Asan Tangjeong 'Brownstone Galaxy' Officetel to be Sold Next Month
[Asia Economy Reporter Yuri Kim] The developer JK Partners announced on the 6th that it will sell the 'Brownstone Galaxy' officetel near the main gate of Samsung Display 2 Plant in Tangjeong-myeon, Asan-si, Chungnam, next month.
Brownstone Galaxy consists of 844 small officetel units from basement level 4 to ground level 10. It is designed as studio and 1.5-room units. A self-parking system is applied, providing a total of 891 parking spaces. These parking spaces are also available for tenants of neighborhood living facilities and section offices.
Samsung Display announced in October last year that it will invest 13.1 trillion KRW by 2025 in the Display 2 Plant, which is establishing a new production line in Tangjeong, Asan, raising expectations in the local real estate market. Nearby real estate agencies expect the population of Asan-si to increase from the current 340,000 to 500,000 due to the expansion of Samsung Display and the development of surrounding general industrial complexes.
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A sales official said, "This is the first officetel built on the support facility site only 500 meters from the main gate of Samsung Display 2 Plant," adding, "Considering the future increase in demand from Samsung Display-related employees, it was designed as a small officetel."
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