Northeast Area's Leading Cheongnyangni Powerhouse 'Lotte' to Unveil 'Cheongnyangni Lotte Castle High Luce' in June

[Cheongnyangni Lotte Castle High Luce Perspective View]

Lotte Construction's apartment brand, 'Lotte Castle,' is emerging as the top player in Cheongnyangni, which is transforming into a major transportation hub in the northeastern area of Seoul.

'Cheongnyangni Lotte Castle High Luce,' being developed through the redevelopment of Cheongnyangni District 7, is generating increased interest in Lotte Castle apartments as it prepares for sales in June.

In fact, the area around Cheongnyangni Station has long been familiar with the 'Lotte' brand due to the early presence of Lotte Department Store and Lotte Mart, but attention to the apartment brand began when Lotte Construction won the bid for Cheongnyangni District 4 in the past.

Especially in July, the 'Lotte Castle SKY-L65' apartment, developed through the redevelopment of Cheongnyangni District 4, is attracting attention as it prepares for move-in after about four years since its general sale in 2019. This apartment complex consists of a total of 1,425 households, with an 84㎡ unit having been traded for 1.1293 billion KRW (61st floor) on May 11, and the same size unit was traded for 1.35 billion KRW in 2022.

Currently, high-floor units of the same size are priced between 1.5 billion and 1.7 billion KRW, establishing the complex as a regional landmark.

In May, Lotte Construction was selected as the contractor for the redevelopment project of Cheongnyangni District 8. Cheongnyangni District 8 is a project to build a total of 610 households in the Cheongnyangni-dong area of Dongdaemun-gu.

Cheongnyangni District 8 is adjacent to Cheongnyangni District 7's 'Cheongnyangni Lotte Castle High Luce,' which has 761 households, separated by Jegi-ro, and combined, the two complexes will form a large-scale complex of 1,371 households.

'Cheongnyangni Lotte Castle High Luce,' launching sales this month, will be built in the Cheongnyangni-dong area of Dongdaemun-gu, consisting of 9 buildings ranging from 6 basement floors to 18 above-ground floors, with a total of 761 households. Among these, 173 households with exclusive areas of 51㎡ and 59㎡ will be offered for general sale.

With the development of Cheongnyangni Station into a major transfer center and the creation of the Hongneung Bio Campus, the future value is also high. Cheongnyangni Station serves six lines including Subway Line 1, Gyeongui-Jungang Line, and KTX, and in the future, four additional lines including GTX-B and GTX-C will be added, making it a representative wide-area transportation special zone in the northeastern region. The Hongneung Bio Campus will transform into a bio-industry hub with anchor facilities for bio, medical, and health industries through the urban regeneration project around Hongneung-ro.

Adjacent to Hongneung Neighborhood Park and Cheonjang Mountain, residents can enjoy a pleasant living environment within the city. Schools such as Samyuk Elementary School, Cheongnyang Middle School, Cheongnyang High School, as well as Korea University, Kyung Hee University, and Hankuk University of Foreign Studies are nearby.

A sales official stated, “This complex, located in the Cheongnyangni area that embodies Lotte Construction's brand power and future value through various development projects, has already received many inquiries,” adding, “We will do our best to supply quality apartments that meet consumer expectations.”

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