Access to Seoul Metropolitan Business Hubs Within 20-30 Minutes via Transfer Between Seohae Line, Sinansan Line, and Wolpyeong Line
A landmark office building is set to be established in the vicinity of Siheung City Hall Station, which boasts excellent transportation networks and abundant rental demand.
Real estate developer The Hub Co., Ltd. is offering for sale the office facility ‘Siheung City Hall Station D1 City Milestone,’ scheduled to be constructed by Halla Corporation in August in the Janghyeon District of Siheung City, Gyeonggi Province, near Siheung City Hall Station. The building will have 4 basement floors and 10 above-ground floors, comprising one building with 350 office units and 27 commercial units. The offices will be available in various types ranging from 25.65㎡ (exclusive area) to 48.01㎡.
‘Siheung City Hall Station D1 City Milestone’ is located in the station area of Siheung City Hall Station, which is planned to be a triple transfer station, and is adjacent to Siheung-daero, making its transportation network highly regarded.
In particular, Siheung City Hall Station will serve as a transfer hub for three lines: the Seohae Line Daegok-Sosa extension (scheduled to open in 2023), the Shinansan Line (2025), and the Wolpan Line (2026), connecting key business areas throughout the Seoul metropolitan area. Using the Seohae Line from Siheung City Hall Station to Bucheon and Ansan in Gyeonggi Province reduces travel time to Gimpo Airport to 25 minutes. The Shinansan Line, connecting Yeouido to Hanyang University Erica Campus in Ansan, allows reaching Yeouido in 20 minutes. The Wolpan Line, linking Incheon Wolgot and Pangyo, enables access to West Pangyo within 20 minutes.
Additionally, located along Siheung-daero, it takes only 20 to 30 minutes by car to reach Songdo International City or KTX Gwangmyeong Station. Furthermore, via the Seoul Metropolitan Area First Ring Road, Seohaean Expressway, and Second Gyeongin Expressway, one can reach areas such as Gangnam in Seoul, Incheon, Gwacheon, Anyang, Ansan, and Bucheon within 30 to 50 minutes.
Abundant office rental demand and commercial demand are also expected. Siheung City has a total population of approximately 540,000, with 65% being people aged 30 to 50 who have strong purchasing power. Moreover, there are about 44,000 companies (as of 2019) and approximately 400,000 workers, indicating active economic activity. In addition, most offices in the old downtown area where Siheung City Hall is located are aging, creating significant demand for relocation to new offices.
Furthermore, ‘Siheung City Hall Station D1 City Milestone’ is situated within 200 meters of a complex administrative town, a complex transfer center, and a sports park, providing a pleasant working environment. Nearby, along the 15 km coastal area connecting Wolgot, Baegot, Oido, and Turtle Island, facilities related to leisure and tourism, medical and research, advanced industries, and culture and recreation have been established or are underway.
Surrounding the Janghyeon District are advanced industrial complexes such as Gwangmyeong Distribution Complex, Gwangmyeong General Industrial Complex, Urban High-Tech Industrial Complex, Maehwa General Industrial Complex, Siwha National Industrial Complex, Siwha MTV, and V-CITY. With the establishment of transportation networks, the surrounding area is expected to grow into a key city in the southwestern Seoul metropolitan area.
To meet the demand for premium offices, ‘Siheung City Hall Station D1 City Milestone’ incorporates cutting-edge features with an exterior design focused on aesthetic value. It is a so-called high-class office building.
First, the office floor height is designed to be 4.5 to 6 meters, nearly double the typical office height of 2.3 meters, maximizing openness. For general office products on floors 2 through 10, internal balconies are included, while the first floor features an external terrace. Specialized units located on the stepped facade provide both internal balconies and external terrace spaces, allowing for comfortable rest and scenic views. Commercial facilities on basement level 1 and ground floor 1 have floor heights designed between 6 and 7.3 meters, enabling diverse spatial arrangements.
Various community facilities will also be provided to enhance office workers’ productivity. Business lounges will be available on the 2nd and 6th floors, and a lobby and meeting rooms will be provided on basement level 1. A specialized space called ‘Inspire Alley,’ designed to offer rest and inspiration, will also be established.
The commercial area on the ground floor features a New York-style arched facade design and a terrace deck. Additionally, graffiti art will be installed to serve as a photo zone, creating a unique atmosphere that is difficult to experience elsewhere.
‘Siheung City Hall Station D1 City Milestone’ offers section offices specialized by various sizes within a large office building, allowing small-scale investments without resale restrictions and not counting towards the number of owned houses. Unlike officetels, which mainly have short-term leases, this project has many long-term lease demands of over two years, is not subject to loan regulations, and offers interest-free loans for intermediate payments.
The commercial facilities, spanning basement level 1 and ground floor 1 with 27 units, are New York-style street-type shops with three open sides facing Siheung-daero and the business district, providing convenient access for visitors. The high floor height of up to 7.3 meters allows for various business types, and the differentiated exterior with New York-style arched design enhances the prestige. All units feature terrace (deck-installed) specialized designs, adding a touch of luxury.
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