[Full Bloom Spring Sale] GS Construction 'Buksuwon Xi Rexvia'

Indeogwon~Dongtan Double-Track Subway Station Planned

[Asia Economy Reporter Kim Hyemin] GS Construction is unveiling its first large-scale ‘Xi’ apartment complex with over 2,600 households in Suwon, Gyeonggi Province.

On the 30th, GS Construction will open the first-priority (local area) subscription for the ‘Buk Suwon Xi Rexvia’ apartments located at 530-6 Jeongja-dong, Jangan-gu, Suwon-si, Gyeonggi-do. This mammoth complex consists of 21 buildings ranging from 2 basement floors to a maximum of 29 floors above ground, with a total of 2,607 households. The general sale units also reach 1,587 households. The complex is designed with various housing types ranging from 48 to 99㎡ (exclusive area).

Following the local area first-priority subscription on this day, the first-priority subscription for other areas will be held on the 31st. The winners will be announced on the 7th of next month, and the official contracts will take place from April 19 to 30. The average sale price is 18.43 million KRW per 3.3㎡. Depending on the area, prices range from a minimum of 335.8 million KRW to a maximum of 727.4 million KRW, with the advantage of mid-term loan availability.

The complex name ‘Rexvia’ is a compound of the Latin words ‘Rex,’ meaning king, and ‘Via,’ meaning road. It was named because the surrounding area was a road used by King Jeongjo during the late Joseon Dynasty when he traveled to Suwon.

Nearby is Sungkyunkwan University Station on Seoul Metropolitan Subway Line 1, with good access to Gyeongsu-daero and Yeongdong Expressway. According to the 2030 Suwon Urban Master Plan, the Indeokwon-Dongtan double-track railway’s Buk Suwon Station is expected to be newly established nearby by 2026. Elementary schools are within walking distance, and middle and high schools are also close. The complex will include a community center equipped with a fitness center and an indoor golf practice range.

The model house will be set up on-site. Move-in is scheduled for March 2024.

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