Do You Know the 'Blue Valley Area'? National Industrial Complexes Spotlighted Around Homes

- Pohang Blue Valley National Industrial Complex Selected as Specialized Complex, Expected to Create About 60,000 Jobs
- Shortest Distance Work-Residence Proximity Panoramic Ocean View Apartment [Pohang Prugio Marine City]

Recently, the positive developments in the Pohang secondary battery specialized complex have created the new term ‘Blue Valley Zone,’ emerging as a new keyword in the Pohang real estate market.

On the 20th of last month, the National Advanced Power Industry Committee selected Pohang City, Gyeongbuk, as a national advanced strategic industry secondary battery specialized complex. This is the result of dedicated efforts to attract a national advanced strategic industry specialized complex that will be responsible for Pohang’s future. The vision aims for KRW 70 trillion in sales, 15,000 jobs, attraction of 50 hydrogen companies, and 3,600 jobs by 2030. Based on this, Pohang City is evaluated to have secured stable jobs and a sustainable future for the next 100 years.

With the secondary battery specialized complex established in Pohang City, Gyeongbuk, the nearby real estate market is shaking up. As forecasts suggest that real estate in the complex area will benefit, the ‘Blue Valley Zone’ real estate market is bustling. With the ‘positive factor’ of population inflow to the surrounding residential complexes, demand is focusing mainly on nearby apartments.

Blue Valley Zone apartments are close to the specialized complex, enabling a short commute between home and work. Apartments near industrial complexes with self-sufficient functions have a demand base seeking residences close to workplaces, ensuring stable demand. Additionally, as infrastructure such as transportation, jobs, and convenience facilities develops, these apartments have high future value.

Meanwhile, attention is focused on Pohang Prugio Marine City, located about an 8-minute drive from the secondary battery specialized complex in Hajung-ri, Guryongpo-eup, Nam-gu, Pohang City. Pohang Prugio Marine City consists of a large complex with five apartment buildings and 678 households, ranging from two basement floors to 38 floors above ground. About 74% of the units are the most preferred exclusive area of 84㎡, and the rest are units with rare medium-to-large specialized floor plans.

Moreover, Pohang Prugio Marine City is the first major brand to be introduced in Guryongpo-eup and is expected to become a regional landmark as a super high-rise complex with 38 floors offering ocean views of the East Sea from all unit types. It is also close to Blue Valley, which will attract related companies, making it an ideal short-commute complex that can directly and indirectly absorb workers as demand.

This complex also boasts excellent transportation conditions. Accessibility to downtown Pohang is favorable via National Road No. 31 and Donghaean-ro. It is convenient to travel between major cities such as Daegu, Ulsan, and Busan through Pohang Airport, Nam-Pohang IC on the Donghae Expressway, and KTX Pohang Station. Furthermore, with the opening of the Pohang-Yeongdeok Expressway (expected by the end of 2023), rapid transportation networks are anticipated.

An industry insider said, “Pohang Prugio Marine City is the closest and most benefited apartment to the Blue Valley national industrial complex selected as a specialized complex. It offers the premium of a short commute and, at the same time, is a first-class brand apartment where you can enjoy a sky panoramic ocean view at around KRW 9 million per pyeong, making its future value outstanding. Recently, inquiries from buyers have been continuous.”

Meanwhile, the Pohang Prugio Marine City sales office is located in Nam-gu, Pohang City, and more detailed consultations are available by appointment.