Enjoy the Double Station Area Premium! 'Siheung Sincheon Station Harrington Tower 709'

Double station-area officetels are showing strong performance in the metropolitan real estate market. Double station-area officetels offer quick access to two subway lines, which are highly preferred among public transportation options, providing better connectivity to other areas compared to single station-area properties served by only one line. Additionally, with abundant foot traffic, commercial districts naturally develop around the stations, enabling convenient living.

According to data from Naver Real Estate, even within the same area, property prices vary depending on the number of subway lines serving the station area. Double station-area locations are also gaining popularity in the sales market. The 'Dongtan Station Hyundai Weverforet' officetel, supplied in January this year in Hwaseong, Gyeonggi Province, attracted attention as a double station-area property where the SRT and the GTX-A line, scheduled to open in 2024, intersect, recording an average competition rate of 138.93 to 1. Additionally, the ‘Hillstate Gwacheon Government Complex Station’ officetel, sold in November last year in Gwacheon, Gyeonggi Province, located right in front of the government complex station served by Line 4 and the planned GTX-C line, was noted as a double station-area property and recorded a high competition rate of 1398.04 to 1.

An industry insider said, “Station-area locations are preferred not only by actual users but also by investors because they offer convenient public transportation and various nearby infrastructures. Even within station areas, there is a significant difference depending on whether there is one line or two lines. Therefore, if you plan to invest in station-area officetels, it is advisable to focus on areas where additional lines are scheduled to open in the future.”

Among these, ‘Siheung Sincheon Station Harrington Tower 709,’ located in Siheung, Gyeonggi Province, also features a double station-area. Sincheon Station on the Seohae Line is about a one-minute walk away, and once the Second Gyeongin Line opens, it is expected to become a double station-area complex.

Siheung Sincheon Station Harrington Tower 709 allows access to nearby areas such as Siheung, Ansan, and Bucheon via the Seohae Line. The Seohae Line section from Daegok to Sosa is scheduled to be extended and opened in 2023, enabling transfers to Line 7 at Bucheon Sports Complex Station. Additionally, at Siheung City Hall Station, two stops away from Sincheon Station, passengers will be able to use the Sinansan Line (scheduled for 2024) and the Wolgot-Pangyo Line (scheduled for 2026).

Moreover, the planned Second Gyeongin Line passing through Sincheon Station will connect major Seoul downtown areas such as Noryangjin, Yeongdeungpo, and Sindorim with Gwangmyeong and Siheung in Gyeonggi Province, extending to Namdong-gu and Yeonsu-gu in Incheon, significantly improving access to Yeouido. Furthermore, transferring to the planned Singuro Line at Siheung Daeya Station will allow direct travel to Mokdong in Seoul.

In addition, the GTX-E line passing through Siheung is currently undergoing a preliminary feasibility study, and the nearby Sincheon IC provides easy access to highways such as the Second Gyeongin Expressway and the Metropolitan Area 1st Outer Ring Expressway.

The complex is located between Sincheon-dong and the Eungye District, offering a double living zone. It is close to numerous educational facilities including Sorae Elementary School, Sorae Middle School, Daeheung Middle School, Sorae High School, and Sincheon High School, making it suitable for raising children. The residential environment is pleasant, surrounded by nature such as Soraesan Mountain, Soraesan Forest Bathing Area, Eungye Lake Park, and Onan Mountain Observatory Park. Various infrastructures such as Sammi Traditional Market, Hanaro Mart, Lotte Mart, and CGV are also nearby, enabling convenient living.

Siheung Sincheon Station Harrington Tower 709 offers differentiated features such as a food waste disposal system for all unit types. The ThinkMom food waste disposal system, which considers convenience, economy, and environmental friendliness, is an advanced technology usually installed in large apartment complexes, and Siheung Sincheon Station Harrington Tower 709 will be the first officetel to provide it.

The complex is also notable for its 100% self-parking design. Unlike existing officetel parking lots that mix self-parking and mechanical parking, this complex offers 100% self-parking with ample parking space of more than one spot per unit, enhancing the value of the complex.

Additionally, Siheung Sincheon Station Harrington Tower 709 provides individual storage for all units, and on the 27th floor, community facilities such as a fitness center, screen golf practice range, putting practice area, and residents’ caf? are available, allowing residents to enjoy various activities like exercise and leisure without going far.

Meanwhile, Siheung Sincheon Station Harrington Tower 709 is located in Sincheon-dong, Siheung, Gyeonggi Province. It consists of one building with 27 floors above ground and 2 basement levels, offering a total of 194 officetel units with exclusive areas ranging from 63 to 84 square meters.