Are Commercial Facilities Also Following the 'Haksegwon' Trend?... What Are the Various Premium Features of Gimpo Commercial Facilities? View original image


As the government continues its real estate policies targeting the housing market, commercial facilities with various advantages as income-generating real estate products are emerging.


When discussing the advantages of commercial facilities, elements that attract foot traffic such as proximity to subway stations and bus stops are usually mentioned. Along with these, various factors such as residential demand from apartments and officetels, as well as office worker demand, are also considered.


Among these, what has recently been gaining presence in the commercial market is the "Haksegwon" environment, meaning proximity to elementary, middle, and high schools. When academic facilities such as schools or academies are nearby, essential facilities frequently used by students like stationery stores, academies, and clinics are established, and there is steady demand for F&B (food and beverage) commercial facilities such as cafes and restaurants targeting parents and school staff, making commercial property income promising.


In particular, commercial facilities located around academic institutions are also attractive because they are developed into pleasant commercial districts. Haksegwon commercial areas are designed to harmonize with the surrounding scenery, including stores mainly used by students, giving a relatively comfortable atmosphere compared to other commercial districts.


Accordingly, commercial facilities built around newly opening schools are attracting investors' attention. When a school opens, it is possible to secure new customers, and in the long term, stable commercial income can be expected by securing loyal fixed demand.


- Where are the commercial facilities expected to benefit from the ‘Haksegwon’ effect?


Recently, the commercial facility drawing attention is "Gimpo Pine Star," located around Geolpobukbyeon Station on the Gimpo Gold Line.


Gimpo Pine Star is a "Haksegwon" commercial facility adjacent to academic institutions such as the recently opened Gimpo Najin Elementary School and nearby Geolpo Elementary School. As academic facilities are established, English, math, and Taekwondo academies are also opening one after another, making the Haksegwon merit highly valued.


It also has fixed demand, which is considered the most important point for commercial facilities. Gimpo Pine Star is located near the large apartment complexes of Hangang Metro Xi 1 to 3 complexes, consisting of a total of 4,229 households, and within a 1 km radius, apartments such as Osta Paragon 1 to 3 complexes and Hangang Parkview Woobang IU Shell are occupied, securing a large-scale fixed demand.


There are also various facilities that can secure a large floating population. Gimpo Maru Park, located right in front of Gimpo Pine Star, is in the final stages of development, and other facilities attracting foot traffic such as Sinhyang Park and Geolpo Central Park are nearby, allowing expectations for mid- to long-term customer acquisition.


Thanks to these various merits, Gimpo Pine Star is on a high growth trajectory. Recently opened F&B commercial facilities within Gimpo Pine Star, including Paris Baguette, Hollys Coffee, 60 Chicken, Nuna Hol Dak, and GS25, have attracted many customers. The simultaneous occupancy of Hangang Metro Xi apartments and the opening of academic facilities naturally increased foot traffic, enlivening the commercial facilities.



A real estate official explained, "Generally, academic facilities such as schools are essential elements when establishing commercial facilities," adding, "Various fixed demands arise from students, school staff, and parents, so diverse commercial districts are formed around academic facilities."


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

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