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Rare Office-tel with Prestigious Nowon School District 'Nowon Station Bomi The Class' for Sale

Rare Office-tel with Prestigious Nowon School District 'Nowon Station Bomi The Class' for Sale


It has been announced that ‘Nowon Station Bomi The Class,’ a 20-story building set to be the tallest in Nowon, will be offered for sale in Sanggye-dong, Nowon-gu, Seoul.


This officetel, with over 200 units, marks the first supply of this scale in the area in 17 years. Nowon Station Bomi The Class is expected to form a premium market, attracting attention not only for its residential value but also for its potential to command relatively high rental rates, drawing the gaze of Nowon-gu residents who had been looking toward other real estate markets.


According to local real estate agents in Nowon-gu, Sanggye-dong is an area with many office workers, but the residential facilities are aging and the supply of officetels has been limited. Therefore, this project is anticipated to act as a much-needed relief to the severe supply shortage experienced so far.


Located in Sanggye-dong, Nowon-gu, Seoul, Nowon Station Bomi The Class boasts ultra-high-rise views, direct benefits from various development projects, abundant living infrastructure, reasonably priced units compared to nearby market prices, excellent transportation networks including double subway station access, and a specialized ‘Nudarak’ design that maximizes usable space to meet the needs of single-person households, all of which have received favorable reviews.


Nowon Station Bomi The Class, which has secured the Nowon Station area?a hub for administration, economy, culture, sports, and transportation in northern Seoul with well-developed government offices and commercial zones?offers convenience with numerous nearby lifestyle amenities.


Shopping facilities such as Lotte Department Store and Changdong Hanaro Mart, cultural venues like Youth Street, and administrative offices including Nowon-gu Office and Nowon-gu Public Health Center are adjacent, providing excellent living conditions. Medical facilities such as Sanggye Paik Hospital and Eulji Hospital are also easily accessible.


Moreover, it is located within the prestigious Nowon school district, known as one of Seoul’s top three educational zones. Along with Hagye-dong, Sanggye-dong is one of the most education-focused areas in northeastern Seoul, surrounded by numerous elementary, middle, and high schools, and supported by a well-established academy infrastructure, creating a stable study environment.


The project site in Nowon-gu is expected to have significant future value as various development projects, including the ‘Seoul Arena,’ ‘Startup Culture Complex,’ and ‘Complex Distribution Center,’ are accelerating.


Additionally, a transfer station linked to the GTX-C line (Metropolitan Area Express Railway) is planned, and the Changdong Station complex transfer center and the relocation of the Changdong subway train depot are underway. Based on these development benefits, Nowon Station Bomi The Class is expected to offer opportunities to enjoy not only the current advantages of Nowon but also its future vision.


Situated in the double station area of Nowon Station, where Lines 4 and 7 intersect, Nowon Station Bomi The Class is just a one-minute walk from the subway, adjacent to Dongbu Expressway, and offers excellent transportation conditions with easy access to the Seoul Ring Expressway.


With the ‘GTX-C Changdong Station Complex Transfer Center’ scheduled to begin construction in 2022 under the national balanced development five-year plan, even more revolutionary improvements in transportation are expected in the future.


A representative of Nowon Station Bomi The Class stated, “As a newly introduced officetel in an area where new supply has been limited, a solid tenant demand has already been secured. With the surrounding development projects gaining momentum, we expect the sales to close early. As the government continues to announce strong regulations centered on the housing market, the officetel market is being re-evaluated. Therefore, we anticipate that the sales of Nowon Station Bomi The Class, a new officetel located in a prime area of Seoul, will proceed successfully.”


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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