Parkroche Seoul One Draws Top Bid Ratio of 20.5 to 1

Average 5.8 to 1; 4,469 Applications for 768 Units Differentiated by Hotel-Style Concierge and Medical Partnership Services

Finance|
|
By Cheon Min-ah
||
Park Roche Seoul One rendering. Photo courtesy of IPARK Hyundai Development - Seoul Economic Daily Finance News from South Korea
Park Roche Seoul One rendering. Photo courtesy of IPARK Hyundai Development

Parkroche Seoul One, a high-end wellness residential product developed by HDC Hyundai Development Company, recorded an average subscription ratio of 5.8 to 1, posting a solid result.

HDC Hyundai Development Company said Monday that its Parkroche Seoul One subscription, held on the 29th and 30th of last month, drew a total of 4,469 applications for 768 units. The highest ratio came in the 70-square-meter Group 2 category, where 739 applications flooded in for 36 units, marking a ratio of 20.5 to 1.

The complex will be built with two buildings ranging from three basement floors to 49 floors above ground, comprising a total of 768 units with exclusive floor areas of 70 to 80 square meters. It is a high-end residential product that applies the slow-life philosophy of "Parkroche Resort & Wellness" in Jeongseon, Gangwon Province, to an urban living space. Unlike existing luxury senior residences, it allows residents to enjoy high-end residential services without age restrictions, which analysts say attracted a broad range of demand from young high-income earners to middle-aged and older asset holders.

Residents are provided with hotel-style concierge services, Gourmet Galleria dining services, and healthcare services based on the premium fitness membership "Choice by Vant." Medical support services in partnership with Asan Medical Center and Nowon Eulji University Hospital, along with a smart healthcare system, will also be introduced.

The community facilities cover approximately 13,000 square meters. They will include a cafeteria, private dining rooms, a rooftop terrace, a wellness yoga zone, a fitness center, screen golf, and an open library. The winners will be announced on the 3rd, with formal contracts to be signed from the 7th to the 9th. Move-in is scheduled for July 2028.

Companies in this story

Original reporting by Cheon Min-ah for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
4:38
World News Day 2026 — Know the facts. Understand what matters. #ChooseTrustedJournalism

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Now live
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

SIGNAL English Edition is live — Korea's deal desk reporting in English. M&A, IPOs, private equity and fund flows, covered daily for global institutional investors. Browse free; subscriber-only scoops at the 50% intro rate.