The reconstruction project for Mokdong New Town Phase 6 is ramping up its promotional efforts ahead of the construction company selection meeting. DL E&C unveiled the 'Acro Mokdong Regency,' highlighting its unique design featuring views of the Han River and Anyangcheon, as well as conditions such as the burden of construction cost increases and deferral of member contributions.
During a presentation at the showroom on June 16, Shim Jae-seok, head of DL E&C's urban maintenance project team, stated, "I believe this is the best location in terms of education, transportation, and living infrastructure," while emphasizing that the key factors influencing the future value of Mokdong Phase 6 are the Han River and Anyangcheon.
Traditionally recognized for its strong educational district, DL E&C is now promoting the value of the Han River view in Mokdong Phase 6. The company explained that this site is the only one among Mokdong's reconstruction projects that offers simultaneous views of both the Han River and Anyangcheon, with designs ensuring that all member households can enjoy views of the Han River.
According to DL E&C, the original plan allowed only 714 units to have Han River views, but through design modifications, this number has increased to 1,577. The proportion of units meeting the S-grade or higher river view standard is approximately 116%, and 23 units have been specifically designed as 'River View Signature Units.' The stable view towards Anyangcheon is also noted as a differentiating factor.
The showroom for Acro Mokdong Regency features a model of the complex, a VR experience area, and one-on-one consultation booths.
DL E&C also detailed the complex's design and community facilities. Of the total 2,173 units, 1,554 will feature specialized layouts, and the number of larger units has been increased by 226 compared to the original plan. Additionally, the company proposed three-sided panorama houses, view curation houses, duplex houses, and penthouses.
The exterior design involves the global architectural design group JERDE, structural design by the British engineering firm ARUP, and landscaping by MSP (Martha Schwartz Partners). Planned amenities include a drop-off zone, lobby lounge, sky lounge, and guesthouse. Community facilities will be centrally located and include an indoor swimming pool, family spa, and specialized educational spaces, totaling 48 programs.
Parking is planned at approximately 1.76 spaces per unit. The complex will also feature a 1.6-kilometer circular walking path and themed gardens to create a nature-friendly landscape.
Business conditions were also highlighted as key promotional points. DL E&C announced that it would absorb 50 billion won of construction cost increases due to inflation before construction begins and will support relocation costs at a loan-to-value (LTV) ratio of 100% for all units. This means that even for multi-homeowners, who face restrictions on relocation loans, approximately 60 million won in relocation costs will be available.
Additionally, the company proposed deferring member contributions for up to four years after moving in. Members can move in without paying contributions initially and can pay them in two installments after two and four years. DL E&C explained that this would reduce the financial burden on members and enhance flexibility in financial planning.
The company also noted that expanding the area for general sales and allocating profits from balcony extensions to the association could increase overall profits. Shim stated, "We secured an additional 1,426 pyeong for general sales, which is expected to generate an average of about 100 million won in additional profit per member household," adding that profits from balcony extensions would also be allocated to the association, securing approximately 11.6 billion won in additional benefits. In the event of unsold units, conditions for acquisition based on the initial general sale price were also proposed.
DL E&C emphasized that Mokdong Phase 6 is the fastest-moving project among Mokdong's reconstruction efforts. Shim remarked, "As members have waited a long time for this project, we will accelerate its progress and focus on creating a complex that enhances residential satisfaction."
The Mokdong Phase 6 reconstruction project is set to consist of 2 basement levels and a maximum of 49 above-ground floors, comprising 14 buildings and 2,173 units. Previously, DL E&C secured the status of preferred negotiation partner through a sole bid, and the construction company selection meeting is scheduled for June 27 at Yangjeong High School.
* This article has been translated by AI.
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