Samsung Electronics within walking distance: Acmer Dongtan opens apartment subscriptions

Acmer Dongtan, a new apartment complex being developed by Posco E&C in Dongtan 1 new town in Hwaseong, Gyeonggi Province, launched its subscription process Monday with a special supply round.

According to the pre-sale industry, the complex — developed by KB Real Estate Trust and built by Posco E&C — will hold first-priority subscriptions Tuesday and second-priority subscriptions Wednesday.

First-priority applicants must be household heads residing in Hwaseong Special City or the Greater Seoul metropolitan area — Seoul, Gyeonggi Province or Incheon — as of the initial recruitment announcement date. They must also hold a housing subscription account of at least 24 months and meet the deposit requirements by region and unit size.

However, those subject to re-subscription restrictions within the past five years or those who own two or more homes are ineligible.

The down payment is set at 10 percent of the pre-sale price and can be paid in two installments. The first installment ranges from 10 million to 30 million won ($22,600) depending on the unit type. First-time buyers are exempt from the owner-occupancy requirement.

Acmer Dongtan is located at 95 and 99 Banseong-dong, Dongtan-gu, Hwaseong, and will comprise seven buildings rising from seven below-ground floors to a maximum of 49 above-ground floors, for a total of 1,808 units. Acmer Dongtan 95 will have three buildings with 812 units, while Acmer Dongtan 99 will have four buildings with 996 units.

All units feature 2.5-meter ceiling heights and individual underground storage rooms. Residents who opt for balcony expansion will receive complimentary upgrades in the kitchen, bathroom and windows. Premium fixtures include Italian kitchen furniture brand Cucine Lube and German faucet brand Hansgrohe.

On the transportation front, a new Banseong Station (tentative name) on the Dongtan–Indeokwon Line is planned directly in front of the complex, with an underground passage connecting the station to Acmer Dongtan 95 also in the works. One stop away at Dongtan Station, residents will have access to the GTX-A and other express rail services.

The complex sits about a 10-minute walk from Samsung Electronics' Hwaseong campus, and a shuttle bus stop will be set up at the entrance. Nearby green spaces include Dongtan Central Park, spanning about 370,000 square meters, and Banseoksan Neighborhood Park, covering about 710,000 square meters.

The model house has drawn steady crowds ahead of the subscription opening. A pre-sale official said about 10,000 people visited over the weekend. Since the model house opened Oct. 16, visitors have included Samsung Electronics Hwaseong campus employees, newlywed couples and residents of Dongtan 1 new town looking to move into newer housing.

"As the first new supply in the heart of Dongtan 1 new town in quite some time, it offers strong price competitiveness," a pre-sale official said. Winners for Acmer Dongtan 95 and 99 will be announced Nov. 3 and Nov. 4, respectively, with official contracts running from Nov. 16 through Nov. 18.

Meanwhile, Posco E&C posted consolidated sales of 3.45 trillion won and operating profit of 97.4 billion won in the first half of the year, swinging to a profit from an operating loss of 66.9 billion won in the same period a year earlier.