Daelim Industrial e-Pyeonhansesang Namyang New Town 606 Households for Sale in September

[Asia Economy Reporter Onyu Lim] Daelim Industrial plans to launch sales for ‘e-Pyeonhansesang Namyang New Town,’ located in Block B-11 of Namyang New Town, Hwaseong City, Gyeonggi Province, in September. This complex consists of 8 buildings ranging from 3 basement floors to 18 above-ground floors, with a total of 606 households sized between 65 and 84㎡ (exclusive area). The breakdown by size is △65㎡ with 154 households △75㎡ with 190 households △84㎡ with 262 households.

'Namyang New Town,' the new future value driver of western Hwaseong City amid various development benefits

e-Pyeonhansesang Namyang New Town is the first top-tier brand apartment complex in Namyang New Town, Hwaseong City. The ‘Namyang New Town,’ attracting attention for its outstanding future value, is an urban development project covering approximately 2.57 million square meters and accommodating about 39,000 residents.

First, various transportation development benefits are scheduled, drawing consumer attention. The Hwaseong City Hall Station on the double-track Seohae Line (scheduled for 2022) and the opening of the 2nd Outer Ring Expressway (scheduled for 2021) are planned. The Sinansan Line project is also being promoted with a target opening in 2024. The Sinansan Line, which will connect with the Seohae Line double-track and the Wolgot-Pangyo Line, is a subway line spanning 44.7 km connecting Ansan and Siheung in Gyeonggi Province to Yeouido in Seoul. It is being promoted to resolve metropolitan transportation issues between downtown Seoul and the southwestern metropolitan area. Industry experts expect that travel time to Yeouido will be reduced by 50% to 75% or more once the Sinansan Line opens.

The Bal-an to Namyang Expressway development project, connecting Namyang-eup and Paltan-myeon in Hwaseong City, also draws attention. With a total project cost of 400 billion KRW, the Bal-an to Namyang Expressway stretches 14.5 km. It is expected to alleviate local traffic congestion and contribute to strengthening autonomous urban functions. After completing a private investment feasibility study in August last year, a third-party proposal announcement is forthcoming. The preferred negotiation partner is expected to be selected in the second half of this year.

The large-scale new town development plan is also noteworthy. SongSan Green City, being developed as an eco-friendly tourism and leisure complex city (scheduled for completion in 2030), covers an area 19.2 times larger than Yeouido, with an investment of approximately 8.8 trillion KRW. It will consist of resorts, golf courses, R&D, industrial, and residential facilities. The production and added value effect is estimated at 70 trillion KRW, with new job creation expected to reach about 110,000. Particularly, the Shinsegae Theme Park development, which has been steadily discussed for the past eight years, is now on track, attracting attention.

Competitive sale prices... Publicly supplied housing affordable at nearby city rental prices

e-Pyeonhansesang Namyang New Town is a private-participation public sale housing project selected by LH (Korea Land & Housing Corporation). Private-participation public sale housing is a joint project method where the public housing provider supplies the land, and a private construction company builds and sells the units. It offers competitive sale prices compared to private complexes. Especially, about 80% of the total supply is allocated as special supply, making it advantageous for non-homeowners currently renting who meet the subscription requirements.

Accordingly, e-Pyeonhansesang Namyang New Town is expected to be a good opportunity for homeownership not only for demanders within Hwaseong but also for renters in nearby cities such as Suwon and Ansan. It is mainly composed of popular small- and medium-sized units, positioning it as one of the leading complexes that will drive changes in the apartment market in Hwaseong and the southern metropolitan area.

The full strength of the top-tier big brand apartment ‘e-Pyeonhansesang’

e-Pyeonhansesang Namyang New Town will be designed with the highest level of residential spaces and community facilities befitting its brand. It applies the lifestyle-customized floor plan ‘C2 House,’ allowing flexible structural changes according to consumer preferences and maximizing storage efficiency. The C2 House is a residential space platform developed by Daelim Industrial to flexibly respond to rapidly changing consumer lifestyles and residential environments. Additionally, it is scheduled to obtain Zero Energy Building certification and an energy efficiency rating of 1++, promising future savings on maintenance costs.

e-Pyeonhansesang Namyang New Town will feature Daelim’s advanced fine dust reduction system, the ‘Smart Clean & Care Solution.’ Given the recent seriousness of fine dust as a social issue, the system is designed to ensure residents can live safely both indoors and outdoors. Indoors, the ‘Smart Air Control System’ automatically operates ventilation and air purification based on indoor fine dust and carbon dioxide levels, maintaining clean air quality 24 hours a day. Outside the complex, traffic lights indicating fine dust levels and automatic mist spraying facilities are installed to reduce fine dust effects.

The community facilities will include various new features not previously found in Namyang New Town. The region’s first male and female sauna facilities, a guest house, healing gardens, and a green caf? will be established, specializing in weekend and leisure activities. Additionally, a sports center consisting of a fitness room, GX room, and indoor golf practice range, as well as an education center equipped with a reading room, study rooms, and a small library, will be introduced. Notably, a mom’s station with a drop-off zone for academy buses and an indoor playground will be provided, creating a safe childcare environment within the complex.

Eco-friendly ‘Gongpuma’ located near industrial complexes with excellent work-home proximity

e-Pyeonhansesang Namyang New Town is a work-home proximity complex with excellent access to Seoul via a surrounding wide-area road network and easy commuting to numerous nearby major industrial and research complexes. It is evaluated to have abundant real demand due to easy access to neighboring industrial cities such as Ansan, home to Banwol Industrial Complex, and Pyeongtaek, where Samsung Semiconductor factories operate.

Namyang New Town benefits from its proximity to Songsanmado IC, facilitating convenient use of the Pyeongtaek-Siheung Expressway. It is easy to travel to Ansan via the adjacent National Route 77. Through Local Road 313 (Hwaseong-ro), commuting by car to major industrial complexes such as Mado General Industrial Complex and Gyeonggi Hwaseong Bio Valley is possible within about 10 minutes.

Especially, the ‘Namyang-ro’ allows easy access throughout Namyang New Town. The Hyundai-Kia Motors Namyang Research Center is located about 10 minutes by car from the complex. The commuting conditions to numerous industrial complexes near Namyang New Town, including Noha Industrial Complex, Jangan Industrial Complex, Ssangsong, Onjang, and Dongmun Industrial Complexes, are excellent.

Also, as a complex built within the new town, it will be developed as a ‘Gongpuma’ complex where residents can enjoy pristine natural surroundings and neighborhood parks. Mt. Mubong is adjacent to the complex, offering pleasant living conditions year-round and unobstructed green views. A walking trail on Mt. Mubong will be connected to the complex, expected to create synergy with the 4,100㎡ central plaza and water features within the complex. Additionally, a neighborhood park and Namyang Green Health Field Sports Park are planned in front of the complex, attracting strong consumer interest.

A sales official for e-Pyeonhansesang Namyang New Town stated, “e-Pyeonhansesang Namyang New Town is a private-participation public sale project selected by the LH public offering, and competitive sale prices are expected to be set,” adding, “Recently, Namyang New Town has been re-evaluated as an undervalued area, and it will establish itself as a flagship apartment complex where residents can enjoy both actual living and future value.”

The e-Pyeonhansesang Namyang New Town housing exhibition hall will be located at 2232-4 Namyang-ri, Namyang-eup, Hwaseong City, Gyeonggi Province, and is scheduled to open in September. The exhibition hall will operate by appointment only, and for consumers reluctant to visit in person, a cyber housing exhibition hall with various content will also be operated through the website.

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