Namyangju Dasanseum Plaza, Commercial Space for Sale in Front of Hyundai Premium Outlet Main Entrance

- Planned as an all-in-one space for eating, enjoying, and experiencing

The real estate market is experiencing a downturn due to the government's stringent real estate regulations. Transactions of residential real estate products such as apartments are decreasing.

On the other hand, commercial real estate transactions have surged significantly, attracting concentrated investment demand. Frequent announcements of housing regulations have caused liquidity to flow into commercial real estate.

The industry expects interest in commercial real estate to continue rising steadily for the time being.

Meanwhile, "Dasan Seum Plaza," a commercial complex with 52 units spanning from two basement floors to five above-ground floors on a 1,484.50㎡ site in Dasan-dong, Namyangju, a key city in the northeastern metropolitan area, is currently being offered for sale. It is located right in front of the main gate of Namyangju Hyundai Premium Outlet, which opened on November 6.

The advantage of Seum Plaza is that, as it is located in a key city in the northeastern metropolitan area, it has abundant hinterland demand. Additionally, a large-scale premium outlet forms a specialized commercial district, and with the planned occupancy of knowledge industry centers and public offices nearby, as well as the formation of various anchor facilities, fixed demand is expected to increase further. A Starbucks Drive Thru is also planned next to the building.

The recently opened Namyangju Hyundai Premium Outlet is a mammoth-scale complex with a total area of 83,969㎡ and a sales area of 59,500㎡. It is expected to attract about 10 million visitors annually not only from Namyangju but also from eastern Seoul, Guri, Byeollae, Yangpyeong, and Gapyeong. It is anticipated to establish itself as a representative commercial district of the region. Industry insiders say that Dasan Seum Plaza’s rare location right in front of the Hyundai Premium Outlet’s main gate is expected to command a premium.

Furthermore, with the nearby Blue Whale Phase 1 and 2 knowledge industry centers, the largest Hyundai Premier Campus knowledge industry center in the country, and public offices scheduled to move in, the area is expected to have abundant demand from both foot traffic and related industry workers, forming a vibrant commercial district active 365 days a year.

Since its initial development, Dasan New Town’s accessibility to Seoul has greatly improved. Using the Jungang Line and the planned Line 8, one can reach Jongno and Jamsil within 30 and 20 minutes respectively. Additionally, the GTX-B line is scheduled to open, which will allow travel from Pungyang Station to Seoul Station in under 20 minutes.

A sales representative explained, "Dasan Seum Plaza is a rare commercial district strongly supported by a complex mix of local residents, office workers, and demand both inside and outside the outlet. It will be developed as an all-in-one space where various people can eat, enjoy, shop, and experience."