GH Supplies 'Sale and Lease Sites' at Yeoncheon BIX Industrial Complex

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Housing and Urban Corporation (GH) is set to supply industrial land within Yeoncheon BIX (Business & Industry Complex).

On the 13th, GH announced that it will supply sale lots (6 parcels) and rental lots (12 parcels) within the Yeoncheon BIX industrial complex, jointly developed with Yeoncheon County, located at 273-4 Tonghyeon-ri, Yeoncheon-eup, Yeoncheon-gun, Gyeonggi Province, covering an area of 600,000㎡.

The sale lots available range from a minimum of 3,820㎡ to a maximum of 4,198㎡ per parcel. The sale price, based on development cost, is set at approximately 830,000 KRW per 3.3㎡, which is cheaper than nearby industrial complexes.

Eligible industries for occupancy include food manufacturing and chemical substances and chemical products manufacturing.

The rental lots range from a minimum of 919㎡ to a maximum of 2,400㎡ per parcel. The rental deposit is 10% of the development cost, and the annual rent is about 8,000 KRW per 3.3㎡, which is 1% of the development cost.

The rental period is 5 years, with the possibility of one renewal or conversion to sale after the period ends. Eligible industries for occupancy include food manufacturing and textile product manufacturing (excluding clothing).

GH will accept on-site applications from the 27th to the 29th of this month. After screening by Yeoncheon County, the occupants will be selected on the 22nd of next month.

A GH official explained, "Yeoncheon BIX industrial complex is equipped with excellent transportation infrastructure, including the subway Line 1, scheduled to open next year, National Road 3, and National Road 37."

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