Sale of Gyeonggi Gwangju Public Knowledge Industry Center... 40% Cheaper Compared to Surrounding Market Prices

Aerial view of the public knowledge industry center 'Opportunity Biz Gyeonggi Gwangju Station' by Gyeonggi Housing and Urban Corporation (GH)

Gyeonggi Housing and Urban Corporation (GH) is offering the public knowledge industry center in Gwangju-si, Gyeonggi-do at about 40% below the surrounding market price.

On the 20th, GH announced that it will supply 86 industrial facilities in the public knowledge industry center of ‘Opportunity Biz Gyeonggi Gwangju Station,’ which is being constructed at 417-2, Yeokdong, Gwangju-si, Gyeonggi-do, with 3 basement floors and 14 to 24 floors above ground.

Opportunity Biz Gyeonggi Gwangju Station will be developed together with a knowledge industry center, neighborhood living facilities, and officetels (integrated public rental housing). The expected move-in date is October 2026.

Companies wishing to move in must meet the qualification requirements stipulated in the ‘Act on the Promotion of Industrial Clusters and Factory Establishment.’ This includes advanced technology industries, high-tech sectors, knowledge industries, information and communication industries, and manufacturing (urban-type factories).

The average supply price is reasonably set at the mid-8 million KRW range per 3.3㎡, which is up to 40% lower compared to the market price of knowledge industry centers in nearby Pangyo and Seongnam areas. The down payment is 10%, reducing the initial financial burden.

Manufacturing companies relocating from the metropolitan area overconcentration control zone can receive a 100% exemption on corporate tax or income tax for five years. For the following two years, there is a 50% reduction benefit. Eligible tenants will also receive a 35% reduction each on acquisition tax and property tax until 2025 under the Local Tax Special Cases Restriction Act.

Opportunity Biz Gyeonggi Gwangju Station also offers an optimized transportation environment, with Gyeonggang Line Gyeonggi Gwangju Station located within a 5-minute walk, allowing quick access to major business areas such as Gangnam (31 minutes) and Suseo (12 minutes planned).

Additionally, Gyeonggi Gwangju Station is planned to be served by the Suseo-Gwangju Line and GTX-D Line, enabling it to enjoy a triple station area in the future.

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