities."
* This article has been translated by AI.
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