乐天建设（Lotte E&C）宣布11月开售首尔瑞草洞Lotte Castle Art Palace共146套限价小户型公寓

Lotte Engineering & Construction will begin sales next month for Seocho Lotte Castle Art Palace, a residential complex near the Seoul Arts Center in Seocho-dong, Seoul.
The complex is subject to the price cap on new homes, and 60% of the units in the general supply category will be allocated by lottery, the builder said on the 26th. Construction has already been completed, and move-in is scheduled for February next year.
Located in the area of 1448-1 Seocho-dong, the development consists of two buildings rising up to 36 floors above ground with five basement levels, for a total of 835 units. Of those, 146 units are being offered for general sale. By exclusive floor area, the offering comprises 24 units of 35 square meters, 77 units of 37 square meters (Type A), 31 units of 39 square meters and 14 units of 46 square meters.
The complex was built under the Seoul Metropolitan Government's Youth Safe Housing program, which supplies homes near subway stations to help young adults and newlyweds secure stable housing. The units in this general sale are not rental housing but apartments that buyers can own outright, and applicants who meet the eligibility requirements can apply through the Korea Real Estate Board's Cheongyakhome portal.
One feature of the offering is that buyers with low application scores also have a chance of winning. Because all of the units being offered are 60 square meters or smaller in exclusive area, 60% of the general supply is allocated by lottery.
The fact that sales come after completion is also notable. With construction already finished, prospective buyers can inspect the actual building and the surrounding residential environment before applying. Move-in is scheduled for February next year, leaving a relatively short wait between purchase and occupancy.
The site also offers transport links. It is close to Nambu Terminal Station on subway Line 3, and residents can transfer to Line 2 at Gyodae Station to reach the business district around Gangnam Station. Access to major roads is strong as well, including Nambusunhwan-ro, Seochojungang-ro and the Seocho interchange on the Gyeongbu Expressway. Nearby landmarks include the Seocho-dong legal district, the Seoul Arts Center, the National Gugak Center and Mount Umyeon.
"This is a complex that combines Seocho-dong's locational competitiveness with the price cap on new homes, lottery-based supply and an early move-in date," a Lotte E&C sales official said. "We expect interest from owner-occupier buyers such as young professionals starting their careers and newlyweds who are considering buying a newly built apartment in the Gangnam area."