"Good Transportation Convenience" Apartments Named 'OO Station' Continue to Be Popular

- Apartments with 'Station' in Complex Names Have Over 70% First-Choice Closing Rate in the Last 3 Years
- From January to April This Year, Apartments with 'Station' in Names Nationwide Exceed 84% First-Choice Closing Rate

Apartments with the name of a ‘station’ in their complex name are gaining popularity. These complexes, which directly or indirectly indicate access to subway, light rail, or high-speed rail stations, continue to sell out in pre-sale applications, setting new records for first-priority application closing rates over the past three years.

According to data analyzed by real estate research firm Realtoday, examining complexes launched nationwide from 2018 to 2020, there were 135 apartment complexes with ‘station’ in their names. Among them, 100 complexes succeeded in closing first-priority applications, showing a closing rate of 74%.

The first-priority closing rate, which was 70% (22 out of 31 complexes) in 2018, rose to 74.5% (38 out of 51 complexes) in 2019, and then steadily increased to 75.4% (40 out of 53 complexes) in 2020. Furthermore, from January to April this year, the first-priority closing rate for apartments with ‘station’ in their names nationwide was 84.2% (16 out of 19 complexes), continuing strong performance in the first half of the year.

A Realtoday official explained, “Having ‘station’ in the complex name allows potential buyers to immediately recognize that the complex offers access to subway, light rail, or high-speed rail. These complexes enable convenient travel within and outside the region using their respective transportation networks, and residents can enjoy various lifestyle amenities formed around these transit hubs.”

Major complexes with ‘station’ in their names are also scheduled to be launched in this year’s pre-sale market.

First, Hyundai Engineering plans to launch ‘Hillstate Yongin Gojin Station’ in June in Cheoin-gu, Yongin-si, Gyeonggi-do. The complex will be built with 22 buildings ranging from 4 basement floors (D2 block with 3 basement floors) to 30 floors above ground, comprising 2,703 households. The number of households per block is △D1 block with 1,345 households and △D2 block with 1,358 households. Through Everline Gojin Station, residents can transfer to the Suin-Bundang Line at Giheung Station and travel to Seoul and the metropolitan area. The complex also offers access to the Yeongdong Expressway Yongin IC and the soon-to-be-opened Metropolitan Area 2nd Ring Expressway and 2nd Gyeongbu Expressway. The complex features a 4Bay slab-type structure (except for some units) that provides good lighting and ventilation, and ample storage space designs such as dressing rooms and pantries (except for some units). It is adjacent to the Gorim district, where kindergarten, elementary, and middle school planned sites and a high school are located.

Dongbu Construction plans to launch ‘Jihaeng Station Centreville Parkview’ in June in Dongducheon-si, Gyeonggi-do. The complex will consist of 5 buildings from 1 basement floor to 20 floors above ground, with 314 households of 84㎡ exclusive area. It is a complex that can use Line 1 Jihaeng Station, and residents can also use commercial facilities formed around the station. It is close to public offices such as the health center and tax office.

GS Construction plans to launch ‘Pyeongtaek Jije Station Xi’ in June in Pyeongtaek-si, Gyeonggi-do. The complex will be built with 10 buildings ranging from 2 basement floors to 27 floors above ground, with 1,052 households of 59 to 113㎡ exclusive area. It is a complex that can use Pyeongtaek Jije Station, a transfer station for SRT and Line 1, allowing travel to Dongtan and Suseo Station via SRT. There is also a planned site for elementary, middle, and high schools near the complex.

Jinhung Enterprise and Hyosung Heavy Industries plan to launch ‘Bupyeong Station Harrington Place’ in June in Bupyeong-gu, Incheon. The complex will have 13 buildings ranging from 3 basement floors to a maximum of 45 floors above ground, with 1,909 households of 39 to 84㎡ exclusive area, of which 992 households will be offered to the general public. Residents can use Incheon Line 1 Dongsu Station and Bupyeong Station, a transfer station between Incheon Line 1 and Seoul Line 1. Nearby are convenience facilities such as Catholic University Incheon St. Mary’s Hospital.

Daewoo Construction will open a model house on the 4th for ‘Bukgu Office Station Prugio Eduforet’ in Buk-gu, Daegu Metropolitan City. The complex consists of 568 households, including 499 apartments with 78 to 84㎡ exclusive area and 69 officetel units with 84㎡ exclusive area. Residents can use Daegu Metro Line 3 Wondae Station and Bukgu Office Station. Nearby are Chimsan Elementary School, Dalsan Elementary School, Chimsan Middle School, and Daegu Il Middle School. Convenience facilities such as E-Mart, Homeplus, E-Mart Traders, Paldal Market, Daegu Complex Sports Town, and Opera House are also accessible.

Gyeongnam Enterprise plans to launch ‘Gangneung Station Gyeongnam Honorsville The Centro’ in August in Gangneung-si. Of the 461 households, 141 will be offered to the general public. Residents can use KTX Gangneung Station, and within a 1 km radius of the complex are schools such as Gyodong Elementary, Yulgok Middle, and Myeongryun High School. Medical facilities such as Gangneung City Health Center and convenience facilities including Homeplus Gangneung Branch, Dongbu Market, and Jungang Market are also accessible.