GS Construction Draws Attention with ‘Yeongtong Ja-i Central Park’ Featuring Prime Location

- Polarization Deepens in the Seoul Metropolitan Area
- GS Construction to Launch New Sales of ‘Yeongtong Xi Central Park’ Next Month

Polarization in the housing market is intensifying even within the Seoul metropolitan area. Amid this trend, complexes boasting excellent ‘location’ continue to attract high demand and achieve successful sales.

According to the monthly sales price index from the Korea Real Estate Board, areas such as Suwon, Gwacheon, and Gwangmyeong have been steadily rising since the first half of this year. In contrast, some regions including Uijeongbu and Dongducheon have recorded consecutive weeks of decline.

In Gwacheon, the index turned positive in June and has maintained an upward trend with △0.48% in July △0.63% in August △0.87% in September △0.8% in October △0.3% in November. Gwangmyeong shifted to an upward trend from May, rising △1.03% in June △1.32% in July △1.43% in August △1.11% in September △0.66% in October △0.24% in November. Suwon also turned positive from May and has maintained growth with △0.1% in June △0.25% in July △0.51% in August △1.03% in September △0.07% in October △0.36% in November.

[Yeongtong Xi Central Park Perspective / Photo by GS Construction]

The reason for this polarization within the metropolitan area is location. Areas with good accessibility to Seoul or favorable proximity to workplaces can defend prices more easily even in a declining market and can quickly experience growth during recovery phases. Furthermore, as factors such as transportation, employment opportunities, school districts, convenience of living, and natural environment have recently become key criteria for determining location, more people are turning their attention to complexes supplied in areas with a combination of these location advantages.

This year, the complex with the highest number of applicants (136,695) is ‘Dongtan Lake Park Jayeon & e-Pyeonhan Sesang,’ which is planned to be supplied near the semiconductor cluster in Yongin, Gyeonggi Province. It boasts proximity to workplaces and is also a ‘school district’ with walking access to Iseul Elementary School, Seoyeon Elementary School, and Seoyeon High School.

The first complex to be supplied in Seoul this year, ‘Yeongdeungpo Xi Dignity,’ is located in an ultra-station area adjacent to Yangpyeong Station on Line 5. It is recognized for its top-tier location with large supermarkets, department stores, living infrastructure, proximity to Anyangcheon Park, and school districts. This complex recorded a remarkable 198.76 to 1 ratio in the first-priority subscription, demonstrating its popularity.

An industry insider said, “Locations equipped with infrastructure preferred by demanders not only make residential life convenient but also have high rarity, attracting strong demand. Areas with excellent location maintain an upward trend even during market adjustment phases and can expect rapid value appreciation during recovery phases.”

Amid this, GS Construction is attracting attention by newly supplying ‘Yeongtong Xi Central Park’ in Yeongtong-dong, Yeongtong-gu, Suwon, in January.

This apartment complex is surrounded by more than 10 schools within a 1 km radius, including Yeongtong Elementary School, Yeongtong Middle School, and Yeongdeok High School. Moreover, residents can walk to Suwon City Yeongtong Library and the representative Yeongtong academy district.

It is also adjacent to Yeongtong Central Park, which is about 19 times the size of a soccer field (137,062㎡), and close to Yeongheung Forest Park, which opened in October 2022 and is about 70 times the size of a soccer field (501,937㎡), allowing for a pleasant and healthy lifestyle.

Transportation is well established as well. Yeongtong Station on the Suin-Bundang Line is within a 5-minute walk, and the Yongin-Seoul Expressway and Gyeongbu Expressway are nearby. Large supermarkets such as Homeplus (Suwon Yeongtong branch) and Lotte Mart (Yeongtong branch) are within walking distance, and the Suwon Sports and Culture Center, where various sports and hobbies like swimming and golf can be enjoyed, is close by. It is also easy to access large commercial areas and convenience facilities around Yeongtong Station.

Yeongtong Xi Central Park consists of 7 buildings with 580 households, ranging from basement level 2 to a maximum of 29 floors, and all units are the highly preferred exclusive area of 84㎡. The unit types include △84㎡A with 291 households △84㎡B with 103 households △84㎡C with 107 households △84㎡D with 79 households.

GS Construction plans to design Yeongtong Xi Central Park’s exterior to stand out by considering the surrounding landscape and location characteristics, and to provide themed gardens and children’s playgrounds blending green spaces and resting areas throughout the complex grounds.

The community facility, Club Xi-an, will include a fitness center, golf practice range, screen golf, sauna, reading room, library, and indoor playground. The floor plans are designed with a 4-bay plate-type structure allowing cross ventilation (except some types), and will incorporate the latest specialized designs such as walk-in entrances, large dressing rooms, and pantries.

The model house will be located near the Yeongtong Xi Central Park site, and move-in is scheduled for the end of 2026.

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