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Opening of Seoul Munsan Expressway, Paju Unjeong New Town Commercial Complex 'World Tower 9' for Sale

Opening of Seoul Munsan Expressway, Paju Unjeong New Town Commercial Complex 'World Tower 9' for Sale


The Seoul-Munsan Expressway opened on the 7th. This expressway, which connects major hubs in the western inland area and prepares for the era of reunification, is the northernmost section connecting Iksan to Munsan. At the same time, it serves as a vertical axis expressway network in the northwestern Gyeonggi region, linking Incheon Airport, Gangbyeonbuk-ro, and the Seoul Metropolitan Area’s 1st Ring Expressway.


Using the Seoul-Munsan Expressway reduces travel time by about 40 minutes compared to Tongil-ro and about 10 minutes compared to Jayu-ro. In particular, for Paju City, the opening of the ‘New Town to Seolmun Connecting Road,’ which connects Unjeong New Town to the Goyang (Seolmun) IC on the expressway, is targeted for the first half of next year, so Paju residents are expected to use the metropolitan expressway network more conveniently.


As such, with the metropolitan transportation improvement measures becoming increasingly visible, many investors are paying attention to Unjeong New Town in Paju. Among them, the area benefiting the most is the Unjeong Station Central Commercial District, which attracted attention from the start with a total floor area of about 200,000 pyeong and construction costs in the 1 trillion won range.


The Unjeong Station Central Commercial District is the best commercial area in Paju City, located within a 5-minute walk from Unjeong Station on the Gyeongui-Jungang Line, making it a prime station area. Earlier this year, the Paju Court and Paju Registry Office completed their relocation to the complex administrative town, and with a large-scale 49-story shopping complex planned, the upward trend is expected to continue rising.


If you want to timely ride the rising trend of Unjeong New Town, you should pay attention to ‘World Tower 9.’ World Tower is already considered a guaranteed success in the Paju area. From World Tower phases 1 to 7 and 12, as well as World Stay, all have been sold out; currently, phase 9 is on sale, phases 10 and 11 are preparing for sale, and phases 13 and 15 are awaiting sales after construction has started.


World Tower 9, located around Waseok Sunhwan-ro in Paju City, was completed in March 2020. It is a large commercial building with the largest parking lot in the Unjeong New Town Central Commercial District, accommodating 193 vehicles from basement level 4 to ground level 12.


The first and second floors are neighborhood living facilities. On the first floor, well-known long-established restaurants with 30 years of tradition such as Manseokjang, Hinoyama, Yeonhui Danpatjuk, and Cafe Thin have completed leasing. Floors 3 to 10 house the Unjeong Oriental Medicine Cooperative Hospital, Parkview Dermatology, and Unjeong Nursing Hospital, all operating normally after opening. The 11th floor is a sports facility with the SDR Golf Academy, and the 12th floor is an office space with various offices already occupied. Currently, some spaces on the first floor and remaining units on the second floor are being offered in a final special first-come, first-served sale.


Meanwhile, located in the central commercial land of Unjeong New Town, ‘World Tower 9’ guarantees stable fixed rental income through a stable tenant composition and offers capital gains in conjunction with future commercial district development. Consultations regarding the final sale of World Tower 9 can be obtained by visiting the promotional center located on Waseok Sunhwan-ro in Paju.


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

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