- Securing Rental Income Stability with Commercial Properties Near Subway Stations and Schools
▲ Aerial view of Hanmi Plaza, a commercial building at Deokgye Park Intersection in Yangju owned by Hanmi Financial Group
Hanmi Financial Group (Chairman Kim Jae-dong), a real estate investment specialist company, announced that it is offering Hanmi Plaza, located at the corner of Deokgye Park Intersection in Yangju New Town, for sale or lease as a whole.
According to the company, Yangju New Town is a rapidly growing area, with the recent decision to establish Hoejeong Station between Deokgye Station and Deokjeong Station on the Gyeongwon Line. Both Hoecheon District and Okjeong District have high subscription competition rates for newly built apartment complexes, and new metropolitan transportation networks facilitating easy access to Seoul are planned, attracting strong interest from investors.
Hanmi Plaza in Yangju New Town offers stable rental income and potential capital gains, along with various favorable conditions.
Hanmi Plaza, a commercial building with abundant floating and resident populations, is located within a 5-minute walk from Deokgye Station on Line 1, providing excellent public transportation accessibility, and has established itself as a landmark at Deokgye Park Intersection.
The commercial building has a total floor area of approximately 1,062 pyeong, consisting of one basement floor and four above-ground floors in a street-type multipurpose commercial structure. Based on the building coverage ratio and floor area ratio permitted at the time of construction approval, two additional floors can be added, enabling the creation of additional revenue streams. Equipped with a hospital elevator, it can accommodate hospitals, clinics, rehabilitation centers, and Korean medicine hospitals. It is also suitable for businesses requiring large spaces such as academies, electronics specialty malls, financial institutions, exhibition halls, and large supermarkets.
A site official stated, “The adjacent Daebang Noble Land complex has completed sales based on high subscription rates, so the floating population is expected to continue increasing.” Furthermore, “Surrounded by apartment complexes such as Yangju Geumgwang Poranchae, Shinwoo Apartments, and Hanju Apartments, and located near Deokgye Elementary, Middle, and High Schools as well as Deoksan Elementary School, it is expected to be viable as a commercial property in a school district.”
Additionally, the Yangju Administrative Town and station area development projects are underway, and with the new Seoul Milk factory and the scheduled groundbreaking of Yangju Technovalley (2022), an increase in resident and surrounding populations is anticipated.
Accessibility to Seoul is also ensured via the GTX-C line of the Metropolitan Express Railway, and the extension of Line 7 (Dobongsan-Okjeong) is scheduled to open in 2024.
For inquiries regarding Hanmi Plaza at the corner of Deokgye Park Intersection in Yangju, contact can be made through the Hanmi Real Estate website operated by Hanmi Financial Group and the professional consultation center.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
