548 units to be supplied in 3rd-generation new town Bucheon Daejang

Special supply subscriptions open Nov. 23, first-priority applications Nov. 24

A rendering of Bucheon Daejang Haustory Decent. [Namkwang Engineering & Construction]
A rendering of Bucheon Daejang Haustory Decent. [Namkwang Engineering & Construction]

The model home for Bucheon Daejang Haustory Decent, a public apartment development being supplied by a consortium of Korea Land and Housing Corporation (LH) and Namkwang Engineering & Construction in the Bucheon Daejang district of the third-generation new town, will open Friday.

Namkwang Engineering & Construction announced Thursday that it will open the model home for the project, located in Block A-2 of the Bucheon Daejang public housing district in Bucheon, Gyeonggi Province, launching the formal pre-sale process. The LH-Namkwang Engineering & Construction consortium is developing and building the complex as a privately participated public sale apartment.

The development will comprise eight buildings rising up to 15 above-ground floors over two basement levels, with a total of 548 units. Unit types cover small-to-mid-sized exclusive use areas of 59, 74 and 84 square meters. The price ceiling on new apartments applies to the complex.

Apartment subscriptions open with special supply on Nov. 23, followed by first-priority applications on Nov. 24 and second-priority on Nov. 25. Successful applicants will be announced Dec. 1, and formal contracts are scheduled to run over five days from Jan. 25 to Jan. 29 next year.

On the transportation front, a new Daejang Station on the Daejang-Hongik University line is planned near the complex. The Daejang-Hongik University line is a wide-area rail link spanning 20.1 kilometers from Bucheon Daejang through Seoul's Gangseo and Yangcheon-gu districts and Digital Media City before terminating at Hongik University Station. Once open, the line is expected to bring travel time from Bucheon Daejang to Hongik University Station to within 20 minutes. The GTX-D line is also being pursued in the area.

Corporate research and development facilities and industrial complexes are also planned nearby. The first Bucheon Daejang urban advanced industrial complex is set to include SK Green Techno Campus and DN Solutions' R&D facilities, while Korean Air is pursuing a development for urban air mobility and aviation safety R&D at the second urban advanced industrial complex.

Within walking distance of the complex, sites have been designated for a kindergarten and elementary, middle and high schools. Parks, waterfront walking paths and a central commercial district are also planned for the surrounding area, with the overall lifestyle infrastructure expected to improve over time.

Community amenities within the complex will include a guest house, seasonal storage, a fitness center, a small library and a study cafe. Childcare and education facilities — including a daycare center, a shared childcare center and a kids center — are also planned.

Namkwang Engineering & Construction is building a Haustory brand town spanning a total of 5,280 units from Bucheon to Incheon Gyeyang, with the current complex included. Yeokgok District Haustory, which held its main subscription round in July, drew 5,608 applications for 570 units, posting an average competition ratio of 9.8 to 1. The 55-square-meter Type A units recorded the highest ratio at 15.2 to 1.

"Bucheon Daejang Haustory Decent combines the locational advantage of proximity to Seoul with wide-area transportation links including the Daejang-Hongik University line and live-work convenience anchored by corporate and R&D facilities," a pre-sale official said. "We have carefully curated everything from education and the natural environment to the everyday amenities residents need, and we expect strong interest from end-users once the model home opens."

Meanwhile, Haustory is a residential brand launched through the merger of Kukdong Engineering & Construction — which marks its 80th anniversary next year — and Namkwang Engineering & Construction. The brand is built around the concept of moving beyond standardized housing to offer homes tailored to the life stages of residents.


shy@heraldcorp.com