Attention on ‘Dongtan Hosu Park Daebang Elyum Commercial Facility’

- Commercial space secured with nearby demand from 5,000 households... Subscription on April 26
- Easy to secure tenants with high rental demand, featuring exclusive areas of approximately 9~10 py

In commercial facilities, the MD (Merchandise) composition is more important than the exterior. Commercial facilities need to attract and retain external foot traffic and also induce consumption. Therefore, through MD composition such as attracting trendy brands and development, more customers can be attracted and retained. Moreover, this can also increase the value of the commercial facility.

'Daebang Elyum Lakepark Officetel Commercial Facility' offers a pleasant and spacious environment with a street-type mall within the complex and public pedestrian pathways, and maximizes the inflow of foot traffic with store placement mainly along the main road on the first floor, which allows direct access from outside.

Additionally, residential complexes and commercial facilities are located on all four sides of the complex, which is advantageous for MD planning tailored to external demand and fixed demand corresponding to each road.

Composed of a total of 76 units from the first to the second floor, the facility considers consumer preferences through differentiated MD composition. The first floor is a premium space for shopping and culture, including franchise zones and retail zones tailored to various customer demands such as visitors to Hosu Park. Recommended business types include franchise cafes, pharmacies, convenience stores, restaurants, and drugstores. The second floor consists of life convenience facility zones such as hair salons, workshops, nail art, and academies, forming life care stores capable of continuous revenue generation.

The complex is expected to have high future value due to its location near the planned Dongtan Tram station area. The Dongtan Tram, also called the Dongtan Urban Railway, is a tram system commonly seen abroad, running from Osan through Dongtan to Mangpo and Byeongjeom. A total of 36 stations are planned, with construction starting in June 2024 and aiming for opening by the end of 2027. The route starts at Banwol Intersection and passes Samsung Electronics, Dongtan Station, Dongtan Boulevard, and Osan Station, and another route starts at Byeongjeom Station passing Dongtan Station, Dongtan Circular Road, and the public garage. The total planned length is 34.2 km. Since the tram is an above-ground route, it also has the effect of revitalizing the local commercial district.

A sales representative stated, “The Dongtan Tram functions like Seoul’s subway, and inevitably, places where tram stations are located attract many people,” adding, “As a double tram station area where both Line 1 and Line 2 stop, the commercial facility secures solid foot traffic, and investment inquiries are continuously coming in.”

Furthermore, the average sale price per 3.3㎡ for 42 units on the first floor is about 50 million KRW, and for 34 units on the second floor, about 21 million KRW, making it up to 50% cheaper than surrounding newly built commercial facilities. This offers not only price competitiveness but also potential capital gains after completion. When calculated based on nearby commercial rent, most units are confirmed to have an expected yield of over 5% annually, leading to expectations that all contracts will be completed in a short period, according to the sales representative.

Detailed information such as schedules and tentative prices for the ‘Dongtan 2 New Town Daebang Elyum Lakepark’ commercial facility can be obtained through the official website and the main contact number.