The sale of ‘JS496 Tower,’ which is highly praised for its excellent proximity to work centers with easy access to subways and public transportation, is currently underway.
Constructed by Geumhwa Construction Co., Ltd., JS496 TOWER maximizes residential satisfaction with premium duplex units and specialized balcony designs applied to all units. The complex consists of 106 units of 1.5-room officetels, 44 studio units, and 34 commercial spaces (from basement level 1 to the 3rd floor) within a building spanning from 5 basement levels to 14 floors above ground.
The officetels feature three innovative floor plans: 29㎡ Type A/B and 18㎡ Type C. Full options are provided indoors to maximize residential satisfaction, and a secure smart security system is fully equipped. For commercial spaces, the first floor will host recommended businesses such as pharmacies, convenience stores, coffee shops, and franchises, while the second floor will include recommended businesses like internal medicine and pediatrics clinics.
For officetels, sales are currently available on a first-come, first-served reservation basis, and for commercial spaces, a 10% reservation deposit (excluding VAT) of the sale price must be paid in advance. Additionally, with a 10% down payment and a 60% interest-free installment plan until move-in, the initial financial burden is minimized.
Located at the prime intersection corner of Shingil Redevelopment Promotion District 9 (236 Shingil-dong, Yeongdeungpo-gu, Seoul, plus 4 other lots) in the heart of Shingil New Town, JS496 Tower is just a 5-minute drive from Guro Digital Valley, Gasan Digital Valley, large-scale office facilities, and Yeouido, the financial district, securing strong officetel rental demand.
Therefore, it can accommodate approximately 500,000 rental demands from Yeongdeungpo, Yeouido, and Gangnam areas, minimizing concerns about vacancies. It is also located within a 5-minute walk from Sinpung Station on Subway Line 7 and the confirmed Shinansan Line, with a light rail (Sinlim Line) planned at the Navy Hall intersection, further enhancing its future value.
JS496 TOWER, adjacent to the central commercial district of Shingil New Town and Yeongdeungpo’s main commercial area, offers a lifestyle within three stops to Yeouido and 20 minutes to Gangnam, situated on a one-stop gold line. Residents can easily enjoy various amenities nearby, including Times Square, D-Cube City, Lotte Department Store, Homeplus, E-Mart, and cinemas.
Moreover, the Shingil Redevelopment Promotion District project (approximately 300,000 pyeong / about 20,000 households), planned as the central commercial area of Shingil New Town, is actively progressing. With continuous development of transportation infrastructure and green spaces aimed at strengthening self-sufficient living bases, sustained value appreciation and premium formation are expected.
Especially in the era of ultra-low interest rates near 0%, interest in the real estate market has surged. Unlike the increasingly regulated housing market, the officetel and commercial space sales markets are experiencing a favorable trend, leading to a steady flow of visitors to the JS496 Tower sales office seeking actual contracts, according to sales office officials.
A sales representative stated, “JS496 Tower, located at the prime intersection corner of Shingil New Town, has attracted significant interest even before sales began due to its solid rental demand, great future value, and product quality. We expect both officetels and commercial spaces to sell out quickly.”
Operated by Mugunghwa Trust Co., Ltd. as the project trustee to enhance reliability, the JS496 Tower sales office is open on the 1st floor of the Mokdong Rodeo Building, 203 Mokdong-ro, Yangcheon-gu. For inquiries, please contact the main phone number.
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