Tower Palace in Dogok-dong, Seoul
Residential-commercial apartments, which have relatively low preference compared to general apartments, are attracting attention recently. There is a growing awareness that a medium-large sized’smart one’ should be maintained due to various regulations. The reason why the residential-commercial complex is reevaluated is that it is located in the downtown area and is well equipped with convenient facilities such as commercial facilities. In the aftermath of the spread of the novel coronavirus infection (Corona 19), the convenience of residential and commercial complexes is emerging. Another advantage is that it is relatively strong against inter-floor noise. In this year’s pre-sale market, residential and commercial complexes have been launched in Seoul and local metropolitan cities, and the interest of consumers is increasing.
Residential-commercial complex capable of’one-stop living’
A residential-commercial complex is an apartment in which residential and commercial spaces coexist within a complex. Mainly, the lower floors are used as commercial spaces such as restaurants and offices, and the higher floors are used as residential spaces. Transportation is convenient because it is located in a commercial or semi-residential area. Most subway stations are within 5 minutes on foot.
In the case of a multi-purpose housing complex, movie theaters, shopping facilities, government offices, etc. are located, so it is possible to’one-stop living’ without having to go outside the complex. It is said that it is suitable for living a’Seulse-kwon (area where you can wear slippers)’, which is in the spotlight these days due to the spread of Corona 19.
The prices of representative residential and commercial complexes in Seoul, including Tower Palace in Dogok-dong, Gangnam-gu, are rising. According to the actual transaction price system of the Ministry of Land, Infrastructure and Transport on the 14th, the first 244m2 for Tower Palace was changed to 5.59 billion won on the 21st of last month, changing the highest price. In September last year, it was traded at 5.35 billion won, and then it increased by 240 million won. Tower Palace has been estranged from the apartment building as house prices have slowed over the past four years. However, as prices have risen again recently, it is regaining its reputation as’the synonym for rich apartments’. The biggest attraction is the sharing of excellent school districts in Daechi-dong, such as Whimun High School, Dandaebu High School, and Sookmyung Girls’ High School. When the Gangnam area was designated as a land transaction permission zone in June of last year, Dogok-dong was excluded, and the upward trend continued. An official from K-authorized Dogok-dong said, “The recent trend is increasing, mainly for my products in a well-located complex.”
The residential and commercial complexes in Seocho-dong, Seocho-gu, Mok-dong, Yangcheon-gu, and Jayang-dong, Gwangjin-gu have a similar atmosphere. The 138㎡ dedicated to Acro Vista in Seocho-dong was traded at 2,220 million won in October last year, and then changed hands at the end of the year to 2.3 billion won, an increase of 280 million won. Mok-dong Trapalace Western Avenue exclusive 161m2 was signed in October last year for 2.9 billion won, a new 100 million won. The 163㎡ dedicated to The Sharp Star City in Jayang-dong was also traded at 2.31 billion won in December last year, raising the reported price. An official from Jayang-dong S official said, “The residential-commercial complex, which was stagnant amid the strength of the apartment complex, is being reevaluated as the convenience of the complex is highlighted.”
Residential-commercial sales in Seoul, Daegu, etc.
Seoul Jung-gu Hill State Sewoon
The subscription competition rate of the residential and commercial complex is also showing high. According to the subscription home of the Korea Real Estate Agency, on the 2nd, 48,266 people flocked to the H2 block subscription for’Licencia Familia’ (218 households) supplied by Sejong Yeong-myeon. The competition rate averaged 221.4 to 1. Real estate experts said, “With the spread of Corona 19, the time spent living at home is prolonged, and demand is also focused on the subscription market for residential and commercial complexes where convenient facilities can be used within one building.”
In Seoul, Hyundai Engineering will release’Hillstate Sewoon Central’ this month in blocks 3-1, 4, and 5 of the Sewoon Reorganization Promotion District, Ipjeong-dong, Jung-gu. This residential-commercial complex will be built with a total of 1022 households, with 8 floors below ground and 27 floors above ground. Of these, 487 urban-type housing units completed sale last year, and 535 apartment units will be released this time. The pre-sale price of urban living houses was set at 39 million won per 3.3㎡. As apartments are subject to the upper limit on pre-sale prices, the industry predicts that they will be priced lower than the market price. As it is located in the center of Seoul, it has excellent infrastructure such as convenient transportation network. Euljiro 3-ga Station, a transfer station for subway lines 2 and 3, and Jongno 3-ga station, a transfer station for subway lines 1, 3, and 5, are close by. Government offices such as Jung-gu Office, post office, and police station are located within a 600m radius. Nearby convenience facilities such as Shinsegae Department Store, Lotte Department Store, Lotte Young Plaza, and Lotte Mart are also excellent.
As early as next month, Gyeonggi Housing and City Corporation will supply residential and commercial complexes near Gwanggyo Provincial Office in Gwanggyo New City, Gyeonggi Province. Entering Gwanggyo C6 District, the complex will be built with 216 households (exclusively 60-84㎡) in two buildings. The industry predicts that the pre-sale price per 3.3m2 will be around 25 million won, at half the price of nearby apartments.
Daegu Nam-gu Hillstate Daemyeong Central
Residential and commercial complexes are also sold in local metropolitan cities. Hyundai E&C will present’Hillstate Daemyung Central’ in the 1st area of 221 Daemyeong-dong, Nam-gu, Daegu. It has 5 buildings with 4 floors below the ground and 49 floors. All 861 households (84~150㎡ for exclusive use) are sold in general. Hanshin Engineering & Construction plans to supply’Daejeon Hanshin The Hugh Reserve’ to the original downtown of Jung-gu, Daejeon this month. It is a multi-purpose complex with 5 stories below the ground and 49 stories high. It consists of 418 apartments (75-84㎡ for exclusive use) and commercial facilities.
Reporter Bae Jeong-cheol [email protected]