The Gyeongbu Axis Leads on Semiconductor Boom; Spotlight on 'Suji Xi Edition'

The trend of the "Gyeongbu Axis" leading the real estate market in the Seoul metropolitan area is becoming more pronounced. The buying frenzy in the Gangnam area of Seoul is spreading along the Gyeongbu Expressway to the Bundang and Suji areas, widening the gap with non-Gyeongbu regions. The main reasons cited are investments by semiconductor companies and a severe supply shortage.

The Gyeongbu Axis evolves into a 'Semiconductor Belt'

The Gyeongbu Axis has successfully transformed from a simple residential zone into a key "semiconductor and job belt." An industrial landscape has taken shape, stretching from Teheran-ro, through the Pangyo IT complex, to the Yongin and Hwaseong semiconductor clusters. Pangyo Techno Valley now boasts 1,780 tenant companies, 83,000 employees, and annual sales of 226 trillion won, putting it in a league of its own. Further south, the Yongin semiconductor clusters of SK Hynix (122 trillion won) and Samsung Electronics (360 trillion won) continue the momentum.

This kind of industrial expansion is directly linked to rising real estate values. In 2025, a total of 36,845 apartment transactions were recorded in Seongnam, Yongin, and Hwaseong, accounting for 26.4% of all transactions in Gyeonggi Province. In Suji District, an 84-square-meter unit at 'Seongbok Station Lotte Castle Gold Town' set a new record price of 1.6 billion won in December, and Suji District ranked first nationwide for 11 consecutive weeks in apartment price growth through the fourth week of February. In contrast, over the past three years, only about 42,000 new housing units have been supplied to these three cities, resulting in a virtual "supply cliff" compared to a population base of 3 million residents.

Increased attention on new apartment launches

Amid the supply drought, new complexes are drawing heightened interest. "Suji Xi Edition," built by GS Engineering & Construction, is currently being sold, offering 480 units ranging from 84 to 155 square meters. Suji Xi Edition is located within walking distance of Dongcheon Station and Suji-gu Office Station on the Shinbundang Line, and features four-bay, three-sided balconies, penthouses, and a sky lounge. In Seocho District, the "Otierre Banpo" (251 units) launch is imminent, and remodeling of Neuti Village 4th Complex in Bundang (1,149 units) is also being prepared. Four leading redevelopment zones in Bundang completed their special maintenance area designations in January, and the "Yongin Platform City" project centered around GTX-A Guseong Station (with a total project cost in the 8 trillion won range) is also underway.

An expert commented, "Core residential areas in the Gyeongbu Axis have always faced a supply shortage," adding, "It is only natural that large-scale branded complexes such as Suji Xi Edition are attracting significant market attention."

This content was produced with the assistance of AI translation services.