- Yongsan Station, Gangbyeonbuk-ro, and Olympic-ro Nearby 'Convenient Transportation Environment'
- Yongsan Park Development, GTX A and B Lines, etc... Expecting Rich Future Value through 'Yongsan-type New Deal Policy'
Officetels located in the heart of Seoul are gaining great popularity among demanders. This is because various living and work infrastructures, along with a solid transportation network, are excellent, promising convenience in residence.
In particular, locations with double or multiple subway lines are highly regarded for their excellent accessibility to other areas and the ability to move quickly anywhere within Seoul. Along with convenient transportation, large-scale commercial and business infrastructures are being established, transforming these areas into landmark districts.
Representative examples include the areas around Gongdeok Station and Wangsimni Station. According to Real Estate 114, Gongdeok-dong in Mapo-gu, where Gongdeok Station?served by Subway Lines 5 and 6, the Gyeongui-Jungang Line, and the Airport Railroad?is located, saw an average house price increase of 27.7% over the past two years.
Amid the popularity of subway line-adjacent officetels, the currently thriving pre-sale project ‘Yongsan Central Foret’ is attracting attention. This complex is planned to be built in Yongsan-gu, Seoul, consisting of two buildings from basement level 1 to ground level 14, with a total of 100 units including 72 officetel rooms and 28 urban-type residential units.
Boasting a Quadruple Subway Line Location in the Heart of Seoul... ‘Yongsan Central Foret’ Enables Fast Travel Anywhere in Seoul
‘Yongsan Central Foret’ offers access to a total of seven subway lines including Seoul Station (Lines 1 and 4, Gyeongui-Jungang Line, Airport Railroad, KTX), Namyeong Station (Line 1), Sookdaeipgu Station (Line 4), Gongdeok Station (Lines 5 and 6, Gyeongui-Jungang Line, Airport Railroad), Aeogae Station (Line 5), and Hyochang Park Station (Line 6, Gyeongui-Jungang Line), allowing rapid travel anywhere in Seoul.
Additionally, the complex is close to Seoul Station and Yongsan Station, which are central to the upcoming Metropolitan Area Express Railway (GTX) Lines A and B. Once development is complete, accessibility within the metropolitan area is expected to improve further. Notably, the Shinbundang Line, which currently runs from Suwon Gwanggyo Station to Gangnam Station, is planned to be extended to Yongsan, with an opening target of 2025. The opening of this line is expected to further enhance accessibility within the metropolitan area.
Rich Living Infrastructure and Abundant Development Prospects Highlight ‘Yongsan-type New Deal’
‘Yongsan Central Foret’ is located near Hyochang Park, which spans approximately 160,924 square meters, providing a pleasant natural environment.
Moreover, large commercial facilities such as E-Mart, Lotte Mart, and I’Park Mall around Seoul Station and Yongsan Station, along with various convenience facilities within a 1 km radius, make the living conditions very convenient.
There are high expectations for the ‘Yongsan-type New Deal’ project due to abundant development prospects. The area between Seoul Station and Yongsan Station, close to the site, is planned for undergrounding of the aboveground railway and development of a complex transfer center. Additionally, vacant land in the northern Seoul Station area between Seoul-ro and Yeomcheon Bridge is planned to host hotels, offices, and officetel residences, further improving residential conditions.
Especially, ‘Yongsan Park,’ scheduled for completion in 2024 and currently under construction nearby, will enhance green infrastructure. Recently, the park’s area was expanded to about 3 million square meters by incorporating the former Defense Acquisition Program Administration site of 95,600 square meters, including the planned new site for the National Police Agency facilities on the north side (13,200 square meters, relocated near Yongsan Station). This size is equivalent to about 400 international standard soccer fields (7,140 square meters each) and even larger than Yeouido’s area (2.9 million square meters).
A sales official explained, “The Yongsan-gu area where ‘Yongsan Central Foret’ is located is undergoing various developments such as transportation and parks, resulting in high future value due to improved residential environments. With a quadruple subway line location including Hyochang Park Station and Yongsan Station, public transportation use is convenient, and it is possible to reach major business districts in Seoul within 30 minutes by car, so high interest is expected mainly from actual users.”
The model house for ‘Yongsan Central Foret’ is located in Yongsan-gu.
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