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🇰🇷 South Korea /Economy & Trade

Bucheon Daejang Haustory Descent set for October sales launch

From Dong-A Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • LH and Namkwang Construction’s consortium plans to offer 548 public housing units at Bucheon Daejang Haustory Descent in October.
  • The complex will be near the planned Daejang Station on the Daejang-Hongdae Line, which aims to connect Bucheon with Hongdae Entrance Station in about 20 minutes.
  • The development will include nearby school sites and mixed commercial, shopping, cultural and park facilities, while price caps could support comparatively affordable prices.

A 548-unit public housing complex in Bucheon’s Daejang New Town is preparing for an October sales launch, with its planned rail connection to Seoul serving as a major selling point.

Bucheon Daejang Haustory Descent will occupy Block A-2 of the public housing district in Bucheon, Gyeonggi Province. LH and a consortium led by Namkwang Construction will supply homes ranging from 59-square-meter units to 84-square-meter units. The developers are targeting an October opening for the model house.

The complex will be located near the planned Daejang Station on the Daejang-Hongdae Line. The 20.1-kilometer metropolitan railway is designed to run from Bucheon Daejang through Seoul’s Gangseo and Yangcheon districts to DMC and Hongdae Entrance Station. The project aims to open in 2031, with travel from Bucheon Daejang to Hongdae Entrance expected to take about 20 minutes once it begins service.

Bucheon Daejang Haustory Descent combines access to Seoul and proximity to jobs, while the price cap is expected to draw strong interest from end users.

· Sales representativeThe representative described the complex’s expected appeal to prospective buyers.

The surrounding district is also planned to include kindergarten and elementary, middle and high school sites within walking distance. A mixed-use area combining central shopping facilities, retail, cultural spaces and parks is expected to be developed nearby. The complex will receive the public housing price cap, an especially notable feature as private apartment prices in Bucheon have recently risen.

Interest in similar developments has been strong. Haustory’s housing project in Bucheon’s Yeokgok district drew 5,608 applications for 570 homes in its July main subscription, producing an average competition rate of 9.8 to 1 and a peak of 15.2 to 1. Last year, e편한세상 Daejang Purstium attracted about 43,000 applicants, recording rates of 121 to 1 and 137 to 1 in Blocks A7 and A8. A sales representative said the new complex is expected to attract end users because of its Seoul access, proximity to jobs and price-cap status.

We will make every effort to ensure that the brand trust demonstrated in Yeokgok district continues with this complex.

· Sales representativeThe representative discussed preparations for the new development.
About this summary

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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