[Spring Sale Blossoms] Excellent Educational Environment and Amenities... Sale This Month

GS Construction 'Yeongtong Xi'

A bird's-eye view of Yeongtong Ja-i, built by GS Construction in Yeongtong-dong, Yeongtong-gu, Suwon-si.

[Asia Economy Reporter Donghyun Choi] GS Construction is set to launch the sale of Xi Apartments this month in Yeongtong-dong, Yeongtong-gu, Suwon City, where new supply has been limited despite the recent sharp rise in housing prices.

'Yeongtong Xi,' built by GS Construction in the Mangpo 5 Residential Development District in Yeongtong-dong, consists of 7 buildings ranging from 2 basement floors to a maximum of 27 floors above ground, with a total of 653 households. By exclusive area, the units are all small to medium-sized, including ▲59A㎡ 375 units ▲59B㎡ 172 units ▲75㎡ 106 units.

Within a 1 km radius of the complex is Mangpo Station on the Bundang Line, allowing travel to Suwon Station in 10 minutes and to Bundang New Town within 30 minutes. The Seoul Gangnam area is also accessible within an hour via express bus routes, and access to major areas in Suwon is convenient. The large-scale residential development districts Yeongtong District and Hwaseong Dongtan New Town are adjacent, providing favorable living conditions. Large retail facilities such as E-Mart Traders, Big Market, and Homeplus, as well as convenience facilities around Mangpo Station, are also available. Jamwon Elementary, Jamwon Middle, Mangpo Middle, and Mangpo High Schools are nearby, allowing students to commute on foot, and the proximity to academies enhances the educational environment. The company explained that all units are designed with a 4-bay structure to maximize natural light and sunlight.

According to Real Estate 114, there are a total of 45,147 apartment households in Mangpo-dong and Yeongtong-dong, of which 36,055 households, accounting for 80%, were built before 2010. In Yeongtong-dong, where the apartments are being built, only 351 new apartments have been supplied within the last five years. In Mangpo-dong, the most recent new supply was in December 2016.

Jung Kwang-rok, head of sales at GS Construction, said, "Mangpo 5 District, where Yeongtong Xi is located, already has various infrastructures in place, so its value is expected to rise further." He added, "Especially with the excellent educational environment and the revitalization of the Suwon real estate market, there is significant interest from both local and external demand."

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