Doosan Construction, Sales of Commercial Facilities at Gimhae Yulha The Sky City Zenith & Frau

Overall commercial building perspective.

[Asia Economy Reporter Kim Min-young] Doosan Construction and Kolon Global announced on the 22nd that they will officially begin leasing the complex shopping and cultural space 'Gimhae Yulha The Sky City Zenith & Frau Commercial Facilities.'

This facility spans 2 floors and consists of a total of 13 sections, with contract areas ranging from approximately 27 to 1461㎡. It is a street-type shopping complex with a total of 301 units. It is part of the 'Gimhae Yulha The Sky City Zenith & Frau' complex, which was leased in April this year, securing a fixed demand of about 15,000 people from 4,393 households.

The complex consists of apartments and officetels with exclusive areas ranging from 64 to 164㎡. It showed an average competition rate of 21.9 to 1, closed in the first priority, and the leasing was 100% completed.

There are a total of 30,000 households nearby, including 19,000 households in Yulha 1 and 2 districts. The Gimhae Tourism Distribution Complex, located right next to the complex, is under construction with a budget of about 1.4 trillion KRW, aiming for completion in 2023. It is expected to benefit from the completion of the Gimhae Tourism Distribution Complex in 2023.

This commercial facility is an income-generating real estate property with free resale and is not included in the housing count, thus exempt from multi-homeowner-related taxation.

The model house is located in Buwon-dong, Gimhae-si, Gyeongnam.

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