Dongdaemun Raemian La Grande Draws 46,362 Applicants for One Unit

More than 40,000 applicants applied for an unranked subscription at Raemian La Grande in Imun-dong, Dongdaemun-gu, Seoul. According to Korea Real Estate Board’s Cheongyak Home on the 13th, a total of 46,362 people applied for one 55-square-meter general supply unit offered that day. The unit was a resale supply made available after a previous contract cancellation. This case returned to the market after a contract was terminated due to disruption of the supply order, including illegal resale. Applicants did not need a subscription account, and eligible applicants were household heads without homes, aged 19 or older, living in Seoul as of the recruitment notice date. The complex, built through the redevelopment of Imun District 1, has 3,069 households, with five basement floors and up to 27 floors above ground. Move-ins began in January 2025. The sale price was set at the 2023 level, about 883 million won for 55 square meters. Source: rss.donga.com