Table of Contents
- Introduction to Namyangju Wangseok A-1 Block
- Information about Namyangju Wangseok A-1 Block
- Location, Transportation, and Living Infrastructure of Namyangju Wangseok A-1 Block
- Interim Payment, Sale Price, Expansion Cost, and Deposit of Namyangju Wangseok A-1 Block
- Conclusion of Namyangju Wangseok A-1 Block
- Frequently Asked Questions (FAQ)
Introduction to Namyangju Wangseok A-1 Block
Namyangju Wangseok A-1 Block is noted as a representative complex signaling the launch of the third new city, being the first publicly sold housing in a self-sufficient residential and advanced industrial complex in the northeastern metropolitan area, boasting the largest scale.
This area is expected to undergo innovative transportation improvements, including the GTX-B line and the extension of Line 9, anticipating promising job creation in industrial complexes like Wangseok. These factors have attracted significant interest.
The reasonable price range, which is subject to the price cap system, provides attractive opportunities for both end users and long-term investors, clearly explaining why this apartment is receiving so much attention.
Information about Namyangju Wangseok A-1 Block
Namyangju Wangseok A-1 Block is located in the public housing district of Namyangju Wangseok in Jinjup-eup, Jingeon-eup, and Toigwon-eup in Namyangju, Gyeonggi Province.
This complex consists of a total of 8 buildings, with the structures planned to be 20 to 25 stories above ground, providing 629 units.
All units are composed of a single size of 59㎡, which is very popular among end users.
Specifically, 484 units of type 59A and 145 units of type 59B are to be supplied.
The total parking space is secured for 759 vehicles, maintaining a ratio of 1.2 per household. This is evaluated as an appropriate level considering the characteristics of the complex centered on small unit sizes.
The project is led by the Korea Land and Housing Corporation (LH), with construction undertaken by Daekwang Constructions, Eido, and KD Consortium, ensuring stable project progression.
The planned moving-in date is set for August 2028.
Location, Transportation, and Living Infrastructure of Namyangju Wangseok A-1 Block
The greatest appeal of this complex is its location with clear future value and potential for transportation development. The GTX-B line is scheduled to open after 2028, and it is planned to include the new Pungyang Station, which will extend the subway lines 4 and 9. This will position it at the center of a triple station area.
This transportation advancement is expected to significantly enhance accessibility to major urban areas such as Seoul Station and Samsung Station, as well as the Gangnam region. Additionally, being close to the Sejong-Pocheon Expressway and the Metropolitan First Circular Road will further add convenience for vehicle users. Therefore, this complex is gaining attention as an area expected to appreciate in value in the future.
As the new city is developed, living infrastructure will expand accordingly. Nearby, Wangseok 1 Kindergarten and Wangseok 1 Elementary School are scheduled to open in March 2028, and plans for Wangseok 2 Middle School are already underway. Initially, existing infrastructure such as the E-Mart in the Jinjup district and the Hyundai Premium Outlet in Dasan New Town will be utilized, and with the establishment of large-scale commercial facilities as well as cultural and welfare facilities in the future, a more convenient living environment will be created. Furthermore, the Wangseok Stream Waterside Park and linear parks nearby are expected to provide a more pleasant residential environment.
Interim Payment, Sale Price, Expansion Cost, and Deposit of Namyangju Wangseok A-1 Block
The minimum sale price starts at 429.11 million won (59B, 1st floor) for the exclusive 59㎡, and the maximum is set at 456.74 million won (59A, above 5th floor). These prices are subject to the price cap system, making them competitive compared to nearby market prices.
The deposit for those winning in the pre-subscription is set at 5%, while general winners need to pay 10%. The interim payment constitutes 30% of the total amount, while the final payment makes up 60%.
Currently, the uncertainty over interim payment group loans due to financial regulations is a crucial factor. While interim payment loans are expected to be possible, if they do not proceed, buyers may bear the burden of arranging funds directly. Even if loans are executed, interest may incur afterwards, necessitating additional financial planning.
Meanwhile, the cost for balcony extensions is set at approximately 6.61 million won for type 59A and 6.51 million won for type 59B. Additionally, the installation cost for the system air condition is approximately 8.134 million won for 4 units, and these optional items incur separate costs, which should be taken into account when planning.
Conclusion of Namyangju Wangseok A-1 Block
Namyangju Wangseok A-1 Block is a key complex that is particularly notable among the third new cities, expecting certain price increases. This area operates under the price cap system, securing a safety margin of at least 100 million won compared to similar sized transactions in nearby Dasan and Byeollae new towns that are in the high 500 million won to low 600 million won range. By the time of moving in, it's highly probable that the price will exceed 600 million won due to the GTX-B and Line 9 extensions.
However, this complex also has some drawbacks. There's a waiting period of over three years and initial infrastructure is lacking, alongside concerns about the simultaneous large supply in nearby areas affecting short-term rental prices. Moreover, the uncertainty of interim payment loans can be a crucial factor in the financial planning process.
Nevertheless, its excellent accessibility to Seoul and the fact it is the first public offering of a self-sufficient city provides an extremely good opportunity for end users to acquire their own homes. It's also likely to be evaluated as an attractive choice from a long-term investment perspective.
Namyangju Wangseok A-1 Block Selling Price
With a standard size of 59㎡, prices vary according to the selected type and floor, ranging from a minimum of 429.11 million won to a maximum of 456.74 million won.
Namyangju Wangseok A-1 Block Balcony Extension Cost and Additional Options
All units are designed to be balcony extension types, and the cost required for this extension is approximately 6.5 to 6.6 million won. Additionally, system air conditioning (approximately 8.134 million won for 4 units), entrance adjustments (1.83 million won), specialized kitchen options (approximately 4.22 million won) and various paid options are available.
Namyangju Wangseok A-1 Block Floor Plan
All units are 59㎡ in size and adopt a 4-bay plan structure that offers excellent natural light and ventilation. It also includes a dressing room, powder room, and an entrance storage area, efficiently compensating for the storage space disadvantages typically found in smaller units.
Namyangju Wangseok A-1 Block Layout Map
There are a total of 8 buildings arranged to face south, ensuring abundant sunlight. The buildings are designed with wide spacing in between, focusing on openness and privacy protection, which is impressive.
Namyangju Wangseok A-1 Block Landscaping, Community
This complex is expected to feature play areas for children and fitness facilities for residents.
In addition, plans for the Wangseok Stream Waterside Park and linear park are underway, providing residents with a pleasant natural environment.
Namyangju Wangseok A-1 Block Subscription Schedule
The recruitment announcement for residents will be posted on July 24, 2025. Special supplies will be available for subscription from August 6, and ordinary supplies from August 7 to 8. The winners will be announced on August 21, with contracts to be executed in November.
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Frequently Asked Questions (FAQ)
Q. Where is the Namyangju Wangseok A-1 Block located?
Namyangju Wangseok A-1 Block is located in Jinjup-eup, Jingeon-eup, and Toigwon-eup, Namyangju-si, Gyeonggi Province.
Namyangju Wangseok A-1 Block is situated within the Namyangju Wangseok public housing district, being the first publicly sold complex in the largest residential and high-tech industrial self-sufficient city in the northeastern area of the metropolitan region. It is included in the regions of Jinjup-eup, Jingeon-eup, and Toigwon-eup in Namyangju-si, where transportation and living infrastructure development are expected to accompany the project.
Q. What is the size and number of households in Namyangju Wangseok A-1 Block?
It consists of a total of 8 buildings, 629 units, and each building is 20 to 25 stories high, all are 59㎡ single size.
This complex is made up of a total of 8 buildings, each ranging between 20 and 25 stories high. A total of 629 units are planned, all consisting of a single size of 59㎡, with 484 units of type 59A and 145 units of type 59B. They are predominantly designed with small sizes preferred by end users.
Q. When is the scheduled move-in date and who is the project subject?
The moving-in is scheduled for August 2028, and the project is led by LH, with construction handled by the Daekwang Constructions Consortium.
The Korea Land and Housing Corporation (LH) is the project subject, with Daekwang Constructions, Eido, and KD Consortium undertaking the construction. The scheduled moving-in date is August 2028, suitable for mid-to-long-term investment and living plans. Stable project progression and smooth entry are anticipated.
Q. How are the transportation conditions of Namyangju Wangseok A-1 Block?
With the GTX-B line and Line 9 extension, it stands as a triple station area with exceptional accessibility to the metropolitan area.
This complex is centrally located in a triple station area, with the anticipated opening of the GTX-B line (after 2028) and a new Pungyang Station along with plans to extend subway Line 4 and Line 9. Thus, it is expected to significantly enhance accessibility to major urban areas such as Seoul Station and Samsung Station, as well as the Gangnam region. Furthermore, its proximity to the Sejong-Pocheon Expressway and the Metropolitan First Circular Road adds convenience for vehicle users.
Q. What are the sale price, deposit, and interim payment conditions?
Sale prices range from 429.11 million won to 456.74 million won, with deposits set at 5-10% and interim payments at 30%.
Based on an exclusive size of 59㎡, the minimum selling price starts at 429.11 million won (59B, 1st floor) and goes up to 456.74 million won (59A, above 5th floor). The deposit is set at 5% for recipients of pre-subscription, while general winners need to pay 10%. The interim payment constitutes 30% of the total amount, and the final payment is set at 60%. The price cap system ensures a reasonable price range.
Q. What should be noted regarding the interim payment loan situation and additional costs?
Interim payment loans are uncertain, and costs for balcony extension and paid options will incur separately.
Due to financial regulations, there is uncertainty regarding the possibility of group interim payment loans, and if loans are obtained, interest may arise afterwards, making financial planning important. The balcony extension cost is approximately 6.61 million won for type 59A and 6.51 million won for type 59B, and there are additional costs for system air conditioning, entrance adjustments, and kitchen options, which must be adequately considered before moving in.
Q. How is parking space and building arrangement within the complex designed?
A total of 759 parking spaces available, a ratio of 1.2 vehicles per household, with 8 south-facing buildings ensuring ample sunlight and privacy.
A total of 759 parking spaces are secured, allowing approximately 1.2 vehicles per household, which is deemed appropriate for the characteristics of the complex focused on small sizes. All 8 buildings are oriented southward, ensuring abundant sunlight, and they are widely spaced apart to enhance openness and privacy.
Q. What is the status of the living infrastructure and educational facilities around the complex?
Kindergarten and elementary school openings are scheduled for 2028, along with shopping and cultural facilities and parks being established.
The Wangseok 1 Kindergarten and Wangseok 1 Elementary School are planned to open in March 2028, and ideas for a Wangseok 2 Middle School site are underway. Initially, nearby infrastructure including E-Mart in the Jinjup district and Hyundai Premium Outlet in Dasan New Town will be utilized, while the future establishment of large-scale commercial, cultural, and welfare facilities will create a more convenient living environment. Furthermore, the creation of Wangseok Stream Waterside Park and linear park will add to the pleasant natural environment.
Q. What are the investment attractiveness and disadvantages of Namyangju Wangseok A-1 Block going forward?
While significant price differences are expected, the waiting period, initial infrastructure deficiency, and uncertainty over interim payment loans are disadvantages.
Applying the price cap system allows for a competitive pricing that is 100 million won higher than nearby new towns, and with the anticipated opening of the GTX-B and Line 9 extension in 2028, price increases beyond 600 million won are highly probable. However, factors such as a waiting period exceeding 3 years, a lack of initial living infrastructure, potential instability in the short-term rental market due to large supply in nearby areas, and uncertainty over interim payment loans require careful consideration. Nonetheless, given its access to Seoul and self-sufficient functions, it remains an attractive option for both end users and long-term investors.
Q. What are the main dates regarding subscription and allocation schedules?
Recruitment announcement on July 24, 2025, subscription from August 6 to 8, and winners announced on August 21.
The recruitment announcement for residents will be posted on July 24, 2025, with special supply subscription starting on August 6, and ordinary supply subscriptions running from August 7 to 8. Winners will be announced on August 21, and contracts are expected to execute in November, requiring advance preparation for subscriptions.
