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Sale of 'Gayang Station The Live Honor Biz Tower,' the center of Line 9 double station area accessible on foot

Located in the double station area of Line 9, constructed with 5 basement floors to 15 above-ground floors, totaling 32,375㎡
Up to 80% low-interest loans, 50% acquisition tax, 37.5% property tax, and other tax reduction benefits provided

Sale of 'Gayang Station The Live Honor Biz Tower,' the center of Line 9 double station area accessible on foot

‘Gayang Station The Live Honor Biz Tower,’ a knowledge industry center built by SGC E-Tech Construction, is attracting attention by securing a double station area location within walking distance of Gayang Station and Jungmi Station on Line 9.


Located in the Gangseo-gu area of Seoul, ‘Gayang Station The Live Honor Biz Tower’ will be constructed with 5 basement floors and 15 above-ground floors, covering a total floor area of 32,375㎡. It will house 241 knowledge industry center units and 49 commercial facilities (neighborhood living facilities).


The knowledge industry center is designed as sectional offices that can be purchased according to company size, with a duplex layout (on some floors) featuring a loft-type structure to maintain spatial independence. Additionally, a garden on the 2nd floor and a rooftop garden are provided to offer psychological stability and healing value through nature, responding to the spread of non-face-to-face culture.


The commercial facilities are inspired by New York style, with arched windows and vintage brick designs applied to the lower floors. They are designed as street-facing units overlooking Yangcheon-ro, a major road with high vehicle traffic. Within a 1km radius, approximately 14,000 households are densely populated, which is expected to activate the commercial district.


The Gangseo-gu area of Seoul, where ‘Gayang Station The Live Honor Biz Tower’ is located, belongs to the ‘Seoul Business Cluster,’ which connects △ Magok District, a rising high-tech industrial zone △ Sangam DMC, an IT technology and media industry hub △ Guro G-Valley, a center for small and medium venture businesses △ Yeouido, a financial infrastructure hub.


It is within walking distance of Gayang Station and Jungmi Station on Subway Line 9, which provide convenient access to Yeouido and Gangnam. Through Olympic-daero, Gangbyeonbuk-ro, and Gayang Bridge, it is possible to reach Sangam DMC as well as Yeouido and Gangnam. Additionally, Airport-daero allows access to Gimpo International Airport and Incheon International Airport.


The complex is a non-residential product under the Housing Act, so it is not subject to subscription regulations, resale restrictions on pre-sale rights, or increased capital gains tax. In line with the characteristics of a knowledge industry center, low-interest loans of up to 80% of the sale price are available, and tax benefits such as a 50% acquisition tax reduction and a 37.5% property tax reduction under Article 58-2 of the Local Tax Special Cases Act can also be received.


The sales promotion center of the complex breaks away from the crowded and flashy indoor format, offering a professional and sophisticated lounge section. It combines digital media and art (artworks) to create an atmosphere reminiscent of an art gallery. In particular, detailed information related to sales can be accessed through digital media.


A sales official explained, “With space designs that can be purchased according to company size and a double station area location that facilitates business mobility, we expect this knowledge industry center to meet the needs of the office market.”


The sales promotion center for ‘Gayang Station The Live Honor Biz Tower’ is located in Gangseo-gu, Seoul.


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

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