On November 6 last year, the Ministry of Land, Infrastructure and Transport announced the removal of parts of Goyang and Namyangju in Gyeonggi Province and three districts in Busan from the regulated areas, sparking a heated surge in the new real estate sales market in those regions.
Once removed from the regulated areas, the required subscription period for housing subscription savings accounts in those regions is reduced from 2 years to 6 months, and first-priority eligibility is expanded to include household members.
Meanwhile, Ilsan in Goyang City signed a mutual cooperation agreement last May with the Ministry of Land, Infrastructure and Transport and Korea Railroad Corporation regarding the extension of Ilsan Station. The extension project of Incheon Subway Line 2 and the extension of Daegok and Sosa Lines to Ilsan Station are expected to improve the transportation network. Additionally, the opening of the metropolitan area express railroad (GTX) Line A is underway, which is expected to accelerate growth centered on various metropolitan transportation networks.
Amid growing interest due to successive favorable developments in the Ilsan area, Sambutogeon has launched ‘Juyeop Station Samburenaissance’ in Juyeop-dong, Ilsanseo-gu, offering 551 officetel units along with commercial facilities. The exclusive area ranges from 13 to 49㎡, supplied only in small sizes that are currently preferred, with interest-free interim payments and first-come, first-served selection of building and unit numbers.
Juyeop Station Samburenaissance applies full-furnished and built-in systems, which are being adopted by most newly built apartments recently, reducing initial move-in costs for newlyweds and 1-2 person households. It is a rare residential-type officetel with the same floor plan structure as apartments.
It is the first officetel in Ilsan directly connected to the subway station. If the Incheon Line 2 extension project proceeds as planned, it will connect to GTX KINTEX Station, allowing travel to Gangnam Samsung Station in 20 minutes, offering a premium double-station railway transportation network.
Nearby the complex are abundant demand sources such as CJ Life City, Broadcasting and Video Content Valley, and Ilsan Techno Valley. In addition, various lifestyle convenience facilities such as Grand Department Store, Hyundai Department Store, Big Market, E-Mart Town, and government offices have been established, enhancing residential satisfaction. It also includes all key residential elements with easy access to Gangseon Park, Juyeop Park, and Ilsan Lake Park, which represents Ilsan.
A representative of Samburenaissance stated, “With successive development benefits, the inflow and floating population in Goyang City are increasing, leading to many inquiries from investors about income-generating real estate due to regional economic revitalization.” He added, “As prices of Ilsan properties are rising daily, inquiries from actual residents and investors about new sales have significantly increased.”
Meanwhile, more detailed information and inquiries about Juyeop Station Samburenaissance can be made at the model house located in Daehwa-dong, Ilsanseo-gu, Goyang City, Gyeonggi Province. Visitors who make a reservation and visit the model house will receive a department store gift certificate worth 30,000 KRW.
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