GS Construction Opens 'Bukseoul Xi Polaris' Model House on the 14th

327 Units for General Sale Out of 1,045 Total
First Xi Brand in Gangbuk-gu... Double Station Access at Samyang Station on Ui-Sinseol Line & Mia Station on Line 4
Special Supply on 21st, First Priority Subscription on 24th

Perspective view of Bukseoul Xi Polaris. (Provided by GS Construction)

[Asia Economy Reporter Kim Hyemin] GS Construction announced on the 13th that 'Bukseoul Xi Polaris,' the first Xi apartment supplied in Gangbuk-gu, Seoul, will open its model house on the 14th and officially begin sales.

This complex is a redevelopment of Mia 3 District in Gangbuk-gu, Seoul, consisting of 15 buildings ranging from 3 basement floors to 22 above-ground floors, with a total of 1,045 households. Among them, 327 units will be available for general sale. The subscription schedule starts with special supply on the 21st, followed by first-priority subscriptions on the 24th and 25th. Winners will be announced on the 4th of next month, and move-in is scheduled for August 2024.

Bukseoul Xi Polaris is adjacent to Samyang Station on the Ui-Sinseol Line. Mia Station on Subway Line 4 is also within walking distance. It is easy to access the Internal Circulation Road and Northern Arterial Road by car. Connectivity is expected to improve further with the opening of the Dongbuk Line light rail in 2025 and the Metropolitan Express Train (GTX)-C line in 2027, enhancing access to areas such as Gangnam.

Samyang Elementary and Suyu Elementary schools are within walking distance for commuting. There are many schools within a 1 km radius, including Yeonghun Elementary, Hwaggye Middle, Miyang Middle, as well as Hyehwa Girls' High and Miyang High. Opposite the complex is Lotte Mart, and within a 2 km radius are Suyu Market, Hyundai Department Store, Lotte Department Store, and E-Mart.

Bukseoul Xi Polaris will supply more than 60 large units with an exclusive area of 112㎡. Since 50% of the housing units exceeding the national standard size of 84㎡ are supplied by lottery, even those with low scores have a higher chance of winning. First-priority subscription is also available for one-homeowners. GS Construction stated that partial loans for interim payments will be possible even for households with a sale price exceeding 900 million KRW.

A GS Construction sales official said, "About 10,000 households are expected to move in once the active maintenance projects near the complex are completed," adding, "The value of Bukseoul Xi Polaris will also increase further."

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