SH Offers Parking Lot Sites for Sale in Hang-dong, Wirye, and Godeok-Gangil
First-Come, First-Served Private Contracts in Godeok-Gangil District
Competitive Bidding Underway in Hang-dong District
Seoul Housing & Communities Corporation (SH) announced on December 5 that it will be offering five parking lot sites for sale in the Hang-dong, Wirye, and Godeok-Gangil districts.
The estimated price for Parking Lot Site 1 in the Hang-dong district of Guro-gu, which was publicly announced for general sale on December 1, is 5,434,880,000 won. The site will be supplied through a competitive bidding process. The bid opening will take place on December 18 at 10:00 a.m.
The site is adjacent to the planned Hang-dong National Sports Center, which is expected to generate parking demand from future users of the sports center. The Hang-dong Community Center and Our Neighborhood Care Center are also nearby, ensuring stable parking demand from visitors to these administrative and care facilities. Major recreational facilities such as the Blue Arboretum are also located in the vicinity, suggesting robust demand from visitors and tourists.
Parking Lot Site 2 in the Wirye district of Songpa-gu will be supplied through a first-come, first-served private contract. The supply price is 11,968,879,000 won. Located within the North Wirye single-family housing complex, the site can accommodate parking demand from visitors to nearby commercial and residential buildings. If a large hospital is established on the medical complex site across the street, parking demand is expected to increase further.
Three sites in the Godeok-Gangil district of Gangdong-gu-Parking Lot Sites 1, 3, and 7-will also be supplied through a first-come, first-served private contract. If contracts for these sites are concluded within this year, SH plans to provide incentives to licensed real estate agents who facilitate the land sales.
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The supply price for Parking Lot Site 1 is 6,447,340,000 won. Located in the central area of Biz Valley, the site is characterized by strong demand from workers at nearby small and medium-sized enterprises, as well as from visitors to the planned JYP Building and IKEA. The supply prices for Parking Lot Sites 3 and 7 are 9,884,730,000 won and 2,584,200,000 won, respectively.
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