Table of Contents
- Introduction to Ssyangyong The Platinum Dongnae Asiad
- Information about Ssyangyong The Platinum Dongnae Asiad
- Location, Transportation, and Living Infrastructure of Ssyangyong The Platinum Dongnae Asiad
- Mid-Term Payment, Sale Price, Extension Costs, Deposit of Ssyangyong The Platinum Dongnae Asiad
- Analysis of Sale Price of 'Ssyangyong The Platinum Dongnae Asiad' Based on Nearby Market Prices
- Conclusion of Ssyangyong The Platinum Dongnae Asiad
- Frequently Asked Questions (FAQ)
Introduction to Ssyangyong The Platinum Dongnae Asiad
The apartment complex, Ssyangyong The Platinum Dongnae Asiad, newly developed in Oncheon-dong, Dongnae District, Busan, boasts excellent location conditions and has attracted significant interest due to its special financial benefit of full interest-free mid-term payments.
This complex is relatively small, consisting of 271 units, and is being created through the horizontal housing maintenance project of Oncheon 2nd Public Apartments, garnering attention for its active development amidst challenging circumstances in the redevelopment and reconstruction market. These factors present an attractive option for investors.
Recently, a modified project implementation plan for the horizontal housing maintenance project in the area of Oncheon 2nd Public Apartments was announced. Following that, the announcement for tenant recruitment was made immediately, starting the sale procedures.
Information about Ssyangyong The Platinum Dongnae Asiad
Ssyangyong The Platinum Dongnae Asiad, located at 1370-1, Oncheon-dong, Dongnae District, Busan, consists of three buildings with a structure ranging from basement 4 to 24 floors. The complex includes a total of 271 units, of which 137 units will be supplied to the general public.
Thanks to the nature of the horizontal housing maintenance project, the scale of the complex is not large, but the publicly offered units include 75 units with an exclusive area of 59㎡ and 62 units with an 84㎡ area, making it appealing to actual buyers who prefer mid-small sized layouts. In addition, according to the standards for multi-family housing, a total of 460 parking spaces have been prepared, providing a convenient parking environment.
This project is being implemented by the horizontal housing maintenance project association of Oncheon 2nd Public Apartments, and it is further trusted due to the construction being undertaken by Ssyangyong Construction Co., Ltd., which has a stable brand image.
This apartment complex, located in Oncheon-dong, Dongnae District, Busan, consists of a total of 271 units and has a structure ranging from basement 4 to 24 floors. It is divided into 3 buildings, with 137 units designated for general sale.
The unit types are diversified, including 19 units of 59A type, 48 units of 59B type, 7 units of 59C type, 1 unit of 59E type, and 11 units of 84A type, 34 units of 84B type, 17 units of 84C type. The parking space is sufficiently provided, with 465 spaces compared to the legal standard of 239, ensuring about 1.7 parking spaces per unit.
This project is led by the horizontal housing maintenance project association of Oncheon 2nd Public Apartments, with construction undertaken by Ssyangyong Construction Co., Ltd. The completion date is planned for August 2028. Furthermore, this area is non-regulated, meaning there are no restrictions on re-winning, and a 6-month resale restriction is set, so there are no residency obligations.
Location, Transportation, and Living Infrastructure of Ssyangyong The Platinum Dongnae Asiad
Ssyangyong The Platinum Dongnae Asiad is situated in Dongnae District, Busan, a region providing excellent living infrastructure as a traditional residential area.
The location of the complex is very convenient for public transportation, being close to Busan Subway Line 3's Sajik Station, transfer station Myeongnyun Station on Line 4, and Dongnae Station on Line 1. Moreover, it offers good accessibility to major roads such as Jungang-daero and Chungnyeol-daero, facilitating easy vehicle movement throughout Busan.
This excellent location provides a residential environment that enhances the convenience of daily life.
The complex is expected to be assigned to Geumgang Elementary School and is located near notable schools in Dongnae District, such as Dongnae Middle School, Yulak Middle School, and Sajik High School. Additionally, being adjacent to the Sajik-dong study academy area offers a very good educational environment.
The living infrastructure is also well-established, with large shopping facilities like Lotte Department Store Dongnae, Homeplus Asiad, and Mega Mart Dongnae nearby, making shopping convenient. Moreover, various facilities like Sajik Sports Complex and Busan Medical Center are also close by, enhancing the quality of life.
However, if new buildings are constructed around the complex, some units may be affected regarding views or sunlight exposure; hence, it is essential to visit the site directly before considering a subscription.
Mid-Term Payment, Sale Price, Extension Costs, Deposit of Ssyangyong The Platinum Dongnae Asiad
The sale price of Ssyangyong The Platinum Dongnae Asiad varies depending on the type and floor.
For example, the sale price for the 59㎡ type ranges from a minimum of 493 million won to a maximum of 680 million won, while the 84㎡ type ranges from 767 million won to 953 million won. Such prices are considered relatively high compared to nearby market prices, and should be carefully considered during financial planning. The deposit is 5% of the total sale price; 10 million won is to be paid initially at the time of contract, and the remaining amount should be paid within 30 days.
Types 59A range in price from 5.13 to 5.91, 59B from 4.93 to 5.91, and the high-floor only 59C stands at 5.91.
The rare type 59E is priced at 6.80.
Moreover, 84A ranges from 7.96 to 9.53, 84B from 7.76 to 9.30, and finally, 84C ranges from 7.67 to 8.65.
One of the standout features of Ssyangyong The Platinum Dongnae Asiad is the provision of interest-free benefits for 60% of the mid-term payments. The project developer will bear the interest incurred before the start of the designated residency period, which significantly reduces the initial financial burden for contractors.
The cost for balcony extensions is set at 8 million won for the 59㎡ type and 12 million won for the 84㎡ type, with various paid options like system air conditioning, built-in appliances, and upgraded finishes available.
Under Busan's childbirth encouragement policy known as the "Mom & Baby Busan Plan," 51 units for multi-child households and newlyweds winning special supplies can receive a 5% discount from the sale price on their remaining balance. These support policies contribute to enhancing housing stability.
Analysis of Sale Price of 'Ssyangyong The Platinum Dongnae Asiad' Based on Nearby Market Prices
Ssyangyong The Platinum Dongnae Asiad is priced relatively high compared to surrounding market prices, reflecting the difficulties in redevelopment and reconstruction projects.
The highest sale price for the 84㎡ type, including balcony extension costs, reaches about 965 million won, which is more than 280 million won higher than recent actual transactions of nearby 5-year-old apartments like 'e-Pyeonhansesang Dongnae Asiad', which were valued at 680 million won.
Moreover, when compared to the 8-year-old 'Sajik Lotte Castle The Classic', which has its prices formed at around 1 billion won, the pricing is considerably high even when considering the premium for new apartments.
This significant price gap with nearby apartments suggests the possibility of unsold units, reflecting the current complex aspects of the real estate market, where rising construction costs are being passed onto consumers.
Conclusion of Ssyangyong The Platinum Dongnae Asiad
Ssyangyong The Platinum Dongnae Asiad is positioned in an optimal location in Dongnae District. It provides excellent transportation convenience with triple station accessibility and is well-equipped with surrounding infrastructure. In particular, the full interest-free mid-term payment benefit will be very attractive to actual buyers considering housing purchases in an era of high interest rates.
Additionally, the relatively ample parking space and efficient community arrangements are also notable strengths of this complex. These factors are expected to enhance the quality of the residential environment.
This complex, which is progressing as a horizontal housing maintenance project, is characterized by being a relatively small complex with a total of 271 units. Furthermore, as previously mentioned, the sale price is somewhat high compared to surrounding market prices, which is an element that investors should consider carefully.
These characteristics exemplify the difficulties that redevelopment and reconstruction projects are facing in the current situation of rapidly increasing construction costs and an opaque real estate market.
Therefore, if approached for investment purposes, it is necessary to analyze the potential fluctuations in future market prices closely. Nevertheless, this complex, with its verified location and strong financial benefits, is expected to receive significant interest from actual buyers in the area.
Ssyangyong The Platinum Dongnae Asiad Sale Price
The sale price for the 59㎡ apartments is set between a minimum of 493 million won and a maximum of 680 million won, while the 84㎡ models have been announced at between 767 million won and 953 million won. The highest priced unit is the 84A type, located on the 16th floor and above, priced at 953 million won.
The detailed sale prices for each type are as follows.
59A is priced between 513 million won and 591 million won, 59B between 493 million won and 591 million won, and 59C stands at 591 million won (high floor only). Lastly, 59E is a rare unit priced at 680 million won.
84A is priced between 796 million won and 953 million won, 84B between 776 million won and 930 million won, and finally 84C is priced between 767 million won and 865 million won.
Balcony Extension Cost and Additional Options for Ssyangyong The Platinum Dongnae Asiad
The cost for balcony extensions is 8 million won for the 59㎡ model and 12 million won for the 84㎡ model. The system air conditioning can be installed for a maximum of 7.15 million won for the 59㎡ type and 8.25 million won for the 84㎡ type.
In addition, various paid options are available. The built-in refrigerator and kimchi refrigerator are priced between approximately 6.49 million won and 6.93 million won each, and the kitchen upgrade options range from 3.85 million won to 12.87 million won, while the living room style upgrade costs between 2.75 million won and 3.96 million won.
| Option | Amount (Won, VAT included) | Remarks |
| System Air Conditioning Option 2 (59㎡, Living Room + 3 Bedrooms) | 7,150,000 | 4 indoor units / 1 outdoor unit |
| Built-in Refrigerator & Kimchi Refrigerator Package (59A-C) | 6,490,000 | Samsung |
| Wide Strong Maru (59㎡) | 2,420,000 | Entrance Hall |
| Living Room Style Upgrade (59A) | 2,750,000 | Including Art Wall |
| Kitchen Finish Upgrade (59A) | 2,200,000 | Engineered Stone |
Floor Plan of Ssyangyong The Platinum Dongnae Asiad
The housing floor plan consists of popular 4-bay flat shapes and tower shapes. Particularly, the 84㎡ model features a paid option for 'integrated living room specialization,' allowing the connection of two bedrooms to the living room for a wider space. Additionally, by using the 'kitchen upgrade' option, a large pantry and home bar cabinetry can be added, greatly enhancing space efficiency.
Fundamentally, the 84㎡ model is equipped with two pantries and an alpha room, making the structure very excellent. These various options and structures appear to be an attractive choice for consumers.
Layout of Ssyangyong The Platinum Dongnae Asiad
This complex consists of a total of 3 buildings and boasts a maximum height of 24 floors. The southern placement is expected to ensure excellent lighting and ventilation. However, depending on the distance between buildings and the possibility of nearby new constructions, some units may face limitations in sunlight or view rights. The main entrance is planned to be on the north side, while the secondary entrance will be on the south side.
Landscaping and Community of Ssyangyong The Platinum Dongnae Asiad
A variety of community spaces for residents are planned to be created.
Within the complex, facilities such as a fitness center, golf practice range, café, small library, community meeting room, guest house, and senior center are included, aiming to enhance residents' satisfaction. Furthermore, a 'mom's station' for children will also be installed.
Subscription Schedule for Ssyangyong The Platinum Dongnae Asiad
On June 27, 2025, the tenant recruitment announcement will be made. The subscription schedule is as follows: special quotas will start on July 7, the first general subscription will take place on July 8, and the second on July 9.
The announcement of the winners is expected on July 16, and valid contracting will occur over three days from July 28 to 30. The intended move-in date is planned for August 2028.
The special quota schedule is scheduled for July 7.
The first priority will be on July 8, the second priority on July 9, and
the announcement of winners is scheduled for July 16.
Contracting will take place from July 28 to 30.
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Frequently Asked Questions (FAQ)
Q. Where is Ssyangyong The Platinum Dongnae Asiad located?
This complex is located at 1370-1, Oncheon-dong, Dongnae District, Busan.
Ssyangyong The Platinum Dongnae Asiad is situated in Oncheon-dong, Dongnae District, Busan, and consists of a total of 271 new apartment units arranged in 3 buildings ranging from basement 4 to 24 floors. It is very convenient for transportation, being close to Busan Subway Line 3's Sajik Station, Line 4's Myeongnyun Station, and Line 1's Dongnae Station. Additionally, it is adjacent to major roads like Jungang-daero and Chungnyeol-daero, facilitating easy vehicle movement throughout Busan.
Q. What are the sale price and mid-term payment conditions?
The sale price ranges from 493 million won to 680 million won for 59㎡, and from 767 million won to 953 million won for 84㎡, with an interest-free benefit for 60% of the mid-term payment.
The sale prices are set at 493 million to 680 million won for the 59㎡ type and 767 million won to 953 million won for the 84㎡ type. The deposit is 5% of the sale price, with an initial payment of 10 million won at the time of the contract and the remaining balance due within 30 days. Notably, an interest-free benefit is provided for 60% of the mid-term payment, significantly reducing the financial burden for buyers.
Q. What are the major unit types and the composition of the number of units in the complex?
Of the total 271 units, 137 units will be offered for general sale, primarily featuring 59㎡ and 84㎡ mid-small sized units.
Ssyangyong The Platinum Dongnae Asiad consists of a total of 271 units, of which 137 will be available for general sale. The publicly offered units include 75 units of 59㎡ and 62 units of 84㎡, optimal for actual buyers who prefer mid-small sized layouts. Specifically, the types range from 59A to 59E and from 84A to 84C, offering varied selections. Additionally, the parking space provision is generous compared to standard requirements, with 465 spaces ensuring approximately 1.7 parking spaces per unit, adding further convenience.
Q. What is the location and living infrastructure like?
With triple station access, transportation is convenient, and the area is characterized by excellent education and large shopping facilities nearby.
The complex is conveniently located near Busan Subway Line 3's Sajik Station, Line 4's Myeongnyun Station, and Line 1's Dongnae Station, providing good public transportation access. It will be assigned to Geumgang Elementary School and is near reputable schools such as Dongnae Middle School, Yulak Middle School, and Sajik High School, providing an excellent educational environment. Furthermore, there are plenty of shopping options with large facilities like Lotte Department Store Dongnae, Homeplus Asiad, and Mega Mart Dongnae nearby, as well as Sajik Sports Complex and Busan Medical Center, making for a well-equipped living infrastructure.
Q. What are the move-in and subscription schedules?
The tenant recruitment announcement is set for June 27, 2025, with planned occupancy in August 2028.
The subscription schedule includes special supplies starting on July 7, the first priority on July 8, and the second on July 9. The winners will be announced on July 16, and valid contracts will take place from July 28 to 30. The entire project aims for occupancy in August 2028, making it crucial to confirm the timing when subscribing.
Q. What are the costs for balcony extensions and what paid options are available?
The cost for balcony extensions is 8 million won for 59㎡ and 12 million won for 84㎡, with various paid options available including system air conditioning.
The cost of balcony extensions is 8 million won for the 59㎡ type and 12 million won for the 84㎡ type, with system air conditioning installations available for a maximum of 7.15 million won for the 59㎡ type and 8.25 million won for the 84㎡ type. Additionally, various paid options like built-in refrigerators and kimchi refrigerators, kitchen upgrades, and living room style upgrades are provided, allowing customers to choose according to their preferences and needs. The 84㎡ offers an integrated living room option, allowing two bedrooms to be used as a spacious living area, enhancing space efficiency.
Q. How is the community and convenience facilities composed in the complex?
A fitness center, golf practice range, café, library, community meeting room, and other various community facilities will be provided.
Various community spaces are being created to enhance resident satisfaction. The fitness center and golf practice range will provide exercise environments, while the café and small library will serve as relaxation and reading areas. Community meeting rooms, guest houses, and senior centers are also planned to meet the needs of various age groups, and a mom's station for children will be built.
Q. How does the sale price level compare to surrounding apartment prices?
The sale prices are set higher than nearby apartments, leading to concerns about high pricing and potential unsold units.
The highest sale price for the 84㎡ type is about 965 million won, which is over 280 million won higher than the recent transaction price of 680 million won for nearby 5-year-old apartments like 'e-Pyeonhansesang Dongnae Asiad'. Furthermore, even when considering the new apartment premium, the pricing is still high when compared to the 8-year-old 'Sajik Lotte Castle The Classic'. As a result, it is expected that the high sale price could pose potential unsold unit risks, reflecting the impact of the dramatic rise in construction costs.