Suwon’s Yeongtong Xi Central Park Embracing Yeongtong Central Park, February Sale

- Increase in National Participation Rate in Recreational Sports
- ‘Gongpuma’ Apartments Noted as a Key Factor in Housing Market Success

In the housing market, 'Gongpuma' complexes, which embrace parks and green spaces, are gaining popularity just as much as the steady sellers of station-area and school-area complexes. In particular, Gongpuma complexes have been found to have average sale prices about 200 to 300 million KRW higher compared to nearby areas.

According to KB Real Estate Market Prices, within Dongtan New City, the average sale price in Songdong, Hwaseong-si, which includes Dongtan Lake Park, is 978.14 million KRW, approximately 300 million KRW higher than nearby Sancheok-dong and Mok-dong.

Gongpuma complexes are also recognized as steady sellers in the pre-sale market. 'Dongtan Lake Park Nature & e-Pyeonhansesang,' which was pre-sold in Hwaseong-si, Gyeonggi-do last October, is noted as the complex with the highest number of applicants last year (136,695 people). In fact, this complex is located within a 1km radius of Dongtan Lake Park, a regional landmark spanning approximately 1.82 million square meters, as well as Jangji Sports Park and Jangji Neighborhood Park.

[Yeongtong Xi Central Park Bird's-eye View / Photo by GS Construction]

'Cheonggye Riverview Xi,' supplied in Yongdap-dong, Seongdong-gu, Seoul, embraces Cheonggyecheon Stream right next to the complex, along with Yongdap Rest Park, Yongdap Flower Park, and Saesaem Neighborhood Park. Due to this location, 18,255 people applied for 397 households, recording a competitive ratio of 45.98 to 1 in the first priority.

In reality, as more people spend time in pleasant natural environments and participation in community sports increases, demand for Gongpuma complexes is steadily rising. According to the Ministry of Culture, Sports and Tourism, the national participation rate in community sports increased by 0.4% compared to the previous year.

Moreover, parks and green spaces are considered one of the major factors in housing choices. According to the '2021 Housing Survey' released by the Ministry of Land, Infrastructure and Transport, 21% of respondents cited moving to their current residence because they wanted to live in areas with convenient transportation, amenities, cultural facilities, parks, and green spaces, marking a 1.6 percentage point increase from the previous year.

Amid this trend, GS Construction is attracting attention by newly supplying 'Yeongtong Xi Central Park' in Yeongtong-dong, Yeongtong-gu, Suwon, in February.

This apartment complex has a landscaping area exceeding 10,000 square meters. It is directly adjacent to Yeongtong Central Park, which is about 19 times the size of a soccer field (137,062 square meters), and a passage connecting the complex to Yeongtong Central Park is also provided. Additionally, Yeongheung Forest Park, which opened in October 2022 and is about 70 times the size of a soccer field (501,937 square meters), is nearby, allowing residents to enjoy a pleasant and healthy lifestyle.

Furthermore, within a 1km radius, there are about ten schools including Yeongtong Elementary, Yeongtong Middle, Yeongil Middle, and Yeongdeok High School. Not only that, but Suwon City Yeongtong Library and Yeongtong Academy District, a representative educational area of Suwon, are also within walking distance.

Transportation is also well-equipped. 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 accessible on foot, 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 use the large commercial areas and convenience facilities around Yeongtong Station.

Yeongtong Xi Central Park consists of 7 buildings with 2 basement floors and up to 29 floors above ground, totaling 580 households, all composed of the preferred exclusive area of 84㎡. By type, there are △84㎡A 291 households △84㎡B 103 households △84㎡C 107 households △84㎡D 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 will 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, study room, library, and indoor playground. The floor plan is designed as a 4-bay plate-type structure allowing cross ventilation (except for 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 early 2027.

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