Booyoung, 18 Store Units at Busan New Port 'Sarangro Booyoung' Commercial Complex Open for Competitive Bidding

Busan New Port Sarangro Booyoung Bird's-eye View

[Asia Economy Reporter Ryu Taemin] Booyoung Group is conducting a bid for the commercial stores of Busan New Port Sarangro Booyoung Complex 3 and 4 in Yongwon-dong, Jinhae-gu, Changwon-si, Gyeongnam.

Booyoung Group announced on the 16th that it will start a competitive bid for the Complex 3 stores and proceed with the bid for the Complex 4 stores on the 21st. The base price is set at 3 million to 11 million KRW per 3.3㎡, which is a reasonable price compared to the surrounding market prices.

The commercial stores consist of a total of 18 stores on floors 1 to 3 above ground, with exclusive areas ranging from 33 to 134㎡. By complex, there are 10 stores in Complex 3 and 8 stores in Complex 4. Since these stores secure a fixed demand base from residents of a large complex with a total of 1,368 households, stable profits can be expected.

The bidding and contract will be conducted at the Busan New Port model house.

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