Table of Contents
- Introduction to Rivercent Prugio Weave
- Information about the Rivercent Prugio Weave Complex
- Location, Transportation, and Living Infrastructure of Rivercent Prugio Weave
- Intermediate Payment, Sale Price, Expansion Costs, and Deposit for Rivercent Prugio Weave
- Conclusion of Rivercent Prugio Weave
- Frequently Asked Questions (FAQ)
Introduction to Rivercent Prugio Weave
Rivercent Prugio Weave is a newly built apartment situated in Yeongdeungpo-dong 5ga, Yeongdeungpo-gu, Seoul. This complex will be supplied as part of the urban environmental maintenance project in Yeongdeungpo District 1-13.
Constructed by Daewoo Engineering & Construction and Doosan Construction, it holds significant brand value. In particular, its proximity to Yeongdeungpo Market Station on Subway Line 5 makes transportation convenient, and the close proximity of various living convenience facilities has attracted significant interest.
Information about the Rivercent Prugio Weave Complex
Rivercent Prugio Weave is located in Yeongdeungpo-dong 5ga, Yeongdeungpo-gu, Seoul. This complex consists of 4 underground floors and 33 above-ground floors, with a total of 659 units, of which 175 will be offered for sale. The unit composition includes 17 units of 59A type, 41 units of 76 type, 13 units of 84A type, 87 units of 84C type, and 17 units of 84D type, among others.
A total of 853 parking spaces are provided within the complex, allowing for an average of 1.29 parking spaces per unit. This project is being carried out by the Yeongdeungpo 1-13 District Urban Environment Maintenance Project Association, with Daewoo Engineering & Construction and Doosan Construction responsible for the construction.
Rivercent Prugio Weave is primarily composed of small to medium-sized units, making it attractive to both end-users and investors, with a planned occupancy date in January 2029.
Location, Transportation, and Living Infrastructure of Rivercent Prugio Weave
Rivercent Prugio Weave is an ultra-rapid transit apartment complex located within a 2-4 minute walk from Yeongdeungpo Market Station on Subway Line 5. This makes commuting to major business areas in Seoul, such as Yeouido and Gwanghwamun, very convenient.
Moreover, the nearby Yeongdeungpo Station provides access to KTX and Line 1, while Munrae Station serves Line 2. Furthermore, once the Shin Ansan Line and GTX-B lines are opened in the future, the convenience of transportation is expected to improve significantly. Such transportation networks will be a major advantage for residents.
In terms of living infrastructure, large shopping centers such as Times Square, Lotte Department Store, Homeplus, and Costco are located nearby, making shopping convenient. Also, access to medical institutions such as Hangang Sacred Heart Hospital and Ewha Mokdong Hospital is quite good.
Educationally, it is expected to be assigned to Yeongjoong Elementary School, with several middle and high schools nearby, creating an excellent educational environment. However, there is a lack of large parks in the vicinity, and there may be some complexities due to surrounding maintenance projects during the initial occupancy.
Intermediate Payment, Sale Price, Expansion Costs, and Deposit for Rivercent Prugio Weave
The sale prices for each type of Rivercent Prugio Weave are as follows:
The 59A㎡ type is priced between 1.1934 billion and 1.2708 billion won,
the 76㎡ type ranges from 1.396 billion to 1.5393 billion won.
Lastly, for the 84A/C/D㎡ types, the price starts from 1.5741 billion won and goes up to 1.6974 billion won.
Upon signing the contract, a deposit of 20% of the total amount must be paid upfront, and 60% of the intermediate payments can be supported through a loan with a pay-later interest system. This method reduces interest burdens during the contract period, but it is important to note that when the remaining payment is due, the accumulated interest during the loan period must be paid all at once, leading to significant additional costs.
Therefore, the contract signer must thoroughly understand these details and meticulously plan for the final payment that includes interest costs.
Additionally, costs for balcony expansions vary depending on the type, ranging from approximately 20.42 million to 28.63 million won.
Conclusion of Rivercent Prugio Weave
Rivercent Prugio Weave is notably positioned in the center of Yeongdeungpo New Town, showcasing its well-developed transportation, living, and educational infrastructure.
The pricing is similar or somewhat lower than that of nearby Acro Tower Square, suggesting a certain level of stable investment potential.
The 20% deposit and the intermediate payment interest pay-later conditions may impose initial and final financial burdens on subscribers. Particularly, the need to repay the 20% remaining balance along with the interest on the intermediate payment loan at the time of occupancy is a critical matter to carefully consider in financial planning.
Nevertheless, the rarity of a brand-new complex situated in the center of Seoul acts as an attractive factor. Additionally, the one-year resale restriction period is expected to positively impact both actual residents and investors. It appears that demand in the market will further increase based on these points.
Sale Price of Rivercent Prugio Weave
The sale price for the 59㎡ type reaches approximately 1.27 billion won, the 76㎡ type is about 1.54 billion won, and the 84㎡ type amounts to 1.7 billion won.
It is crucial to consider that the intermediate payments are on a pay-later interest basis, so additional interest costs may arise at the time of occupancy.
Balcony Expansion Costs and Additional Options for Rivercent Prugio Weave
The costs for balcony expansions vary by type, with the 59A type costing 20,420,000 won, the 76 type costing 26,480,000 won, and the 84A type costing 25,040,000 won. For the system air conditioner, the price ranges between 5,400,000 won and 5,800,000 won for installing 4 units based on LG products.
In addition, various optional features are available. The installation of the front door middle door costs 1,056,000 won, and the wall and floor finishing materials are priced differently by type. The lighting specialized options also vary by type, with dishwashers costing up to 1,400,000 won and bathroom ventilation fans costing up to 1,200,000 won. These diverse options allow for a tailored configuration that matches individual preferences and needs.
Overall Layout of Rivercent Prugio Weave
The housing is offered in a variety of types, including 59A, 76, 84A, 84C, and 84D, featuring a design that optimizes lighting and ventilation through the arrangement of south-facing units and tower-type structures. Notably, the 84C type can be chosen for its advantages considering rental income.
Landscaping and Community in Rivercent Prugio Weave
The complex will feature various community facilities such as a fitness center, GX room, golf practice range, sauna, small library, reading room, senior club, and daycare center. However, landscaping and facilities may change during the actual construction process based on permits.
Subscription Schedule for Rivercent Prugio Weave
The recruitment announcement will be made on June 27, 2025, starting subscriptions for special supply on July 7. First priority subscriptions will be accepted on July 8, followed by second priority on July 9. The announcement of successful candidates will occur on July 15, and formal contracts will be conducted over three days from July 28 to 30.
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Frequently Asked Questions (FAQ)
Q. Where is Rivercent Prugio Weave located?
It is an apartment complex located in Yeongdeungpo-dong 5ga, Yeongdeungpo-gu, Seoul.
Rivercent Prugio Weave is situated in Yeongdeungpo-dong 5ga, Yeongdeungpo-gu, Seoul, and is a highly accessible complex just nearby Yeongdeungpo Market Station on line 5. It offers easy access to major business regions like Yeouido and Gwanghwamun, and various living convenience and educational facilities are also in close proximity.
Q. What is the size and number of units in the Rivercent Prugio Weave complex?
It has a total of 659 units across 4 underground floors and 33 above-ground floors, with 175 units available for sale.
This complex consists of 4 underground floors and 33 above-ground floors, offering a total of 659 units, with 175 units available for general sale. The unit configurations include various sizes, such as 59A, 76, 84A, 84C, and 84D, making it attractive to both end-users and investors. The complex provides parking for 853 vehicles, allowing for approximately 1.29 parking spaces per unit.
Q. What are the transportation conditions like for Rivercent Prugio Weave?
It is an ultra-convenient complex located 2-4 minutes walking distance from Yeongdeungpo Market Station on line 5.
This complex is very close to Yeongdeungpo Market Station on line 5, facilitating easy travel to major business districts. Nearby Yeongdeungpo Station (KTX, Line 1) and Munrae Station (Line 2) provide access to various transportation options, and the upcoming Shin Ansan Line and GTX-B lines are expected to further enhance transportation convenience.
Q. What are the living and educational infrastructures around Rivercent Prugio Weave?
There are large shopping centers, hospitals, and excellent educational facilities nearby.
Large shopping facilities such as Times Square, Lotte Department Store, Homeplus, and Costco are conveniently located nearby. Access to medical institutions like Hangang Sacred Heart Hospital and Ewha Mokdong Hospital is also very good. The educational environment is favorable, with assignment to Yeongjoong Elementary School as well as several nearby middle and high schools. However, large parks are lacking in the vicinity, and early residents may encounter some congestion due to surrounding maintenance work.
Q. How has the sale price been determined?
The 59A㎡ type is priced around 1.193 billion to 1.270 billion, the 76㎡ type around 1.396 billion to 1.539 billion, and the 84㎡ type from 1.574 billion to 1.697 billion.
The sale price is set differently based on type, with the 59A type priced between 1.1934 billion won and 1.2708 billion won, the 76 type from 1.396 billion to 1.5393 billion won, and the 84 type ranging from 1.5741 billion won to 1.6974 billion won. These prices are stable compared to surrounding market rates.
Q. What are the deposit and intermediate payment conditions?
A deposit of 20% is required upfront, and 60% of the intermediate payment is supported through a pay-later interest loan.
When signing the contract, the deposit must be paid as 20% of the total amount, while 60% of the intermediate payments can be supported as a loan with a pay-later interest system, reducing the initial interest burden. However, the loan interest must be paid at once during the final payment, necessitating careful planning for additional costs.
Q. What is the cost for balcony expansions and additional options?
Balcony expansion costs range from approximately 20.42 million won to 28.63 million won.
Balcony expansion costs vary by type, with the 59A type costing approximately 20.42 million won, the 76 type costing 26.48 million won, and the 84A type costing about 25.04 million won. Various paid options such as system air conditioners, front door middle doors, lighting specialty, dishwashers, and bathroom ventilation fans are also available to allow for personalized configurations.
Q. What community facilities are available within the complex?
Facilities include a fitness center, GX room, golf practice range, sauna, library, daycare center, etc.
The complex is expected to offer various communal facilities for residents' convenience, including a fitness center, GX room, golf practice range, sauna, small library, reading room, senior club, and daycare center. Note that the actual facilities and landscaping might change during construction and permitting processes.
Q. When is the subscription schedule and recruitment announcement date?
The recruitment announcement will be on June 27, 2025, and subscriptions will start in early July.
The special supply subscription will start on July 7, the first priority will be accepted on July 8, and the second priority on July 9. Announcement of winners will be on July 15, and contracts will occur over three days from July 28 to 30. Adhering to the schedule and preparing carefully are essential.