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Analysis of Hillstate Gwangmyeong 11 Housing Notice (Correction)

The Hillstate Gwangmyeong 11 corrected recruitment notice details the supply of 652 general units out of 4,291 total units in Gwangmyeong, Gyeonggi-do. Key changes include revised balcony expansion costs, with some types increasing significantly and others decreasing. The application period starts in November 2025, operating under non-regulated area standards with a 3-year resale restriction but no mandatory residency requirement, offering favorable conditions for eligible applicants.

Key Takeaways

1

The project supplies 652 general units and 356 special supply units out of 4,291 total units.

2

Balcony expansion costs were significantly revised in the correction notice, affecting final purchase prices.

3

The location in Gwangmyeong, Gyeonggi-do, is classified as a non-regulated area for application purposes.

4

First-rank eligibility requires a housing savings account maintained for 12 months with sufficient deposit.

5

Key application dates are November 17-18, 2025, with contract signing in early December 2025.

Analysis of Hillstate Gwangmyeong 11 Housing Notice (Correction)

What is the scope and pricing information for the Hillstate Gwangmyeong 11 supply?

The Hillstate Gwangmyeong 11 project involves a large-scale housing supply located across Gwangmyeong 4-dong and Cheolsan 4-dong in Gwangmyeong-si, Gyeonggi-do. The total complex comprises 4,291 units, of which 652 units are designated for general public sale, including 356 units allocated for special supply categories. Crucially, the corrected notice introduced significant revisions to the supply pricing, particularly concerning optional costs like balcony expansion fees, which applicants must review carefully before applying. These changes reflect updated market conditions or construction costs, impacting the final purchase price for prospective residents and requiring attention to the specific unit type costs listed in the announcement.

  • Supply Location and Scale: Located in Gwangmyeong 4-dong and Cheolsan 4-dong, Gwangmyeong-si, Gyeonggi-do, offering 652 general units out of 4,291 total.
  • Revised Balcony Expansion Costs: The 39B unit saw a substantial increase from 5,300,000 KRW to 11,600,000 KRW, while the 74C unit has the highest cost at 22,600,000 KRW (VAT included).
  • Cost Reduction Example: The 59A unit type experienced a cost reduction in the corrected announcement, changing from 13,130,000 KRW to 12,200,000 KRW.

When are the key application and contract dates for the recruitment process?

The recruitment schedule for Hillstate Gwangmyeong 11 is clearly defined, starting with the official recruitment announcement date of Friday, November 7, 2025. Following this, the application process begins with special supply applications on Monday, November 17, 2025, immediately followed by the first-rank general supply applications on Tuesday, November 18, 2025. Successful applicants will be announced shortly thereafter on November 26, 2025, leading into the final contract signing period, which spans three days in early December 2025. Adhering strictly to these dates is essential for all prospective buyers to ensure their eligibility and secure their unit within the specified timeline.

  • Recruitment Announcement Date: November 7, 2025 (Friday).
  • Application Reception Dates: Special supply on November 17, 2025 (Monday), and general supply (1st rank) on November 18, 2025 (Tuesday).
  • Winner Announcement Date: November 26, 2025 (Wednesday).
  • Contract Signing Period: December 8, 2025 (Monday) through December 10, 2025 (Wednesday).

Where is the project located and what are the residency requirements?

The Hillstate Gwangmyeong 11 project is situated in Gwangmyeong-si, Gyeonggi-do, which is currently classified as a non-regulated area, offering more favorable application conditions compared to areas under stricter government control. However, priority is legally mandated for local residents. To qualify as a priority applicant, individuals must have continuously resided in Gwangmyeong-si for two years or more, specifically since before the announcement date of November 7, 2023. Applicants residing in Gwangmyeong for less than two years, or those in the broader Seoul Metropolitan Area (Gyeonggi, Seoul, Incheon), are considered for the remaining supply after local priority is fulfilled, ensuring a fair distribution based on residency status.

  • Regulatory Status: The area is designated as a non-regulated region.
  • Local Priority Requirement: Continuous residency in Gwangmyeong-si for two years or more (since before November 7, 2023).
  • Other Applicants: Residents of Gwangmyeong for less than two years, or those in the wider Seoul Metropolitan Area (Gyeonggi, Seoul, Incheon) are eligible for remaining units.

Who is eligible to apply for general and special supply units?

Eligibility for the general supply is strictly divided into two ranks based on the applicant's housing subscription savings account status. First-rank applicants must have maintained their housing subscription savings account for at least 12 months and satisfied the required minimum deposit amount corresponding to their chosen unit size. Second-rank applicants include all other housing savings account holders who do not meet the full criteria for the first rank. Furthermore, a significant portion of the supply, totaling 356 units, is reserved for special supply categories, targeting specific demographic groups such as newlyweds and first-time homebuyers to promote housing welfare and accessibility across the community. Understanding these rank requirements is crucial for determining the application strategy and maximizing the chance of selection.

  • First-Rank General Eligibility: Housing savings account maintained for 12 months or more, with the required minimum deposit amount fulfilled.
  • Second-Rank General Eligibility: Housing savings account subscribers who do not meet the full criteria for the first rank.
  • Special Supply Allocation (Total 356 units): Includes allocations for Newlyweds (149 units), Institutional Recommendation (65 units), Multi-child Households (65 units), First-time Homebuyers (58 units), and Elderly Support (19 units).

Why are certain regulations and precautions important for applicants?

Applicants must be aware of several key regulations and precautions governing the Hillstate Gwangmyeong 11 project, particularly regarding supply structure and post-selection restrictions. The project involves three separate blocks (11-1-1R, 11-1-2R, 11-2R) supplied collectively, meaning applicants cannot choose a specific block during the application process. Since the project was approved before the area was designated as a speculative overheated zone, it benefits from non-regulated area standards. Importantly, while there is no restriction on re-application for future projects, a mandatory resale restriction of three years applies to successful applicants, though there is no required period of residency, offering flexibility in immediate occupancy.

  • Supply Structure: All three blocks are supplied simultaneously, preventing individual block selection by applicants.
  • Regulatory Basis: Supply adheres to non-regulated area standards, based on approval prior to any potential speculative zone designation.
  • Resale Restriction: A mandatory resale restriction period of three years applies to the units.
  • Re-application and Residency: There is no restriction on re-application for other projects, and no mandatory residency period is imposed.

How can applicants select additional options and what is the contract process?

Prospective buyers have the opportunity to customize their units through various additional selection items, or paid options, which must be factored into the total purchase cost alongside the base supply price and balcony expansion fees. These options include essential home systems and interior finishes, allowing residents to tailor the unit to their preferences and lifestyle needs. The contract process requires a structured payment plan, starting with a 10% down payment (contract deposit), followed by subsequent installment payments, including the 10% intermediate payment (Jungdo-geum), with specific due dates provided. Applicants must prepare all necessary documentation, whether applying in person or through a representative, to finalize the contract during the designated three-day signing period in December.

  • Optional Selections (Paid Options): Includes system air conditioners (standard/premium types), various home appliances (refrigerators, built-in units), and high-end finishing options (flooring, kitchen, bathroom upgrades).
  • Payment Structure: Requires payment of a 10% contract deposit and specifies the timing for the 10% intermediate payment.
  • Contract Requirements: Clear documentation is required for contract signing, whether the applicant or an authorized representative is present.

Frequently Asked Questions

Q

What is the total number of units available for general public sale?

A

Out of the total 4,291 units in the complex, 652 units are allocated for general public sale. This includes 356 units specifically designated for various special supply categories, such as newlyweds and first-time buyers.

Q

Did the corrected notice significantly change the cost of balcony expansion?

A

Yes, the costs were revised. For example, the 39B unit cost more than doubled to 11,600,000 KRW, while the 59A unit saw a decrease to 12,200,000 KRW, demonstrating varied price adjustments across unit types.

Q

What are the key regulatory restrictions applied to successful applicants?

A

The project is in a non-regulated area, meaning there is no mandatory residency period and no re-application restriction. However, a mandatory resale restriction of three years applies to all successful applicants.

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