The Suwon Station Hessen Smart Hive office section officetel, supplied within the golden block of Suwon Station Area 1 District, which is gaining attention as an investment hotspot in Suwon City, is drawing significant interest among investors.
Scheduled to open in October, Suwon Station Hessen Smart Hive has become a hot topic as news of its supply in Suwon Station Area 1 District spreads, known for its location that lacks nothing in terms of transportation, mall proximity, living infrastructure, and demand base.
Additionally, the advantage of being an office section officetel is also considered an attractive point. Unlike general office facilities, it offers floor heating and cooking capabilities, access to a private bathroom, and the unique characteristic of an office section officetel that allows 1-2 persons or small entrepreneurs to enjoy both office benefits and residential use, distinguishing it from other income-generating real estate.
Moreover, it is freer in terms of taxation and regulations compared to other products. It is not included in the housing count, which is a sensitive issue for real investors, and subscription savings accounts can also be used. Furthermore, acquisition tax and capital gains tax are exempted from surcharges, and comprehensive real estate tax is also excluded from aggregation. Unlike knowledge industry centers, there are no business restrictions, allowing for a broader demand base, and small-scale real investment through loans is possible, making it ideal as income-generating real estate.
Near the project site, the largest automobile complex in Korea, Deutsche Autoworld, as well as SK Brand’s first automobile complex sales complex, SK V1 Motors, are being established. With the large-scale automobile complex coming in, the economic ripple effect is expected to be significant, creating over 10,000 jobs and attracting tens of thousands of visitors annually.
Additionally, the smart city "Smartpolis," combining advanced industries and high-quality living culture, is planned for development. On the site of the relocated Suwon Air Force Base, Smartpolis will cover a total area of 5.22 million square meters, including about 25,000 residential units, commercial facilities such as department stores and marts, and R&D, medical, and educational facilities. It is expected to generate about 64,000 jobs and approximately 8.5 trillion KRW in production inducement effects.
Also, the newly opened Hwahoong Hospital, a university hospital-level general hospital with 400 beds, is located nearby, providing convenient access to high-quality medical services with 24-hour emergency care and medical staff from Seoul National University and Yonsei University. Furthermore, one-stop shopping life is available, connected to Suwon Rodeo Street and Suwon Station Transfer Center, with three large Lotte Town shopping malls including Lotte Mall, Lotte Department Store, and Lotte Mart, making it convenient to enjoy cultural life.
Especially, with the upcoming KCC Mall, Suwon Hwaseo Starfield, and the Rodeo Street with a daily floating population of 500,000 nearby, residents can enjoy not only mall proximity but also privileged living culture.
In addition, convenient transportation networks are established with access to three lines including Line 1 Suwon Station within walking distance, Bundang Line, and KTX. Particularly, once the GTX-C Line (planned) opens, it will be possible to reach Gangnam in about 20 minutes, greatly improving accessibility to Gangnam. Moreover, Suwon Station Transfer Center is located nearby, allowing convenient bus travel throughout Suwon using 52 bus routes.
A representative of Hessen Smart Hive stated, “As the number of 1-2 person households continues to increase and the government’s support lowers the barriers for small-scale startups, the value of small office facilities is rising accordingly, with office section officetels gaining particular popularity. Also, due to the requirement of having a constant abundant rental demand from small businesses to large corporations, and the unique characteristics and rarity that apply only in certain areas, this project is expected to achieve successful sales with various premiums and high scarcity.”
Meanwhile, Suwon Station Hessen Smart Hive will supply 306 officetel units and first and second-class neighborhood living facilities on blocks 7-1, 2, and 3 of the Station Area 1 District in Seodun-dong, Gwonseon-gu, Suwon. The complex will support business spaces such as FAX rooms, talking rooms, and small conference rooms to be used simultaneously as living and business spaces.
Additionally, a terrace caf? and an open rooftop garden for residents’ relaxation, as well as a pleasant small resting area in the publicly accessible space on the first floor, along with convenience facilities such as a washroom and an unmanned market, will be installed.
It also offers an attractive environment with open views and scientifically designed flow lines, equipped with smart home security systems including smart door locks, access control, visitor video calls, and in-home video monitoring.
More detailed information about the Suwon Station Hessen Smart Hive officetel, scheduled to open in October, can be found on the official website.
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