LH Gwangju-Jeonnam Regional Headquarters will supply commercial facility sites within Seonun 2 District.


On the 8th, through a bidding process, two rare commercial facility sites (Commercial 1, Commercial 2 BL) within Gwangju Seonun 2 District will be supplied.


After mid-month, parking lot, gas station·and self-sufficient facility sites totaling 4 plots will be additionally supplied.


LH Gwangju-Jeonnam, Supply of Commercial Facility Sites in Seonun 2 District View original image

Seonun 2 District is a public housing district developed over 398,000㎡ in the areas of Seonam-dong, Unsu-dong, and Sochon-dong. The project started in January 2021 with a budget of 303.3 billion KRW and is scheduled for completion in December 2024.


Seonun 2 District is adjacent to Gwangju Seonun 1 District and Gwangju Songjeong Station, and is expected to emerge as a new commercial area in Gwangju due to the future development of the Gwangju Songjeong Station KTX station area and industrial area redevelopment plans.


Gwangju Seonun 2 District will house a total of 3,033 households (7,698 people), including Gwangju-Jeonnam’s first newlywed hope town (741 units).


It is attracting local residents' attention by creating a resident-friendly public housing complex, including a childcare-specialized complex considering the educational environment and a smart complex considering pedestrians and transportation-vulnerable groups.


The area of Commercial 1 Block is 4,394㎡ (1,329 pyeong), with a bidding base price of 19.3 billion KRW (14.55 million KRW per pyeong), and Commercial 2 Block is 4,607㎡ (1,394 pyeong), 19.7 billion KRW (14.15 million KRW per pyeong).


The payment condition is a 3-year interest-bearing installment plan, and the land use availability date is after July 11 next year.


Applications for commercial facility sites can be made through the LH Subscription Center. Bidding applications and bid deposit payments are accepted from 10 a.m. on June 7 to 4 p.m. on June 8.



The bid opening will be after 5 p.m. on the 8th, and the announcement of the successful bidder can be checked on the LH Subscription Center website after 6 p.m. on the same day.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing