- Follow-up sale planned for 682 officetel units in 3 blocks
- Expected benefits from development of 'Next Complex' as an advanced mixed-use complex
'Geomdan New Town Lotte Castle Nextiel,' which recorded the highest number of subscription applications and the highest subscription competition rate in Incheon this year, successfully sold out in a short period, is drawing attention as it announces the follow-up supply of officetels early next year.
A sales official stated, "Riding on the success of the apartment sell-out, we plan to accelerate the supply schedule of officetels consisting of a total of 682 units across three blocks," adding, "We plan to continue sales early next year."
The officetels of Geomdan New Town Lotte Castle Nextiel are already verified in terms of location and product quality even within Geomdan New Town.
An official from K Real Estate in Geomdan New Town said, "Since it is located in one of the most central areas of Geomdan New Town, officetels are also expected to attract a lot of interest," and added, "With the previous apartment sell-out, the preference and trust in the Lotte Castle brand have increased, which is expected to lead to further interest."
In fact, Geomdan New Town Lotte Castle Nextiel stands out for its excellent location conditions within Geomdan New Town. It is being developed as a super-station area complex within walking distance of the newly extended Incheon Subway Line 1 station (tentatively named Station 101, scheduled for 2025), offering outstanding accessibility to Seoul and Incheon city centers.
Large-scale central commercial districts are established nearby, and major marts such as Lotte Mart, E-Mart Traders, and Homeplus are close, providing excellent residential convenience. Additionally, the Gyeyangcheon Riverside Park is located right in front, and numerous green spaces such as Ara Central Park and Dumulmeori Park are adjacent, allowing residents to enjoy leisure, walking, and relaxation.
■ The center of Geomdan New Town Special Planning Zone ‘Next Complex,’ expected to be the biggest beneficiary of development
The officetels of Geomdan New Town Lotte Castle Nextiel belong to the Next Complex, a specialized zone in Phase 1 of Geomdan New Town, and are expected to benefit greatly from future development.
The Next Complex project is a development plan to create mixed-use commercial facilities and cultural spaces on approximately 59,136㎡ of land with a project cost of about 1 trillion KRW. It is a project to develop the Geomdan New Town 101 Station area, located in Phase 1 among the five special planning zones of Geomdan New Town. The Lotte Construction consortium was selected as the preferred negotiator through a public offering in 2020, and the project has been actively progressing since then.
According to the plan, various cultural assembly facilities and large-scale commercial facilities will be established here. Nearby, a legal town with related institutions such as the Incheon District Court Northern Branch (planned) and the Incheon District Prosecutors' Office Northern Branch (planned) is under construction, aiming for completion in March 2026. This is expected to create synergy effects, establishing the area as a core zone for commerce, business, culture, and transportation.
Accordingly, residents of Geomdan New Town Lotte Castle Nextiel officetels can enjoy a pleasant residential environment linked to mixed-use cultural and commercial facilities, and the area is highly valued for investment due to abundant floating population and strong demand base.
A sales official said, "The area near the legal town attracts a stable demand base with high purchasing power centered on legal professionals, and due to the special nature of being a legal professional-dense area, there is strong demand for entry, resulting in high liquidity and potential for capital gains," adding, "Along with the development of the Next Complex, various commercial, business, and cultural facilities will be established, leading to an explosive increase in officetel demand alongside population inflow."
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