Dongmoon Construction, Commercial Spaces for Sale within 'Gwangyang Dongmoon The East' Complex in Jeonnam

Location of 'Gwangyang Dongmun The East' Commercial Complex in Jeonnam

Dongmoon Construction announced on the 15th that it will offer commercial spaces within the complex for sale ahead of the move-in for the ‘Gwangyang Dongmoon The East’ apartments in Jeollanam-do scheduled for January next year.

The apartment complex, located in A1 Block of the Gwangyang Wau District, consists of 15 buildings ranging from 2 basement floors to 27 above-ground floors, with a total of 1,114 households, each with an exclusive area of 84㎡. Move-in will begin in January 2023.

The commercial spaces within the complex, located on the first floor of the main entrance, consist of a total of 16 units: units 101 to 109 in Building 1 and units 110 to 116 in Building 2. These are arranged side by side along the roadside, offering excellent accessibility and visibility. Each unit from 101 to 109 in Building 1 is designed to be around 36㎡ (approximately 10 pyeong) in exclusive area, making them suitable for convenience stores, real estate offices, stationery shops, laundries, snack bars, and other resident convenience facilities.

Units 110 to 116 in Building 2 are confirmed to be occupied entirely by Daechi academies specializing in Korean, English, and Mathematics, establishing the area as an education-focused commercial zone. Across the street, construction is underway for Wau Elementary School, which aims to open in the first half of 2023.

The contract terms are a 10% deposit, 10% interim payment, and 80% balance payment upon move-in, with a public competitive bidding process scheduled for the 27th.

The Wau District, where the complex is located, is an urban development project covering 636,550㎡, designed to accommodate about 3,000 households and approximately 10,000 residents. It is being developed by Gwangyang City to ensure systematic urban development and enhance urban competitiveness.

A sales official stated, "Since the Wau District is currently in the early stages of development, the ratio of commercial spaces is very low. Additionally, it can secure a demand base of about 2,000 households within the district, and due to its geographical characteristics, it forms a jar-shaped commercial area, which is advantageous for continuously securing loyal customers."

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