GTX-C with Implementation Plan Approval and Imminent Groundbreaking, Spotlight on ‘Gwacheoncheongsa Station Hanyang Sujain’

[GTX-C Route Map]

As the Metropolitan Area Express Train (GTX)-C line project is about to commence construction, expectations are rising for the benefits to residential complexes near the stations.

According to the Ministry of Land, Infrastructure and Transport, the implementation plan for the GTX-C line was approved and announced on December 27, 2023. Approval of the implementation plan means that all necessary permits for actual construction have been granted, and construction is expected to begin as early as this month.

The GTX-C line is a metropolitan area express train connecting Yangju in Gyeonggi Province, passing through Cheongnyangni and Samseong in Seoul, and extending to Gwacheon and Suwon in Gyeonggi Province. Earlier in September, the Ministry of Land, Infrastructure and Transport and the ‘GTX-C Line Corporation’ signed a private investment project implementation agreement, and with the recent approval of the implementation plan, construction is imminent with the goal of opening in 2028.

Experts believe that despite the ongoing market adjustment this year, the GTX lines will act as a major positive factor boosting market sentiment. Along with the GTX-A line scheduled to open early next year, GTX-C and GTX-B lines are also about to start construction sequentially, and the effect of rising housing prices is beginning to appear in earnest.

In fact, residential complexes near the stations of the GTX-A line, which is progressing the fastest among the three GTX lines, have shown an increase in sale prices. According to KB Real Estate, the KB sale price for the officetel ‘Kintex Kkumegreen’ near Kintex Station, with an exclusive area of 84㎡, is around 680 million KRW. It was supplied at prices ranging from the high 200 million KRW to the low 300 million KRW at the time of sale, and the current housing price has roughly doubled. Similarly, the officetel ‘Dongtan Station Lotte Castle’ near Dongtan Station was supplied at prices between 422 million KRW and 448 million KRW for an exclusive area of 84㎡, but the current KB market price has soared to 815 million KRW.

A real estate official stated, “As the GTX lines, which were only talked about, are now about to open or start construction, if the real estate market enters an upward trend again, it is expected to bring even greater value increases,” adding, “Typically, the value increase before construction, when the project gets on track, is the steepest.”

[Perspective view of Gwacheoncheongsa Station Hanyang Sujain]

As demand for areas benefiting from the GTX-C line increases, the officetel ‘Gwacheoncheongsa Station Hanyang Sujain,’ located right in front of the government complex Gwacheon station on the GTX-C line, is attracting attention.

Constructed by Hanyang Co., Ltd., Gwacheoncheongsa Station Hanyang Sujain will be built in Byeolyang-dong, Gwacheon-si, Gyeonggi Province, with 7 basement floors and 22 above-ground floors. It is a complex development combining officetels, office facilities, and commercial facilities, with a total of 288 officetel units ranging from 23㎡ to 55㎡ in exclusive area.

Gwacheoncheongsa Station Hanyang Sujain boasts an ultra-station area location at Government Complex Gwacheon Station on Seoul Subway Line 4, and once the GTX-C line (planned) and Gwacheon-Wirye Line (planned) open, it will transform into a triple station area, making it a highly valued complex for the future.

Visitors to the model house have praised the ease of commuting to Seoul. Using Line 4, it takes about 14 minutes to reach Sadang, and with the planned GTX-C line, it is expected to take about 7 minutes to Samsung, and about 15 minutes to Yangjae using the planned Gwacheon-Wirye Line.

Gwacheoncheongsa Station Hanyang Sujain also offers excellent product features. Unlike apartments, it applies a full-furnished system (except for some types), providing essential home appliances such as a system air conditioner, built-in combo refrigerator, electric oven, washing machine, dryer, and three-burner induction stove as standard.

Additionally, high-end finishing materials, which are generally included as paid options, are provided free of charge to maximize completeness. The entrance step is constructed with engineered stone for all types, kitchen countertops and walls are made of ceramic or engineered stone, and the flooring in the living room, kitchen, and hallway (for type 23, the studio and hallway flooring) can be chosen between porcelain tiles or engineered wood. Furthermore, each floor includes a dedicated storage room for each unit to safely store bulky items or seasonal goods, which is a notable feature.

The model house for Gwacheoncheongsa Station Hanyang Sujain is located in Dongan-gu, Anyang-si, Gyeonggi Province, and a promotional center is also operating in front of the site (Gwacheon-si, Gyeonggi Province).

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