Asking price for Banpo's Raemian Trinione hits 7.2 billion won, up 2 billion won in a month

An 84-square-meter move-in right at Raemian Trinione sold for 4.98 billion won last month; asking prices have since climbed to 7.2 billion won — matching Raemian One Bailey's all-time high — driven by a top school district and direct subway access despite limited Han River views.

An exterior view of Raemian Trinione in Banpo-dong, Seocho-gu, Seoul, ahead of move-in. [Baengma Real Estate Agency]

Asking prices for the standard 84-square-meter units at Raemian Trinione — the newly reconstructed apartment complex in Banpo-dong, Seocho-gu, Seoul — have surpassed 7 billion won, industry sources said Monday. Despite limited direct views of the Han River, the complex is drawing attention as a potential top-tier address in Banpo, buoyed by its new-construction premium and access to sought-after schools.

The highest current asking price for an 84-square-meter move-in right at Raemian Trinione stands at 7.2 billion won, according to real estate agents. The listing is for a unit on the 30th floor — among the most desirable floors in the 32-story building — and represents an asking price more than 2 billion won above the 4.98 billion won paid last month for a 25th-floor unit.

Raemian Trinione was built on the site of the former Banpo Jugong 1 Complex, Section 3, and comprises 2,091 units across 17 buildings rising up to 35 stories, with exclusive use areas ranging from 59 to 165 square meters. An underground passage connects the complex directly to Gubanpo Station, and to the north lie the remaining sections of Banpo Jugong 1 Complex and the Han River.

Because the price ceiling on new apartments applied at the time of subscription, the 84-square-meter units were initially priced at around 2.8 billion won. Even taking the lowest current asking price of 4.345 billion won as a reference, the premium already stands at nearly 2 billion won above the original subscription price.

The surging asking prices have led some in the market to cast Raemian Trinione as a rival to Raemian One Bailey, long considered the flagship apartment complex in Banpo. Direct Han River views are blocked by the planned Banpo DH Classit development — a complex of more than 5,000 units set to rise between Raemian Trinione and the river. Agents highlight the complex's position in a prime transit-oriented area around Line 9's Gubanpo Station and its proximity to Sewha High School, Sewha Girls' High School, Banpo Elementary School and Banpo Middle School.

Raemian One Bailey apartments in Banpo-dong, Seocho-gu, Seoul. [Herald DB]

Analysts say the absence of rental units within the complex and its status as a new build are also significant draws. Excluding Otiere Banpo — a development of just 251 units — Raemian Trinione is a rare new-build in Banpo-dong. Its floor-area ratio of 273 percent and building coverage ratio of 17 percent also give it a more open feel compared with Raemian One Bailey, which was built to ratios of 299 percent and 19 percent respectively.

Experts say asking prices at Raemian Trinione have already caught up with Raemian One Bailey's all-time high, reflecting a market debate between locational value and product quality. The 84-square-meter units at Raemian One Bailey set a record last June when a 12th-floor unit sold for 7.2 billion won. The most recent transaction was a 16th-floor unit at 5.9 billion won.

"Raemian One Bailey has the locational advantage of being near the Han River and Express Bus Terminal Station, while Raemian Trinione has the strengths of a top school district, new community facilities and no rental housing units — making it hard to say which is superior," said Lee Jae-guk, an adjunct professor at the Korea Financial Training Institute.

However, asking prices have yet to translate into actual transactions. A local real estate agent said sellers are still testing the market with high asking prices, adding that Raemian Prestige serves as the anchor complex in Banpo. "Raemian Trinione is located to the west and is some distance from that complex, and with limited Han River views, it may be difficult for it to represent Banpo apartments as a whole," the agent said.

반도체로 번 돈, 집값 못올리게 ‘증세 카드’…“매물 잠기고 전월세 뛸 것” [부동산360]

김용범 청와대 정책실장이 “보유세와 양도세를 합리적으로 조정하는 것은 필요하고 옳은 방향”이라고 밝히면서 부동산 증세가 초읽기에 들어갔으며 부동산 전문가들은 세

https://biz.heraldcorp.com/article/10783611

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