Shinyoung 'Jewel Homes Wangsimni' Rental Housing Completed... Tenant Recruitment Underway

3-Minute Walk from Wangsimni Station... Ultra-Prime Location with 299 Units

Exterior of Shinyoung 'Jewel Homes Wangsimni' (Photo by Shinyoung)

[Asia Economy Reporter Moon Jiwon] Shinyoung announced on the 23rd that it has completed construction of 'Gwell Homes Wangsimni,' located at 26, Gosan-ja-ro 14-gil, Seongdong-gu, Seoul, and will recruit tenants within this month.

Gwell Homes Wangsimni is Shinyoung's third corporate rental housing following Gwell Homes Dongdaemun in 2017 and Gwell Homes Seocho last year. The Shinyoung Group oversaw development, construction, and rental management.

Gwell Homes Wangsimni is a railway idle land development project near Wangsimni Station, located in a station area. It offers easy access to Seoul's central business district via Line 2 and the Bundang Line, and with eight universities including Hanyang University within 3 km, it is expected to have abundant rental demand.

Additionally, nearby infrastructure includes E-Mart, Enter Six, CGV, and Seongdong-gu Office, providing diverse amenities.

The complex consists of 299 units ranging from 16 to 36㎡ in size, spanning from two basement floors to 19 floors above ground. The room types are designed as 1 to 1.5 rooms to accommodate the recent increase in 1-2 person households, categorized into Standard, Medium, and Large. Furthermore, the product line is subdivided into eight room types, offering options such as interior design, dressing rooms, built-in wardrobes, and terrace specializations for residents to choose from.

Monthly room cleaning, private storage, and professional security services are provided as standard to enhance residential convenience. The second-floor community space reflects the lifestyles of people in their 20s and 30s with diverse personalities and professions, featuring shared offices, shared kitchens, cafeterias, GX rooms, game rooms, and study rooms.

Gwell Homes Wangsimni collaborated with designer Choi Jung-ho, who planned spaces such as the Lotte Department Store VIP lounge and Banyan Tree Hotel pop-up restaurant, applying Gwell Homes' unique identity to the interior design. Lee Byung-hee, CEO of Shinyoung Asset Management, said, "We planned the product with the concept of residential spaces that can accommodate diverse personalities," adding, "We plan to supply rental housing in key urban locations on a long-term basis."

'Gwell Homes Wangsimni' offers sample rooms for viewing on-site and will be available for move-in starting next month.

Shinyoung 'Jewel Homes Wangsimni' Large Type Living Room (Photo by Shinyoung)

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