Gimhae-si Juchon Seoncheon District Emerges as a Prime Business Location... Rising Popularity of Residential Products in the Area
Juchon in Gimhae, Gyeongnam is expected to transform into a corporate city through favorable developments such as the establishment of a logistics center.
First, the Innobiz Logistics Center, which will serve as a logistics hub for the Busan-Ulsan-Gyeongnam (Boo-Ul-Gyeong) region, is scheduled to be built in the Juchon Seoncheon District area of Gimhae, Gyeongnam, raising high expectations for future value. With a mammoth-scale investment of 200 billion KRW, positive effects such as the creation of 500 full-time and 500 daily jobs and revitalization of the local economy are anticipated.
Additionally, in February, Gimhae City announced plans to develop Juchon as a business-friendly area. The city also plans to promote future-based industries that will become its economic drivers. For the metaverse and content industries, infrastructure projects, a webtoon street, and a webtoon village will be developed to establish a new foundation, while a food industry cluster will be built around the Juchon-myeon area.
Moreover, Gimhae City has secured a budget of 45 billion KRW to renovate six livestock farms, including Haegang and Seongrim, within Juchon by 2026. On the sites of former pig farms, new residential spaces centered on people and the environment will be created, including healing parks, urban agriculture clusters, and residential complexes.
As this area grows into a corporate city, it is expected that overall regional development will occur alongside an influx of labor demand. In particular, residential improvements are anticipated due to increased demand, boosting the popularity of nearby residential complexes.
Currently, about 9,200 households are supplied in the Juchon Seoncheon District and its surroundings, and with an additional approximately 4,300 households from developments such as ePyeonhansesang Juchon The Premier, the area will transform into a large-scale emerging residential town with a total of around 13,000 households.
A real estate expert stated, “The reason development continues in Juchon despite difficult market conditions is proof of the high future value of its location,” adding, “With the announcement of development plans, consumers who quickly respond to information are rushing to sign contracts for new apartments in the Juchon area, and the remaining units of ePyeonhansesang Juchon The Premier, currently on sale, are being rapidly sold out.”
Meanwhile, the apartment "ePyeonhansesang Juchon The Premier," expected to benefit from the corporate city development in the Juchon-myeon area of Gimhae, Gyeongnam, will be built as a large complex consisting of 9 buildings, ranging from 2 basement floors to 28 above-ground floors, with a total of 992 units and exclusive areas of 84 to 115 square meters.
ePyeonhansesang Juchon The Premier also attracts attention with its differentiated product design. In particular, DL E&C will introduce its first specialized product, the ‘D Silent Hood.’ This is a ventilation-linked low-noise range hood that reduces noise by applying a low-noise motor and quickly removes harmful substances generated during cooking. Additionally, the ‘Smart Clean & Care Solution,’ consisting of a smart air control system, air curtains, and fine dust reduction plantings, will be introduced to ensure a comfortable living environment.
The complex will also feature various landscaping and community facilities. The premium landscaping brand dePOEM PARK will be applied, allowing residents to enjoy a wellness lifestyle with a lawn plaza, water features, and a green caf?. The ‘Misty Foret’ will also be introduced to provide a pleasant residential environment.
Furthermore, diverse community facilities such as a green caf?, lounge caf?, private offices, dry sauna, fitness center, G/X room, indoor screen golf practice range, welcome lounge, daycare center, indoor playground, kids station, and study rooms will be established.
Meanwhile, ePyeonhansesang Juchon The Premier has lowered the financial burden on buyers by offering a fixed first deposit of 5 million KRW and interest-free benefits on interim payments, and a housing exhibition hall is currently in operation.
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