‘Sihwa MTV Wave M’ Showcasing Design Highlighting Waterfront Views, Expected to Become a Landmark

Equipped with Luxurious Design and Community Facilities... Enhancing Convenience

‘Siwha MTV Wave M (WAVE M)’, a residential lodging facility currently being successfully sold around Turtle Island in Siwha MTV, is receiving positive reviews from investors for its design that takes advantage of the waterfront views of the West Sea and Siwha Lake.

In particular, as this complex is located in a marine leisure city, community facilities that fully enjoy the oceanfront location are applied. Looking at the East (3BL), a special feature is added with a sky infinity pool that combines a sky bridge offering ocean views from the upper floors and an infinity pool. On the 7th floor inside, a private guest room swimming pool is created so residents can enjoy a mini infinity pool in an independent, exclusive space. Additionally, various amenities such as a fitness center, screen golf course, cinema room, sauna facilities, and a play kids park are also provided.

In the West (2-1BL), an infinity pool and fitness facilities facing the West Sea are planned, enabling a premium lifestyle with sea views while using the facilities. Outdoors, a waterfront rooftop will be created, and convenience is enhanced with amenities such as a screen golf course and cinema room. Both East and West occupy the southern waterfront area of Turtle Island, maximizing the design for panoramic views of Siwha Lake and the West Sea.

‘Siwha MTV Wave M’ is a residential lodging facility developed on commercial land on Turtle Island. Named Wave M West (2-1BL) and East (3BL), it consists of up to 15 floors above ground, with a total floor area of 45,000㎡ for Wave M East and 22,000㎡ for Wave M West. The complex includes a total of 440 units (278 units in 3BL, 162 units in 2-1BL) of residential lodging facilities and neighborhood living facilities.

Inside the rooms, designs and interiors similar to those of luxury hotels are applied. The highest quality finishing materials are used within the rooms, and the bathrooms feature hotel-like designs, enabling a luxurious lifestyle. Both the rooms and bathrooms offer ocean views, allowing guests to relax while overlooking Siwha Lake and the West Sea, providing an experience where everyday life feels like a vacation.

With such luxurious specialized design enabling a premium lifestyle, ‘Siwha MTV Wave M’ has also received much praise for its reasonable sale prices.

Comparing the sale prices of this complex with the nearby A complex, the 34㎡ exclusive area of ‘Siwha MTV Wave M’ is priced between 350 million KRW and 385 million KRW, whereas the 29㎡ exclusive area in A complex is priced around 360 million KRW. Despite the difference in size, the prices are similar. Especially, the main type supplied in Wave M East (3BL), the 77㎡ exclusive area, is priced in the high 700 million KRW to low 800 million KRW range, while the 74㎡ exclusive area in A complex is priced between a minimum of 970 million KRW and a maximum of 1.02 billion KRW. As such, ‘Siwha MTV Wave M’ is enjoying popularity due to its reasonable pricing.

Meanwhile, ‘Wave M’ is evaluated to have all the elements required for a residential lodging facility. These include abundant demand from the surrounding area, definite content to attract demand, convenient transportation networks, optimized facilities and amenities, a responsible and professional operating company, and future value through development benefits in the surrounding area.

In particular, this complex is planned to be operated as a hotel in line with the original purpose of residential lodging facilities. According to industry sources, the profitability of residential lodging facilities depends on their operation, and a professional company, ‘Ebiz Networks’, which has extensive hotel operation experience and provides stable profits through profitable management, will operate the hotel.

Meanwhile, the promotional centers for Siwha MTV Wave M (WAVE M) are located in two places: near the project site in Siheung-si, Gyeonggi-do, and in Gangnam-gu, Seoul.