[AKyung Hit Product] Residential Officetel 'Eungye Lake Park'
Siheung Eungye Transportation Hub Two-Room Officetel
[Asia Economy Reporter Onyu Lim] Residential officetels have recently gained attention as income-generating real estate investment products. With strengthened regulations on apartments, such as the private land price ceiling system, they are gaining popularity as alternative investment destinations. Additionally, the reduction in the base interest rate has eased investment burdens, increasing the profitability of residential officetels.
'Eungye Lake Park' is a residential officetel attracting interest due to its two-room design and excellent location near a lake park and shopping mall. Located in Block 2-4, Office 2, Eungye Public Housing District, Eunhaeng-dong, Siheung-si, Gyeonggi-do, Eungye Lake Park consists of 130 officetel units from basement level 5 to ground level 8 and 52 commercial living facilities.
As apartment prices have recently surged, the rarity of two-room officetels is highly valued, especially as newlyweds and other two-person households turn their attention from houses to officetels. Furthermore, the Siheung Eungye District, where the officetel is located, is expected to see an increase in investment value due to transportation benefits. With the recent opening of the Seohaean Line and the upcoming completion of the Sinansan Line, accessibility to Seoul is expected to improve significantly. The nearby Siheung-Gwangmyeong Technovalley is also anticipated to increase the demand base.
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A real estate industry official explained, "Eungye Lake Park is situated where you can enjoy views of the lake park and shop at Grantree," adding, "It is located at a transportation hub with access in all directions and where a direct market is forming, so it is naturally expected to appreciate."
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