Lotte Construction Opens Cyber Model House for 'Daegok Station Lotte Castle El Classy' on the 16th and Starts Sales

Daegok Station Lotte Castle El Classy Perspective View

[Asia Economy Reporter Donghyun Choi] Lotte Construction announced on the 16th that it has opened a cyber model house for ‘Daegok Station Lotte Castle El Classi,’ being developed in 251-12 Todang-dong, Deogyang-gu, Goyang-si, Gyeonggi Province, and will begin full-scale sales.

The complex consists of 12 buildings ranging from 2 basement floors to 29 above-ground floors, with a total of 834 units of 59㎡ and 84㎡ (exclusive area), of which 254 units will be available for general sale. It is composed of 42 units of 59㎡ and 212 units of 84㎡. With excellent education and transportation conditions, outstanding living infrastructure, and abundant development prospects, it is expected to attract high interest from actual buyers.

Inside the complex, a luxurious exterior and finishing materials applying Lotte Castle’s unique design will be used, along with polyvinyl chloride (PVC) double-glazed windows and light-emitting diode (LED) lighting. The community facilities are also notable. There will be daycare centers capable of childcare by age group, a library, reading rooms, a fitness center and GX room equipped with various exercise equipment, a golf practice range, and a senior citizens’ center.

It also boasts excellent transportation networks. Nearby are Daegok Station, a transfer station for Subway Line 3 and the Gyeongui-Jungang Line, and Neunggok Station on the Gyeongui-Jungang Line. Additionally, the currently underway Metropolitan Area Express Railway (GTX) Line A (Unjeong~Dongtan) will pass through Daegok Station, and the Seohae Line (Daegok~Sosa section) is also planned, which will provide a total of four (quadruple) lines in the future.

According to the Ministry of Land, Infrastructure and Transport, GTX A, which held its groundbreaking ceremony in December 2018, is currently under construction and aims to open by the end of 2023. Upon opening, travel times are expected to be reduced by about 70-80% compared to before, with Unjeong to Seoul Station taking 20 minutes, Kintex to Seoul Station 16 minutes, and Dongtan to Samsung 22 minutes.

Furthermore, once the Seohae Line (Daegok~Sosa) opens, it will take just one stop from Daegok Station to Gimpo Airport, a transfer station for Lines 5 and 9 and the Airport Railroad. This will enable travel to Mapo, Gongdeok, Yeouido, Gangnam, and other areas within 30 minutes, allowing access to a total of seven lines. The Seoul Outer Ring Expressway is also nearby, facilitating easy travel to other regions.

Education and living infrastructure are also excellent. Within walking distance are Neunggok Elementary, Middle, and High Schools, allowing parents to send their children to school with peace of mind. Additionally, Goyang City Haengsin Library, Todang Children’s Park, and Jido Park are nearby, providing ample opportunities for hobbies, leisure, and exercise.

Surrounding the complex are facilities such as Nonghyup, Lotte Mart (Hwajeong and Goyang branches), Neunggok Post Office, Goyang Police Station, Neunggok-dong Administrative Welfare Center, and Goyang Children’s Museum. IKEA, Starfield (Goyang branch), and Kintex are also easily accessible, offering a convenient and rich living environment. In particular, the Neunggok New Town area where the complex is located is planned to be developed as a mini new town with about 10,000 households, further enhancing the infrastructure.

The complex also has abundant development prospects and future value nearby. According to Goyang Urban Management Corporation, a large-scale Daegok Station area development project of about 1.8 million square meters is planned near the complex, aiming for completion in 2027. This will include a complex transfer center and facilities for advanced knowledge industries, residential, commercial, logistics, distribution, and medical services.

The Goyang Ilsan Technovalley development project is also a positive factor. It will be developed on about 850,000 square meters and will promote augmented and virtual reality (AR·VR) industries leading the 4th Industrial Revolution, ICT-based advanced convergence industries, and broadcasting and video content industries. Goyang City plans to start compensation work and approval procedures this year for construction, begin construction in 2021, and complete the complex construction by 2023.

A Lotte Construction official said, "The complex offers premium features in every aspect through Lotte Construction’s specialized design, so its future value is expected to be very high."

The subscription schedule starts with special supply on the 27th, followed by first priority local applicants on the 28th, first priority others on the 29th, and second priority on the 30th. The announcement of successful applicants will be on November 5th, and the official contract period will be from November 16th to 20th for five days. Move-in is scheduled for December 2022.

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