‘Gonjiam Station Central I-Park’, Model House Opens on the 13th

- GTX-D Development Plan, Improved Gangnam Accessibility... New Urban Development Area Gonjiam Station Area Draws Attention

New residential facilities in the Gwangju area of Gyeonggi-do, which is regarded as an emerging residential area due to its proximity to Bundang and Pangyo and excellent access to Gangnam, are enjoying premiums worth hundreds of millions of won. At the same time, attention is focusing on the Gonjiam Station area, where a new urban development site is being supplied.

According to actual transaction price data from the Ministry of Land, Infrastructure and Transport, new residential facilities around Gwangju Station on the Gyeonggang Line are being traded with premiums exceeding 300 million won compared to the sale price.

The ‘e-Pyeonhansesang Gwangju Station’ complexes 2 and 4, which were completed in October and November 2016, were supplied at about 350 million won at the time of sale but have been traded for up to 710 million won, forming a premium of 360 million won.

In particular, ‘Gwangju Station Jayeon & Xi,’ a large complex of 1,031 households adjacent to Gwangju Station (completed in November 2021), recently recorded an actual transaction price of 780 million won, forming a premium of 340 million won compared to the sale price, establishing itself as a leading complex driving the local market prices.

Additionally, ‘Gwangju Station Woobang Iushel Complex 2’ (completed in September 2018), which is somewhat farther from Gwangju Station, also has a premium of about 220 million won, indicating that new residential facilities centered around Gwangju Station are enjoying premiums worth hundreds of millions of won.

Given this situation, demand is focusing on the Gonjiam Station area, a new urban development site located two stations away from Gwangju Station.

An industry expert said, “The warmth of the Gwangju real estate market, which had been attracting attention due to its proximity to Bundang and Pangyo, is expanding along with various favorable factors such as the development of new urban development sites and improved access to Gangnam due to GTX development. As actual transactions with premiums worth hundreds of millions of won occur around Gwangju Station, a demand concentration phenomenon is expected toward the new residential area of several thousand households around Gonjiam Station.”

‘Gonjiam Station Central I-Park,’ supplied by HDC Hyundai Development Company in the Gonjiam Station urban development site, which is expected to continue the warmth of the real estate market around Gwangju Station, is scheduled to open its model house on the 13th and begin full-scale sales.

Located in the A1-2BL area of the Gonjiam Station urban development zone in Gwangju City, ‘Gonjiam Station Central I-Park’ consists of four buildings ranging from two basement floors to 22 floors above ground, with a total of 347 units of 84 to 110 square meters in exclusive area. ‘Gonjiam Station Central I-Park’ boasts the best location conditions within the new residential town of more than 3,600 households being developed near Gonjiam Station, including the Gonjiam Station urban development district and the Sindae district, and is expected to have high future value.

‘Gonjiam Station Central I-Park’ is a super-station area complex adjacent to Gonjiam Station on the Gyeonggang Line. In particular, it is the closest complex to Gonjiam Station within the Gonjiam Station urban development district under development, boasting an excellent public transportation network.

From Gonjiam Station, which is adjacent to ‘Gonjiam Station Central I-Park,’ it is possible to reach Pangyo Station in about 20 minutes using the Gyeonggang Line, and Gangnam is accessible within 30 minutes.

Especially, with the Ministry of Land, Infrastructure and Transport planning the GTX-D line through the ‘Three Major Innovation Strategies in the Transportation Sector’ announced last January, the accessibility to Gangnam from ‘Gonjiam Station Central I-Park’ is expected to improve further.

Gonjiam IC is located near the complex, making highway use convenient and facilitating out-of-town travel by car.

‘Gonjiam Station Central I-Park’ offers a pleasant residential environment with Gonjiam Cheonsu Riverside Park and Gonjiam Neighborhood Park located in front of the complex.

Moreover, Gonjiam Elementary School, Gonjiam Middle School, and Gonjiam High School, located south of Gonjiam Station, are within walking distance, and a new elementary school is planned to be established within the Gonjiam Station urban development district, providing an excellent educational environment.

A sales official of ‘Gonjiam Station Central I-Park’ said, “As it has the best location conditions within the Gonjiam Station urban development district, where more than 3,600 households are newly supplied, it is expected to establish itself as a representative residential facility in the area. With not only the existing Gyeonggang Line but also the opening of GTX, accessibility to Seoul is expected to improve further, so high demand from buyers is anticipated.”

The model house for ‘Gonjiam Station Central I-Park’ is scheduled to open on December 13 in Songjeong-dong, Gwangju-si, Gyeonggi-do.

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