Hoban Construction, 'Hoban Summit Gaebong' First-Come, First-Served Unit and Building Designation Contract 진행

- Among a total of 317 households, some remaining units are available for first-come, first-served building and unit designation contracts
- Rich living infrastructure and excellent accessibility to Seoul business districts

Hoban Construction is conducting first-come, first-served unit and building designation contracts for ‘Hoban Summit Gaebong,’ supplied in Gaebong-dong, Guro-gu, Seoul.

Hoban Summit Gaebong is located in Gaebong-dong, Guro-gu, Seoul, consisting of 3 buildings with 317 households ranging from 49 to 114㎡ in exclusive area, from 3 basement floors to a maximum of 24 floors above ground. In the first-priority subscription held last September, excluding special supply, 2,776 applicants applied for 110 general supply units, recording an average competition rate of 25.24 to 1.

[‘Hoban Summit Gaebong’ bird's-eye view, provided by Hoban Construction]

Hoban Summit Gaebong attracted high interest even before the subscription due to its rarity as a new apartment in Seoul, reasonable sale price compared to the average sale price, and high future value due to abundant development benefits. With the ongoing first-come, first-served unit and building designation contracts, demanders hoping to enter Seoul, who had been hesitant, are feeling the sharp rise in apartment sale prices and showing renewed interest.

Significant development projects are planned around the Hoban Summit Gaebong complex.

First, in Gaebong-dong where the complex is located, the Gilhun Apartment housing reconstruction project, which has started construction, the adjacent Gaebong 6 District redevelopment project, and redevelopment projects throughout Gaebong-dong are underway. Additionally, in the neighboring Gocheok-dong and Onsu-dong, a total of seven maintenance projects, including the Gaebong 3 District reconstruction project and Gocheok 4 District redevelopment maintenance project, are actively progressing (source: Seoul City Maintenance Project Information). It is expected that the area will transform into a new residential town in the future.

The Sin-Guro Line is also being promoted nearby. The Sin-Guro Line is a route included in the 4th National Railroad Network Plan, connecting Daeya Station in Siheung, Gyeonggi, through Onsu, Gaebong, Yangcheon-gu Office, and extending to Mokdong Station in Seoul. Furthermore, GTX-B Line is being promoted at Sindorim Station, four stops away from Oryu-dong Station. This will further improve transportation conditions in the future. The GTX-B Line is a metropolitan area express railroad connecting Incheon National University Entrance, Seoul, and Maseok.

Road traffic network improvements are also expected. The flattening of Nambu Beltway adjacent to the site and the construction of a new underpass (Keungul Bridge) under the Nambu Beltway are underway. Upon completion, urban aesthetics will improve, and accessibility to the surrounding area and the complex will be enhanced.

Benefits from the Western Truck Terminal Urban High-tech Logistics Complex project planned in Yangcheon-gu, Seoul, are also anticipated. The Western Truck Terminal will be transformed into a comprehensive facility up to 25 floors high, twice the size of Hanam Starfield, including logistics, distribution, and commercial facilities. The upper facilities will provide much-needed retail spaces for the area, and support facilities will include leisure and rest areas, financial and medical facilities for local residents. The city expects this project to improve transportation and environment and attract convenience facilities for residents, becoming a new landmark in the southwest region. Notably, Hoban Summit Gaebong is located within 1.1 km radius of the Western Truck Terminal Urban High-tech Logistics Complex, allowing convenient access to various facilities within the complex in the future.

The complex is within walking distance to Oryu-dong Station on Seoul Subway Line 1, which provides quick access to major business districts such as Yeouido, Yongsan, City Hall, Guro, and Gasan Digital Complex. By car, residents can easily access all areas of Seoul and the metropolitan area via nearby Nambu Beltway (Oryu IC), Gyeongin Expressway, Western Arterial Road, Seoul Ring Expressway, Olympic-daero, Gangbyeonbuk-ro, and Internal Circulation Road. The Gwangmyeong-Seoul Expressway is also planned nearby.

Oryu Elementary School and Gaebong Middle School are accessible on foot, and Gocheok Library and nearby Mokdong academy district are convenient to use. The area is rich in green spaces such as Maebongsan Mountain, Onsu Park, Oryu Station Cultural Park, and Gaebong Park, providing a pleasant residential environment. Gaebong Central Market and Gocheok Neighborhood Market are nearby, along with Costco Gocheok Branch, I-Park Mall Gocheok Branch, NewCore Outlet Singuro Branch, Hyundai Department Store D-Cube City, Gocheok Sky Dome, Seoul Seonam Hospital, and Korea University Guro Hospital.

Hoban Summit Gaebong is designed mainly facing south to maximize natural light and ventilation, and is a car-free park-type complex with abundant landscaping spaces such as sunken plazas and themed streets. Various community facilities including fitness center, GX room, indoor golf range, small library, daycare center, and senior citizen center will be provided within the complex.

Inside the units, kitchen furniture is arranged considering movement flow, and various storage spaces such as dressing rooms are installed to enhance space utilization (varies by type). Variable walls that allow consumers to customize space configurations are also applied. Additionally, some units with an exclusive area of 84㎡ offer open balconies with excellent comfort and openness, and penthouse-type specialized floor plans are configured on the top floors of each building.

The Hoban Summit Gaebong showroom is operating, and the scheduled move-in date is December 2024.

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