GH, Sale of 5 Industrial Facility Lots in Pyeongtaek Poseung District

Pyeongtaek Poseung District Bird's-eye View

Gyeonggi Housing and Urban Corporation (GH) will supply five industrial facility sites in the Pyeongtaek Poseung (BIX) district of the Gyeonggi Free Economic Zone through private contracts.

The land being supplied this time is the remaining quantity after the supply in February, totaling approximately 10.5 billion KRW. The supply area is about 22,043㎡, with individual plots ranging from a minimum of 3,019.7㎡ to a maximum of 9,107.8㎡. The supply price is set at the development cost, with each plot priced between a minimum of 1.43 billion KRW and a maximum of 4.32 billion KRW.

Eligibility requirements include ▲Manufacturing of electronic components and communication equipment (C26) ▲Manufacturing of electrical equipment (C28) ▲Manufacturing of other machinery and equipment (C29) ▲Manufacturing of automobiles and trailers (C30) ▲Manufacturing of other transportation equipment (C31).

The district being sold this time is a logistics and transportation hub with excellent accessibility to Pyeongtaek Port, National Road No. 38, and the Seo-Pyeongtaek IC on the West Coast Expressway. It is also convenient for linkage with nearby industrial clusters such as multiple finished car factories and Samsung Electronics. The supply price, about 20% lower than the surrounding market price, is also attractive.

The Pyeongtaek Poseung (BIX) district is the core hub district within the Gyeonggi Free Economic Zone, the only free economic zone in Gyeonggi Province, located in Poseung-eup, Pyeongtaek City. The project is implemented by GH and Pyeongtaek Urban Corporation.

Covering a total area of 2.04 million㎡, it includes 780,000㎡ of industrial facility land, 550,000㎡ of logistics facility land, as well as residential facilities, neighborhood living facilities, and other support facilities. The project was completed in December 2020, and land use is possible immediately upon full payment of the land price.

Applications can be submitted from 10 a.m. on the 18th at the GH headquarters first floor in Gwonseon-gu, Suwon. Installment payments of up to three years are available depending on the sale amount.

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