The Uijeongbu Station Area Transformed... Up to 49-Story Residential Facilities with Over 3,600 Units Developed

New Uijeongbu Skyline Formation
Expected to Drive Local Real Estate Market Prices

The area around Uijeongbu Station is on the verge of a dramatic transformation. Approximately 3,600 households will be housed in ultra-high-rise residential buildings reaching heights of 48 to 49 floors. Currently, the tallest residential buildings in the Uijeongbu area are around 30 floors, so once the development around Uijeongbu Station is completed, a new ultra-high-rise skyline will be created.

As ultra-high-rise residential buildings are recognized as landmarks representing the region, the residential facilities being built around Uijeongbu Station are expected to lead the local real estate market prices in the future.

A perspective view of 'The Sharp Uijeongbu Station Link City,' up to 48 stories high, located around Uijeongbu Station.
[Photo by POSCO E&C]

Five Complexes of 48 to 49 Floors to be Built Around Uijeongbu Station

According to Uijeongbu City and real estate industry sources on the 6th, five residential complexes (3,629 households) with heights reaching 48 to 49 floors, the tallest in Uijeongbu City, are planned within a 500 to 600-meter radius of Uijeongbu Station.

The earliest to be occupied is the mixed-use apartment complex "Hillstate Uijeongbu Station." It has 172 households and a maximum height of 49 floors, with final construction underway ahead of its scheduled move-in in February next year. Nearby, the mixed-use apartment "Uijeongbu Station Sky Zai" is also under construction. This apartment will also reach a maximum height of 49 floors and will have 393 households. The expected move-in date is August next year.

Additionally, around Uijeongbu Station, "The Sharp Uijeongbu Station Link City (48 floors, 1,401 households)" and "Uijeongbu Central City I-Park (49 floors, 413 households)" are preparing for pre-sale. Furthermore, a regional housing cooperative apartment with 1,250 households is currently under review.

Will It Become the Second Cheongnyangni Station? "High Expectations for Value Increase"

The real estate market around Uijeongbu Station, where the skyline is changing due to the construction of ultra-high-rise residential buildings, is expected to see a significant increase in value.

This can be confirmed by the example of the area around Cheongnyangni Station (Line 1) in Seoul. Six years ago, the area around Cheongnyangni Station, which was a chaotic mix of slums and fruit and vegetable markets, began its transformation starting with the 40-floor (maximum) Cheongnyangni Station Harrington Place (Cheongnyangni 3 District redevelopment) in January this year. In June, the 58-floor Cheongnyangni Station Hanyang Sujain Graciel (Cheongnyangni Fruit and Vegetable Market redevelopment) was completed, and in July, the 65-floor Cheongnyangni Station Lotte Castle SKY-65 began occupancy. Since then, these residential facilities have been driving the real estate prices in Dongdaemun-gu, the administrative district they belong to.

According to Asil, a provider of actual apartment transaction prices, the highest-priced apartment transaction in Dongdaemun-gu from January to September this year, regardless of apartment size, was the Cheongnyangni Station Lotte Castle SKY-65 with an exclusive area of 84㎡, priced at 1.656 billion KRW.

Previously, high-priced apartment transactions in Dongdaemun-gu were mainly concentrated in complexes located in Jeonnong-Dapsimni New Town, but the occupancy of the tallest apartments around Cheongnyangni Station has changed the landscape.

Similarly, it is anticipated that once the tallest apartments around Uijeongbu Station are completed, prices will rise further compared to current levels. Moreover, Uijeongbu Station is a stop on the GTX (Great Train Express) C line, which is expected to boost value due to improved transportation. The project agreement for this line was signed in August, and it is scheduled to open in 2028.

A representative from the sales industry said, "Not only Cheongnyangni Station but most of the tallest apartments have become regional landmarks, so the tallest apartments around Uijeongbu Station are also highly anticipated," adding, "With progress in the GTX-C line project, interest in the real estate market around Uijeongbu Station is expected to increase further."