GS Construction Opens Cyber Model House for 'Shin Dongtan Foret Xi' on 28th, Begins Sales

Rendering of Shindongtan Foret Xi.

[Asia Economy Reporter Donghyun Choi] GS Construction announced on the 27th that it will open the cyber model house of Shindongtan Foret Xi, located in the Banwol District urban development project area (around Banwol-dong 17) in Hwaseong City, Gyeonggi Province, on the 28th and begin sales.

Shindongtan Foret Xi is an apartment complex consisting of 12 buildings, ranging from 2 basement floors to a maximum of 29 floors above ground, with a total of 1,297 households. By exclusive area, it is composed of ▲59㎡ with 474 households ▲74㎡ with 319 households ▲84㎡A with 299 households ▲84㎡B with 199 households ▲84㎡P (Penthouse) with 6 households.

The subscription schedule starts with special supply on May 11, followed by first priority on the 12th, and second priority subscription on the 13th. The announcement of winners will be on the 19th, and the official contract will be conducted at the model house for 9 days excluding weekends from June 1 to June 11.

The Shindongtan Foret Xi cyber model house will be available on the Shindongtan Foret Xi website and the Xi application. The actual model house was filmed with a virtual reality (VR) camera, allowing users to zoom in, zoom out, and rotate 360 degrees, creating an experience as if customers actually visited the model house. Additionally, a live broadcast introducing the model house will be held on the YouTube channel ‘Xi TV’ on the 29th at around 12:30 PM via real-time streaming.

Shindongtan Foret Xi’s greatest advantage is its location, which allows access to all key infrastructure in the southern Gyeonggi area. From nearby Mangpo Station on the Bundang Line, it takes 10 minutes to Suwon Station, about 30 minutes to Pangyo Station, and 40 minutes to Gangnam Station by subway. Moreover, metropolitan buses connecting Seoul’s Gangnam area and Seoul Station are available nearby, and it is close to Yongin-Seoul Expressway, Gyeongbu Expressway, and Yeongdong Expressway, providing a solid metropolitan transportation network.

Another advantage of the location is access to various convenience facilities. Residents can use large retail stores such as E-Mart Traders (Suwon Shindong branch), Lotte Mart (Yeongtong branch), Homeplus (Yeongtong branch), and Costco (Giheung branch), as well as IKEA (Giheung branch), Lotte Premium Outlets (Giheung branch), and Lotte Department Store (Dongtan branch). In addition, various commercial facilities and hospitals are located near Mangpo Station on the Bundang Line, making them easily accessible.

The educational environment is also excellent. Shindongtan Foret Xi is an ‘Elementary School Proximity Apartment’ complex adjacent to Yulmok Elementary School, and is close to Donghak Elementary, Donghak Middle, Seocheon High, and Kyung Hee University (International Campus). The academies in Mangpo-dong and Yeongtong-dong are also nearby, providing a solid educational infrastructure. Residents can enjoy relaxation in green and waterfront spaces such as Seocheon Lespia, Namsan Neighborhood Park, and Nongseo Neighborhood Park.

All unit types are designed with 4 bays, and some units feature a specialized 3-sided balcony design to maximize service area. Some of the top-floor 84㎡ units are configured as penthouses, which are expected to enhance the overall value of the complex.

In particular, Banwol-dong in Hwaseong City is a non-speculative overheated district and a non-subscription overheated area, making it relatively free from regulations such as subscription qualifications, resale restrictions, and interim payment loan guarantees. Regardless of household headship or homeownership, those who have held a subscription savings account for more than 12 months and meet certain deposit requirements are eligible for first priority subscription, and there is no restriction on re-winning. Resale of the pre-sale rights is also possible six months after the announcement of winners.

A GS Construction sales official said, “In addition to enjoying various surrounding infrastructures, unlike nearby Suwon and Dongtan 2 New Town, it belongs to a non-regulated area, so inquiries come not only from nearby areas but also from across the metropolitan area.”

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