GS Construction Launches Sales for Yangpyeong-dong Knowledge Industry Center Yeongdeungpo Xi Tower

GS Construction announced on the 25th that it will sell Yeongdeungpo Xi Tower, a knowledge industry center located in the Yangpyeong 12th District Urban Environment Improvement Project area.

Yeongdeungpo Xi Tower bird's-eye view. [Photo by GS Construction]

Yeongdeungpo Xi Tower is located in the area of 243-1, Yangpyeong-dong 1-ga. It consists of 200 factory units and 37 commercial units (including 13 units for union members) in a building with 2 basement floors and 12 above-ground floors. The basement 1st and 2nd floors are warehouses, the 1st and 2nd floors above ground are neighborhood living facilities, and from the 2nd to the 12th floors above ground are factories.

Yeongdeungpo Xi Tower boasts an optimal location for business. It is within walking distance of Yangpyeong Station on Line 5 and Yeongdeungpo-gu Office Station on Seoul Subway Lines 2 and 5. Yeouido Station, which is 4 stops from Yangpyeong Station, provides access to Line 9 and the planned Shinansan Line. Additionally, through Seonyu-ro and Yeongdeungpo-ro, it has road networks connecting to major roads such as the Western Arterial Road, Olympic-daero, and Gangbyeonbuk-ro, enabling convenient access to key areas and downtown Seoul.

The business and living infrastructure is also excellent. It offers convenient access to public offices such as Yeongdeungpo-gu Office and Yeongdeungpo Tax Office, as well as Costco, Lotte Mart, shopping malls, and natural ecological parks, creating abundant rental demand from small and medium-sized enterprises. Many SMEs are linked with large corporations and public institutions, and the vacancy rate is relatively low.

Yeongdeungpo Xi Tower has a total parking capacity of 271 spaces, securing ample parking compared to legal requirements, and plans include bicycle parking, an energy-saving system, and green building certification.

Yeongdeungpo Xi Tower offers various tax benefits such as acquisition tax and property tax reductions, and to ease the burden on contractors, a 10% down payment, interest-free interim payments, and low-interest loan benefits will also be provided.

A GS Construction sales official said, “The area where Yeongdeungpo Xi Tower is located was a semi-industrial zone with residential facilities alongside small factories and tool markets, but it is being redeveloped with a high floor area ratio, so its potential value can be expected.”

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