Prime Land Near Apgujeong Rodeo in Cheongdam-dong Up for Sale Through Open Bidding

Two Plots Totaling About 280 Pyeong
Shinhan Bank Real Estate Center to Oversee Sale
Prime Commercial District Near Apgujeong Rodeo Station
Attention Drawn by Connection to Luxury Residential Complexes

A highly coveted plot of land located in the core commercial district of Cheongdam-dong, Gangnam-gu, Seoul, has been put up for sale. As the site is a commercial property near Apgujeong Rodeo Station, an area dense with upscale businesses, it is expected to draw significant attention from the market.

The Shinhan Bank Real Estate Investment Advisory Center announced on the 17th that it will conduct an open bid for a prime site in Cheongdam-dong, Gangnam-gu, Seoul. Letters of intent to purchase will be accepted from the 14th through the 23rd.

Expected bird's-eye view of the development at 82-4 Cheongdamdong. Shinhan Bank Real Estate Investment Advisory Center

The properties for sale are located at 82-4 and 82-5 Cheongdam-dong, Gangnam-gu, Seoul, with a total land area of 917.4 square meters (277.52 pyeong). The site is just a one-minute walk from Apgujeong Rodeo Station on the Bundang subway line.

In particular, this site is attracting attention due to its connection with luxury residential complexes such as 'Apgujeong Eterno.' A representative of the Shinhan Bank Real Estate Investment Advisory Center explained, "The site is located in an area concentrated with luxury fashion brands, high-end restaurants, beauty services, and upscale galleries, creating a unique commercial district that combines privacy and premium consumption."

Shinhan Bank will serve as the exclusive sales manager for this land. The Shinhan Bank Real Estate Investment Advisory Center provides advisory services throughout the entire sales process, including the sale of corporate-owned assets, asset value analysis, legal review, and investor recruitment.

A representative of the Shinhan Bank Real Estate Investment Advisory Center stated, "This site is one of the most exceptionally rare assets among premium locations in Gangnam and will present an attractive opportunity for high-end investors and developers."