Incheon 'Geomam Station Royal Park City Prugio' 4,805 Households for Sale

Model located at the Royal Park City Prugio model house at Geomam Station (Photo by DK Urban Development)

[Asia Economy Reporter Jeon Won Moon] The large-scale urban development project 'Geomam Station Royal Park City Prugio,' located in the Geomam Station area on the Airport Railroad connecting Seoul Station and Incheon International Airport, is entering its full-scale sales schedule. With a total of 4,805 households and a resale restriction period of only six months, it is expected to attract attention from both actual residents and investors.

According to DK Urban Development and DK Asia on the 27th, the companies will open the model house for Geomam Station Royal Park City Prugio on the 29th and begin the sales schedule. This apartment complex, located at 170-3 Baekseok-dong, Seo-gu, Incheon, consists of 25 buildings ranging from two basement floors to a maximum of 40 floors above ground, totaling 4,805 households. The apartments offer various floor plans with exclusive areas ranging from 59 to 241 square meters.

This complex is characterized by its concept as a "resort city." To the west of the complex lies the 'Dream Park Wildflower Garden,' a natural ecological park six times the size of Lotte World, and the 36-hole Dream Park Golf Course. Within the complex, a 9.6 km-long walking trail will be established. Samsung C&T Resort Division, ranked first in landscaping in construction capability evaluations, will design the landscaping, creating a "Mini Everland" atmosphere and planting nearly one million flowers and trees to form the complex's "Million Park."

The company plans to provide differentiated services through collaboration with major corporations. They have signed a business agreement with LG Electronics to apply next-generation Internet of Things (IoT) technology and will offer high-quality meals at reasonable prices to residents through Pulmuone Food & Culture. Additionally, Jongno M School, a directly managed academy, is scheduled to open a branch within the complex's commercial area, the company explained.

With only three stations from Geomam Station to Magoknaru Station and a one-stop connection to Seoul Station, commuting to and from the city center is convenient. Freedom from various government regulations is another advantage. The resale restriction period is short at six months, and the mandatory residence rule, which can last up to five years, does not apply.

Meanwhile, the company plans to supply additional large-scale apartment complexes in the area with the second phase (4,742 households) and third phase (4,119 households) following this sale, aiming to establish a landmark large complex.

Kim Jung-mo, chairman of DK Urban Development and DK Asia, said, "We will create Korea's first 'next-generation resort city' closest to Seoul," adding, "We plan to provide various services previously only available at luxury resorts so that residents can resolve everything within the complex."

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