Wirye Newstay to Convert to Ownership in November… Soaring Housing Prices Spark Conflict Over Sale Prices

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‘e-Pyeonhansesang Terrace Wirye,’ the first New Stay complex nationwide to see its mandatory rental period end, will begin the sale process this coming November. Although the rental period was extended last November because sale criteria could not be determined after the mandatory rental period expired, the so-called conversion to ownership method has finally been decided after approximately eight months. A preferential purchase opportunity will…