Table of Contents
- Introduction to Eco Delta City Jungheung S-Class Edu River
- Information on Eco Delta City Jungheung S-Class Edu River Complex
- Location, Transportation, and Living Infrastructure of Eco Delta City Jungheung S-Class Edu River
- Interim Payments, Sale Prices, Extension Fees, and Deposit for Eco Delta City Jungheung S-Class Edu River
- Conclusion of Eco Delta City Jungheung S-Class Edu River
Introduction to Eco Delta City Jungheung S-Class Edu River
The Jungheung S-Class Edu River, located in Eco Delta City 4BL, Gangseo-gu, Busan, is a recently supplied private apartment complex that is drawing attention for its excellent educational infrastructure and pleasant living environment.
In particular, the application of the price ceiling system is expected to allow housing purchases at more reasonable prices, which will be hopeful news for many.
Information on Eco Delta City Jungheung S-Class Edu River Complex
Located in Eco Delta City 4BL, Gangdong-dong, Gangseo-gu, Busan.
The site area is large, measuring 52,107.00 m2.
This project consists of 12 buildings, from the 2nd basement to the 18th floor.
The unit composition is divided into a total of 728 units. The number of units by type is as follows.
The exclusive area of 84.9647 m²A (84A) has 138 units, while the exclusive 84.9562 m²B (84B) contains 154 units.
The exclusive 84.9861 m²C (84C) type consists of the largest number, 228 units.
Additionally, the exclusive 112.9582 m²A (112A) type has 177 units, and finally, the exclusive 112.9462 m²B (112B) type has 31 units.
This variety in the number of units provides various residential forms.
There is a total of 1,032 parking spaces, with 1,028 for the residential complex and 4 for neighborhood living facilities, providing about 1.41 parking spaces per unit.
This project is being implemented by Jungheung S-Class Co., Ltd., and its construction is undertaken by Jungheung Togeon Co., Ltd.
'Eco Delta City Jungheung S-Class Edu River' offers a wide range of options for consumers with various sizes and types. Additionally, as an education-focused complex, it is expected to be equipped with facilities and environments befitting its name, 'Edu River.'
Location, Transportation, and Living Infrastructure of Eco Delta City Jungheung S-Class Edu River
The Jungheung S-Class Edu River is located in Busan Eco Delta City, providing the opportunity to utilize the various infrastructures available here.
Eco Delta City has been designated as a national pilot city for smart cities, preparing to develop a future-oriented residential area integrated with advanced technology.
Additionally, there is a planned elementary school site nearby (tentatively named Eco 2 Elementary, temporarily operated under the name Eco 1 Elementary until its establishment), highlighting its potential as a school district within walking distance. Given that the name includes 'Edu River', expectations for the educational environment are heightened.
Due to surrounding road networks, access to both downtown Busan and its outskirts is expected to be good. Furthermore, as the development of Eco Delta City progresses, transportation conditions are anticipated to improve further.
With the development of the new city, plans are in place to gradually increase convenience facilities for residents. Additionally, the residential complex area is abundant in water spaces and greenery, allowing for a pleasant natural environment.
However, it is essential to note that there may be a lack of living infrastructure in the initial stages, and expanding public transportation networks may require time.
Interim Payments, Sale Prices, Extension Fees, and Deposit for Eco Delta City Jungheung S-Class Edu River
The sale prices by type can be summarized as follows.
The price for type 084.9647A (84A) is 544 million won, while type 084.9562B (84B) is priced at 535 million won. Next, the price for type 084.9861C (84C) is set at 549 million won.
Moreover, type 112.9582A (112A) is priced at 768 million won, and type 112.9462B (112B) is set at 760 million won.
These price ranges are differentiated based on the characteristics and locations of each type.
The deposit is set at 10% in total, with a partial amount payable at the first contract and the remaining due as the second deposit within 30 days of signing the contract.
Interim payments are divided into 60% and paid in 6 installments of 10% each, with interim payment loans to be processed with interest paid later. The developer will pay interest on behalf of the buyer until the move-in date, with the buyer responsible for one lump sum payment of the interest upon move-in.
Finally, the final payment is 30%, to be paid in full on the expected move-in date.
The balcony extension costs vary by type. For example, type 84A is 6.7 million won, type 84B is 10.1 million won, type 84C is 7.5 million won, type 112A is 8.1 million won, and type 112B is priced at 11 million won. Selections should be made considering the characteristics of each type.
Conclusion of Eco Delta City Jungheung S-Class Edu River
Located in Busan Eco Delta City, the Jungheung S-Class Edu River has significant potential for development as it is a national pilot city for smart cities. Notably, the nearby planned elementary school makes for an attractive educational environment.
Although the application of the price ceiling system means that the prices are relatively reasonable compared to the surrounding market, considerations must be made for the potential lack of infrastructure in the early stages of new city development and the implications of future loan interest rate fluctuations.
The interest payment system for interim payments alleviates initial financial burdens, but a lump-sum payment of interest is required upon move-in, thus thorough financial planning is essential. Understanding and preparing for these aspects is crucial.
The resale restriction is set for 1 year, and the re-selection restriction is set for 10 years, necessitating caution for potential investors.
For those looking to reside, the pleasant living environment and excellent educational conditions may be appealing, but from an investment perspective, a long-term view and careful consideration are needed.
Eco Delta City Jungheung S-Class Edu River Sale Price
The sale prices for each type are as follows. Type 84A is set at 544.4 million won, type 84B at 535 million won, and type 84C at 549 million won. Additionally, type 112A is priced at 768 million won, and type 112B at 760 million won.
Eco Delta City Jungheung S-Class Edu River Balcony Extension Fee, Additional Options
The costs for balcony extensions range from a minimum of 6.7 million won (84A) to a maximum of 11 million won (112B).
Additionally, the cost for a system air conditioner (LG high-end, for 6 rooms) is up to 10.7 million won (112A/B), and a ceiling air purification system (Syscline, 5EA) is available for 5.5 million won as part of various paid options.
Eco Delta City Jungheung S-Class Edu River Floor Plan
A variety of residential spaces have been designed. Type 84 can be selected as either an alpha room or a storage extension type, while type 112 is expected to provide spacious utilization. It will be the best option among similar layouts in Busan.
Eco Delta City Jungheung S-Class Edu River Site Plan
The 12 buildings are arranged towards the south, indicating good sunlight and ventilation. Distances and views between the buildings should be checked through the actual site plan.
Eco Delta City Jungheung S-Class Edu River Landscaping, Community
The complex will design essential facilities such as a daycare center and a community care center, along with plans to include various community facilities like a small library, fitness center, golf practice range, and multipurpose gym. These facilities will contribute to enhancing the quality of life for residents.
Eco Delta City Jungheung S-Class Edu River Subscription Schedule
The public announcement for new residents will be made on May 2, 2025. Special supply will be on May 12, 1st priority on May 13, and 2nd priority on May 14.
The announcement of successful applicants will be made on May 20, with contracts to be signed between June 2 and June 4. The final expected move-in date is set for June 2028.
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