Sejong City, Remaining 3 Parcels of 'Sejong Tech Valley' for Sale

Location map of remaining land parcels for sale in Sejong Tech Valley. Provided by Sejong City.

[Asia Economy (Sejong) Reporter Jeong Il-woong] Sejong City announced on the 30th that it will conduct tenant recruitment and sales of the remaining land in the 4-2 Living Zone Sejong Tech Valley (Urban High-tech Industrial Complex) in collaboration with the Korea Land and Housing Corporation Sejong Special Headquarters.

The land for sale includes one remaining industrial site and two complex-use sites (partially allowing neighborhood living facilities) out of a total of 52 parcels available for sale. The sale price is set at 1.9 million KRW per 3.3㎡ for industrial land and 2.77 million KRW per 3.3㎡ for complex-use land.

Companies wishing to move in must prepare an application form based on the tenant screening guidelines and submit it to the Korea Land and Housing Corporation Sejong Special Headquarters between August 23 and 27.

After the application deadline, the city and the Korea Land and Housing Corporation Sejong Special Headquarters will conduct quantitative evaluations on existing business scale, technology, financial capability, and building plan scale, as well as qualitative evaluations on management performance, business plans, and financing plans.

In addition, in September, the ‘Sejong Tech Valley Policy Deliberation Committee’ will be held to review and evaluate applications, select candidates for negotiation, and announce the results. Companies selected as candidates for negotiation will sign tenant contracts and land sales contracts by mid-October.

For more detailed information regarding tenant recruitment and land sales, please refer to the Sejong Tech Valley website or contact the Korea Land and Housing Corporation Sejong Special Headquarters.

A city official stated, “Given the excellent location conditions and relatively affordable sale prices, we expect high interest from companies,” adding, “The city will do its best to foster Sejong Tech Valley as a growth hub for high-tech industries through the sales process.”

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