POSCO E&C to Launch 'The Sharp Gwangju Forest' Sales in May
[Asia Economy Reporter Inho Yoo] POSCO E&C will launch 'The Sharp Gwangju Forest' in Gwangju Metropolitan City next month.
'The Sharp Gwangju Forest,' located at 876-6 Munheung-dong, Buk-gu, Gwangju Metropolitan City, consists of 7 apartment buildings with up to 39 floors above ground, totaling 907 apartment units and 84 residential officetel units.
By exclusive area, the apartments include 679 units of 84㎡, 225 units of 101㎡, 1 unit of 121㎡, and 2 units of 131㎡. The officetels consist of 84 units of 59㎡. Move-in is scheduled for June 2023.
The Munheung-Gak-hwa area, where the complex is located, is emerging as a new residential town in Buk-gu, Gwangju, with concentrated future development plans by the city. Planned developments include an urban high-tech logistics complex selected as a pilot site by the Ministry of Land, Infrastructure and Transport, the Solomon Law Park (planned), the third legal education theme park in Korea following Busan and Daejeon, and the 100,000㎡ Democratic Human Rights Memorial Park (planned).
Within walking distance are Homeplus (Dong Gwangju branch), the agricultural and marine products market, as well as Gakhwa Elementary School, Gakhwa Middle School, and Mudeung Library.
The Sharp brand also enjoys high preference in the region. Starting with 'Bongseon-dong The Sharp' which opened in 2004, 'Yeomju The Sharp Central Park,' sold last September, recorded a peak competition rate of 616.25 to 1.
The model house for The Sharp Gwangju Forest is located at 744-13 Hwajeong-dong, Seo-gu, Gwangju Metropolitan City.
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A POSCO E&C official said, “The Sharp Gwangju Forest is the first complex to be sold in Gwangju after the renewal of The Sharp brand. The Munheung-Gak-hwa area, where the complex is located, is transforming into a new residential district in Gwangju with high future value, so we expect not only the apartments but also the officetels to be very popular.”
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