- Rapid Administrative Services Possible Including Urban Development and Infrastructure Expansion
- ‘Dongcheon Yeok Jaileune’ Benefits from Special City Status + Ideal for Residence and Investment
Yongin City, along with Suwon and Goyang in Gyeonggi Province and Changwon in Gyeongnam Province, has received the good news of being promoted to a special city (Teukrye-si). This designation was granted as the amendment to the Local Autonomy Act, which assigns the title of ‘special city’ to metropolitan cities with populations exceeding one million, passed the National Assembly plenary session. It can be considered an intermediate form between metropolitan local governments and basic local governments.
According to related industries, once designated as a special city, Yongin can autonomously establish customized urban development strategies and proceed with urban development at its own discretion. Additionally, the expansion of urban infrastructure such as roads and culture can be carried out without going through Gyeonggi Province, enabling faster administrative services.
In particular, for Yongin City, the ability to autonomously develop the city means that projects like the ‘Gyeonggi Yongin Platform City’ and the ‘Yongin Semiconductor Cluster’ can accelerate their progress. Experts also foresee advantages in attracting large-scale national projects.
In line with the accelerated urban development of Yongin Special City, a residential complex expected to benefit is currently under construction. The protagonist is ‘Dongcheon Station Xi Lerne,’ located in the Dongcheon-dong area of Suji-gu, Yongin City, Gyeonggi Province.
Constructed by Xi S&D (Xi S&D), ‘Dongcheon Station Xi Lerne’ is a residential complex with neighborhood living facilities, consisting of 174 households in total: 62 officetels with a single exclusive area of 70㎡ spanning from three basement levels to 24 floors above ground, and 112 small-sized housing units with an exclusive area of 49㎡.
A notable feature is that the units are composed of sizes rarely seen in Dongcheon, Yongin. According to sales officials, this not only increases the value of the product but also reduces the initial cost burden for actual buyers and investors through interest-free intermediate payments.
A sales representative for ‘Dongcheon Station Xi Lerne’ stated, “Since Yongin City, currently home to about 1.1 million people, has been designated as a special city, the real estate value is expected to continuously rise with the influx of residents. We can expect the city’s competitiveness and status to improve, along with an enhanced quality of life.”
The representative also emphasized, “Along with this, as Yongin is removed from the speculative overheating district, the housing market is expected to gradually stabilize. If you are looking ahead for purposes of actual residence or investment, you must seize the opportunity presented by ‘Dongcheon Station Xi Lerne.’”
Meanwhile, the ‘Dongcheon Station Xi Lerne’ complex will include built-in free options such as system air conditioners, microwave ovens, kimchi refrigerators, dedicated refrigerators, and dedicated freezers. Additionally, the Xi Smart System, security door phones, emergency call buttons in the underground parking lot, and energy systems will be applied.
Located about a 5-minute walk from Dongcheon Station, this ultra-station area complex offers easy access to Bundang, Pangyo, and Gangnam. It is also a workplace-residence proximity complex conveniently accessible via Shinsuro Road and the Bundang-Suseo urban expressway.
In front of the complex are the Dongmakcheon walking trail, Gwanggyosan Mountain, and Suji Sports Park. Residents can also enjoy a leisurely lifestyle with access to shopping centers such as Shinsegae Department Store Gyeonggi Branch and Homeplus Bundang Branch, as well as CGV Ori Branch and Gokiri Recreation Area.
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