- Lifestyle accommodation facilities, spotlighted as niche products free from various regulations unlike officetels
- 'Forestian' maximizes value through business agreement with Korea's largest specialized management company 'Handys'
‘Forestian,’ supplied in Dangjin, a logistics hub in Northeast Asia with abundant demand, is maximizing investment value through a business agreement with ‘Handys,’ the largest professional entrusted operator in Korea.
Entrusted operation refers to taking full responsibility for entrusted management, facility management, internal management, rental operation, and various marketing activities for real estate intended for lodging business. From the perspective of buyers, it is a preferred trend as it allows stable profits. However, as the number of residential lodging facilities increases, entrusted operators have also proliferated, so careful selection of entrusted operators is necessary when investing.
Among them, ‘Handys,’ the largest entrusted operator in Korea, is recognized as a company that maximizes the investment value for buyers. It participates from the design stage to implement an optimized system for operation at minimal cost, presenting an operation system that satisfies both developers and owners. In particular, based on advanced IT technology and operational capabilities ahead of other companies, it has signed business agreements with more than 10 global channels domestically and internationally.
Specifically, it is responsible for all operations from room setup to platform registration and reservations, as well as transparent profit settlement. It has a system that can increase customer profitability by minimizing costs through operation and facility management using smart devices.
Notably, there are no toxic clauses such as non-termination of entrustment or priority profit distribution to entrusted operators, allowing termination at any time. Buyers who have signed entrusted operation contracts are also granted an annual 10-night free usage benefit at all Urban Stay branches operated by ‘Handys.’ Additional benefits such as car-sharing service, electric scooter service, IoT service introduction, and high-end hotel concierge services will also be provided.
With a stable operation system in place, it is highly regarded in the industry. In fact, Airbnb has exclusively selected ‘Handys’ as its entrusted operator in Korea, and other companies such as Yanolja and Hanwha Hotels & Resorts have also signed business agreements, enhancing its value.
Additionally, ‘Forestian,’ a residential lodging facility, is attracting attention as a profitable product because it allows free investment unlike apartments or officetels, which are restricted by various regulations. It can be purchased without a subscription savings account, and resale is possible immediately after the contract. Also, it is not included in the number of houses, so it is exempt from comprehensive real estate tax or capital gains tax surcharges, reducing tax burdens. Upon purchase, profits can be earned through long-term and short-term rentals via entrusted operators, and it can also be operated as lodging facilities like hotels or condominiums.
The excellent product features of ‘Forestian’ also stand out. It offers small-sized designs for 1-2 people and applies a full-furnished system where furniture and appliances are fully equipped. Additionally, a large-scale IoT system will be introduced for convenience. Some units are designed as duplexes according to consumer preferences, and with 235 neighborhood living facilities supplied within the complex, it is expected to serve as a local landmark. Commercial facilities are planned on floors 1 to 6, enabling a one-stop living infrastructure in the future. Among the commercial facilities, a hospital with approximately 3,300 pyeong (about 10,900 square meters) is confirmed to open on floors 3 to 5.
Special sales conditions are also offered. Contracts can be made with a minimum down payment of 5%, and a remarkable promotion is underway to provide interest-free arrangements for the remaining down payment and interim payments.
The living infrastructure is well established. Located in Sucheong District, the downtown area of Dangjin, residents can enjoy convenient city life. The Sucheong District area is undergoing large-scale land development and apartment construction around Dangjin City Hall. Once development is complete, it is expected to become a hub for education, living, and transportation due to population inflow.
Nearby schools include Gyesung Elementary, Wondang Elementary, Wondang Middle, Hoseo Middle, and Hoseo High School. Residents can also enjoy abundant infrastructure within Sucheong District, including Lotte Mart, Hanaro Mart, and Dangjin Culture & Arts Center. Additionally, Gyerim Park, a large park, is adjacent, offering a healthy and pleasant living environment, and Dangjin Bus Terminal is within walking distance.
There are also transportation advantages. Hapdeok Station, part of the West Coast double-track railway, is planned. Developments such as the Seokmun Industrial Complex railway connecting Hapdeok Station to Seokmun National Industrial Complex, the Dangjin-Anheung industrial railway, and the Dangjin-Daesan transverse railway are also underway. Once completed, it is expected to become a logistics transport hub connecting the western metropolitan area and the entire West Coast.
‘Forestian’ is located in Dangjin City, Chungcheongnam-do. It consists of 244 units of residential lodging facilities exclusively sized 23?28㎡ across four basement floors to ten above-ground floors, along with neighborhood living facilities.
The sales promotion center is located in the Dangjin area of Chungcheongnam-do, where detailed consultations are available upon visit.
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