Real estate is transferred capital from the

- Real estate is transferred capital from the unchanged generation to the changed younger generation.

The first-place competition rate between Lee comfortable-world Dangsan River Park (Dangripak) and Seoulwon I-Park has been revealed.

Dangripak's first-place competition rate is no less than "22 times" higher than that of Seoulwon.
Dangripak's sale price is 55 million won per pyeong, and Seoulwon I-Park is 40 million won per pyeong.
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A person who has been visiting Dangsan-dong for a long time said, "What kind of price is Dangsan-dong 5500 pyeong?" but the result shows that the market recognizes this price as very cheap. (Of course, Dangsan Central I-Park, which shares a location, costs 6300 pyeong.)
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Someone who knows Wolgye-dong very well also said, "Wolgye-dong is 4000 per pyeong?" Again, the market recognizes it as a reasonable price.
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What lessons can we learn from this?

1. Lee's comfortable world Dangsan River Park (Dangripak) reconstruction association is not good.

I think the biggest disappointment with this high competition is the reconstruction association. It's a good place to set 5500 won per pyeong. What does a high competition rate mean? It's cheap. You can get it more expensive, but you didn't get it.

If it is too expensive, it can be a social issue, so we have some margin, but no matter how much we look at it, the sale price of Dangripak was "too" cheap.
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2. HDC Hyundai Development Co. is also good. (Chairman Chung Mong-gyu is good at everything except for the president of the Korea Football Association.)

When you look at the competition rate at Seoul One I-Park, it was pretty high, but the phrase "there's not much in the famous house" comes to mind. The competition rate is much smaller than I thought. In addition, the large acreage has fallen short.

I'm not saying, "What's going on?"
It is a situation where we have to accept, "You set the sale price really well."

All mainstream products are sold out, and they are not too overwhelming, and you don't have to worry about unsold houses. What does this mean? It means that he has received all the money up to the limit of the buyers. As expected, Chairman Chung Mong-gyu is good at everything except for the president of the Korea Football Association. There won't be many buyers left, but there will be a lot of Hyundai Industrial Development left.

In the previous videos, if you are considering subscribing to Seoulwon I-Park, I told you that I expected this result to some extent because I strongly recommended the purchase of Wolgye Hanjin Hanwha Grandville right next to me, and the subscription of Lee Pyunhansesang Dangsan River Park (Dangripak).

What are you going to do about the large-scale unsold acreage? We expect almost all of it to be extinguished before completion, and even if it is unsold after completion, there is no need to worry at all because the quantity itself is small.

Hyundai Industrial Development is expected to achieve a light net profit of 1 trillion won through this Seoul One I-Park. There is no problem if we say that there are dozens of large acreages left.
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3. Real estate is transferred capital from the unchanged generation to the changed younger generation.

"I won't subscribe to Dangsan-dong 5500 because it's expensive"
"I won't subscribe because 4,000 won in Wolgye-dong is expensive"

People who have known the area for a long time have mostly said this, but the market recognizes this price as cheap.

This is what I always feel when I invest in real estate.

"Real estate is transferred capital from a generation that has not changed to a generation that has changed to a generation that has changed."

We didn't think Sincheon-dong would have this look right now.
Please remember those who said, "Even if Parkrio is built, Sincheon-dong is Sincheon-dong," and know that you must respond to changing situations in order to survive.

Thank you.