When Large Corporations Enter, Population Influx Increases and Local Economy Develops, Leading to Rising Real Estate Market Value... Large Corporations and Industrial Complexes Generate Strong Demand, Attracting Both Actual and Investment Interest
The halo effect of large corporations is shining in the real estate market. Complexes located near large corporations are gaining popularity across the board, including residential facilities such as apartments and officetels, as well as commercial facilities and knowledge industry centers. When a large corporation is in the background, various positive economic effects are triggered, and the overall value of local real estate also rises.
Large corporations have a significant number of employees alone, and related partner companies gather around, greatly increasing the demand in the area. Additionally, since the income level of workers is generally high, many are active in purchasing homes or investing in real estate, which is advantageous for market revitalization.
Moreover, when a large corporation is established, surrounding infrastructure such as transportation is often expanded to improve work efficiency. New commercial districts may also form nearby, enhancing convenience in daily life.
As various economic effects such as job creation, increased tax revenue, and regional economic revitalization continue, real estate prices also rise. Therefore, in local areas where the number of jobs is insufficient compared to the metropolitan area, the effect of large corporations is maximized.
For these reasons, local real estate markets with planned large corporation developments attract great interest from the pre-sale stage. For example, 'Hillstate Mojong Neoluche' supplied by Hyundai Engineering in Asan Mojong 1 District, Asan-si, Chungnam, closed its first priority subscription on the 28th of last month with a high competition rate of up to 127.1 to 1 and an average of 61.3 to 1. Samsung Electronics plans to invest about 13 trillion won in the Asan Samsung Display Tangjeong plant by 2025, and the expectation of future value increase is analyzed to have brought about such results.
Meanwhile, a new apartment sale is scheduled in Chungju-si, Chungbuk, where the attraction of a large corporation has been confirmed, drawing attention. It is ‘Chungju Moa Miraedo,’ which Moa Construction plans to sell at the end of this month.
This complex will be located in Chungju-si, Chungcheongbuk-do, consisting of 4 buildings from 2 basement floors to a maximum of 30 floors above ground, with a total of 380 households. It is a mixed-use complex combining apartments, officetels, and commercial facilities. By type, the apartments consist of 164 units of 59㎡ exclusive area and 166 units of 84㎡, and the officetel consists of 50 units of 49㎡ exclusive area. All units are composed of sizes preferred by actual users, which is expected to attract high interest.
Chungju-si, where the complex is located, has confirmed the relocation of Hyundai Elevator’s headquarters and factory. After the groundbreaking of the new factory last year, efforts are being accelerated with the goal of completion by May next year. Hyundai Mobis of Hyundai Motor Group also announced a vision to invest 7.6 trillion won by 2030 to produce hydrogen vehicles at the Chungju plant and increase hydrogen vehicle production capacity to 500,000 units annually. It is highly evaluated for investment value as it has the optimal environment to enjoy the large corporation effect.
The location, which allows convenient access to various infrastructures, also adds competitiveness. The complex is planned to be built along Aehyang-ro and Jungwon-daero, making road network use convenient. It is easily accessible to and from the city via National Road No. 19, Jungbu Inland Expressway, Chungju IC, and Bukchungju IC. In particular, National Road No. 19 quickly connects to Chungju Advanced Industrial Complex and Chungju Enterprise City, providing excellent commuting convenience. Within a 1 km radius, Chungju Station and Chungju Express Bus Terminal are also located, offering an excellent wide-area transportation network.
Nearby, various convenience facilities such as E-Mart, Lotte Mart, Chungju Pungmul Market, Megabox, public health center, Semyung University-affiliated Chungju Oriental Medicine Hospital, and Konkuk University Chungju Hospital are established. Rodeo Fashion Street and Food Town in Seongseo-dong are also nearby, making daily life convenient.
In addition, Hoamji Ecological Park and Hoam Wetland, Chungju Sports Complex, National Sports Center, Municipal Library, Daeje Reservoir, Public Stadium, Tangeum Lake Tourist Cruise (scheduled to operate in June), and Chungju Dam are all close by, providing various leisure and cultural facilities. There are also various golf courses, promising a relaxed lifestyle.
Abundant development benefits should also be noted. The construction of the National Chungju Museum and the Chungju Apple Tree Theme Park project are planned nearby. This is expected to improve living infrastructure and expand demand.
Excellent design that enhances living satisfaction is also an advantage. As a high-rise complex with up to 30 floors, which is rare in the surrounding area, it is expected to become a new landmark at the entrance of Chungju-si and Bongbang-dong. The entire complex is mainly oriented southeast, providing excellent lighting and ventilation.
Specialized designs are applied by type, maximizing spacious storage space, and compared to the same area, space utilization is excellent. The interior space, decorated with high-quality interiors, is also noteworthy. In addition, cutting-edge digital and security systems are applied to enhance convenience and safety. Various community facilities such as a fitness center, daycare center, and senior citizens’ center will be established. Commercial facilities will also be developed within the complex, mainly consisting of lifestyle-oriented businesses, allowing for a one-stop life.
The construction company, Moa Construction Co., Ltd., is a solid and excellent company that has supplied more than 31,000 apartment units over the past 30 years, ensuring project stability.
The Chungju Moa Miraedo model house is located near Chungju-si, Chungcheongbuk-do, and is scheduled to open this month, followed by full-scale sales.
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