- Adjacent to Seoul Songpa, Wirye, and 3rd Gyosan New Town... Ideal work environment offering convenience and comfort
- Hyundai Terra Tower Gam-il, the first knowledge industry center in Gam-il District, expected to secure symbolic status as the top office facility in Gam-il District
Convenience of living in the Seoul metropolitan area, and the pleasant environment unique to planned residential districts. There is a place where you can enjoy these two advantages while living and even running a business. This place, directly adjacent to Songpa-gu, Seoul, is Gam-il District.
Gam-il District is located between Songpa-gu, Seoul Outer Ring Expressway, and Wirye New Town. When using a private car, it is possible to reach nearby Olympic Park and Jamsil within 10 minutes. It borders Buk-Wirye, making it easy to access convenience facilities such as Wirye Starfield, and residents can also easily use the living infrastructure in Munjeong-dong and Garak-dong.
Although Gam-il District administratively belongs to Gyeonggi-do Province, its geographical location can clearly be considered part of Songpa. This is why many real estate experts refer to Gam-il District as part of the Songpa living area.
Demanders who have recognized the convenience of being adjacent to Seoul and the pleasantness of a planned residential district quickly swept up apartment listings, causing rental properties in the area to be rapidly depleted and prices to rise sharply. A real estate agent explained, "Gam-il District is adjacent to Geoyeo, Macheon, and Wirye New Town, so it is not far from the existing living radius within Seoul, which reduces the burden, and the rental prices are reasonable, so the listings were quickly exhausted."
Recently, as the concept of work-life balance and proximity to workplaces has become important, the value of residential complexes centered on apartments has increased, and interest in office facilities has also risen accordingly. In particular, despite its geographical location adjacent to Songpa-gu, Seoul, Gam-il District is relatively affordable while sharing the same infrastructure, which creates the perception that it is a good place for businesses.
Although the supply of office facilities is still in its early stages and it is difficult to predict how much the value will increase, interest in the first knowledge industry center being supplied in Gam-il District is growing even more.
Following Munjeong-dong in Songpa-gu, Seoul, after about five years, a new knowledge industry center in the Songpa living area is being supplied. However, as the first supply product, it is competitively priced, and the nature of the knowledge industry center lowers the initial burden.
Moreover, for actual users operating businesses in the knowledge industry center, tax benefits such as property tax reduction (37.5%) and acquisition tax reduction (50%) are available, making it possible to operate a business by settling in Gam-il District, which is part of the Songpa living area.
- The first knowledge industry center in Gam-il District, ‘Hyundai Terra Tower Gam-il’
The supply of the first knowledge industry center in Gam-il District has just begun. The first provider is Hyundai Engineering with ‘Hyundai Terra Tower Gam-il’.
‘Hyundai Terra Tower Gam-il’ is located on Block 4 of the self-sufficient facility site in Gam-il District, Songpa living area, with a scale of about 57,000 square meters, consisting of a knowledge industry center, commercial facilities, and sports facilities, from 4 basement floors to 8 above-ground floors.
When viewed from a business perspective rather than residential conditions, Gam-il District boasts easy access to Gangnam, Pangyo, and other areas densely populated with large corporations, IT companies, startups, and research centers. Additionally, it is easy to move to Wirye New Town, the 3rd phase Gyosan New Town, and Godeok Gangil District. By car, it takes about 10 minutes to travel between Jamsil, where Lotte World Tower is located, Wirye New Town, and Munjeong-dong. It also has transportation conditions that allow travel to SRT Suseo Station, Gangnam Station on Line 2 and the Shinbundang Line, and Pangyo Station on the Shinbundang Line within about 20 minutes.
Unlike previously supplied knowledge industry centers, ‘Hyundai Terra Tower Gam-il’ presents a new standard as an office facility with specialized design, differentiated location conditions, and the premium knowledge industry center brand ‘Hyundai Terra Tower’.
The knowledge industry center includes an open lounge (1st floor) in the main lobby for tenant company visitors to hold meetings, a sunken garden (basement 1st floor), and a rooftop garden. Considering the characteristics of industries and securing openness in workspaces, the floor height from the 2nd to 7th floors is 4.5 meters, and the 8th floor has a floor height of 5.0 meters, enhancing work comfort.
In particular, to solve the common parking difficulties faced by existing knowledge industry centers, ‘Hyundai Terra Tower Gam-il’ provides a spacious parking area that can accommodate 466 vehicles, which is 219% of the legal requirement (212 spaces), striving to create a stress-free parking and commuting environment.
Just as the value of apartments in Gam-il District is rising, an increase in the value of office facilities is also anticipated. This is because ‘Hyundai Terra Tower Gam-il’ is the first knowledge industry center located in a hub position connecting the 3rd phase new town, Gyosan New Town.
Therefore, ‘Hyundai Terra Tower Gam-il’ is expected to be an excellent alternative for corporate tenants considering business operations with an address in the Songpa living area, as well as for investors seeking new investment destinations beyond real estate regulations, offering a more competitive price.
‘Hyundai Terra Tower Gam-il,’ built by Hyundai Engineering, is currently undergoing official contracts. The promotional center, where sales information and consultations are available, is located at 114, 1st floor, Building C, SK V1 GL Metro City, 128 Beobwon-ro, Songpa-gu, Seoul (Munjeong Station).
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