Doosan Construction 'Seongseong Lake City Doosan We’ve' March Sale

Basement 2 to 29 Floors Above Ground, 11 Buildings, Exclusive 59~74㎡, Total 1,468 Units Branded Large Complex
Located in Large-Scale Urban Development Zone in Cheonan Northwest Area... One-Stop Living with Education, Convenience, and Parks
Close to Multiple Industrial Complexes for Work-Residence Proximity... Development Planned for Upseong Reservoir, Notaegong Park, etc.

Doosan Construction plans to sell units of ‘Seongseong Lake City Doosan We’ve’ in Seongseong 4 District Urban Development Zone (around 734 Seongseong-dong), Seobuk-gu, Cheonan-si, Chungcheongnam-do, this coming March.

This complex will be developed on a scale of 1,468 households across 11 buildings, ranging from 2 basement floors to 29 above-ground floors, with exclusive areas of 59 to 74㎡. The number of households by exclusive area is △59㎡A 147 units △59㎡B 99 units △74㎡A 813 units △74㎡B 409 units, consisting only of small to medium-sized units preferred by actual users.

The Seongseong Lake City Doosan We’ve is located in the Seongseong District (Districts 1 to 4), a large-scale urban development project covering approximately 727,000㎡ in the northwestern area of Cheonan-si. About 8,000 apartment units, parks, schools, roads, commercial facilities, and other living infrastructure are being developed together. Residential facilities in District 1 (Cheonan City Xi), District 2 (Cheonan Lake Town 3rd Prugio), and District 3 (Cheonan Lake Town 1st and 2nd Prugio) have already been sold and occupied.

■ One-stop living with education, parks, and convenience... Convenient transportation networks including roads and subway

Seongseong Lake City Doosan We’ve offers an excellent educational environment. Within a 5-minute walk from the complex is Cheonan Seongseong Elementary School, and according to the district unit plan, two kindergartens, two elementary schools, and one middle school are planned, enabling safe commuting for children. Additionally, within a 1 km radius, many educational facilities such as Seongseong Middle School, Oseong Middle School, Dujeong Middle School, and Dujeong High School are concentrated.

The residential environment around the complex is also pleasant. Within the Seongseong District, about 83,000㎡ of green spaces, children’s parks, and neighborhood parks are planned, allowing residents to easily enjoy leisure activities nearby. Moreover, to the north of the complex is Upseong Reservoir Waterside Ecological Park (scheduled for completion in 2021), and to the south, natural environments such as Notaesan Mountain can be enjoyed nearby.

Convenience facilities are abundant as well. E-Mart (Cheonan Seobuk Branch) is within walking distance from the complex, and Lotte Mart (Seongseong Branch) and Costco (Cheonan Branch) are located about a 10-minute drive away. The planned 18,000㎡ business and commercial facility site within Seongseong District is also nearby, enabling convenient residential life.

Transportation conditions are well established. Cheonan IC is nearby, making access to the Gyeongbu Expressway easy. Samsung-daero and Beonyeong-ro are also adjacent, facilitating convenient movement to surrounding industrial complexes and throughout Cheonan-si. Within a 1.5 km radius, Dujeong Station on Subway Line 1 is located, allowing access to KTX Cheonan-Asan Station just five stops away.

■ Noted as a residential area supporting nearby industrial complexes... Development benefits expected including parks and new station construction

Seongseong Lake City Doosan We’ve is also attracting attention as a residential area supporting nearby industrial complexes. Surrounding the complex are the Cheonan 3rd General Industrial Complex, where Samsung SDI and Samsung Display are located, as well as Cheonan 2nd and 4th General Industrial Complexes and Cheonan 3rd Foreigner-Only Industrial Complex, concentrating about 53,000 workers (*based on Cheonan City Hall data), indicating potential demand for nearby housing.

Benefits from corporate investment attraction in nearby industrial complexes are also expected. In January, global chemical materials company DuPont confirmed the establishment of a photolithography resist production plant for extreme ultraviolet (EUV) in the Cheonan 3rd Foreigner-Only Industrial Complex, worth approximately 32.5 billion KRW. Samsung Display is investing 13 trillion KRW in its Asan 1 Campus to build the world’s first ‘QD Display’ mass production line, the ‘Q1 Line,’ by 2025. This is expected to create about 80,000 jobs over five years in addition to new hires (*based on employment inducement coefficients from the Bank of Korea’s input-output tables).

Several development benefits are also planned. First, a waterside ecological park will be created around the 528,000㎡ Upseong Reservoir area. It will feature a waterside promenade, nature observation bridges, bird watching facilities, and a wildflower garden. If completed as scheduled in 2021, it is expected to be reborn as a landmark park in Cheonan City where families can enjoy leisure time.

Additionally, the private park development project within nearby Notaesan Park is accelerating. This project plans to develop about 180,000㎡ of the 255,000㎡ neighborhood park site into a park, while the remaining approximately 74,000㎡ will be supplied with non-park facilities such as apartments.

The new Buseong Station construction project within Buseong District, located 1.5 km from the complex, is also underway. In August last year, Cheonan City started a feasibility study for the Buseong Station construction project as part of a mid- to long-term plan for a new transportation system to prepare for a future population of 1 million. After the study results are announced in June this year and the project is fully launched, transportation conditions in Seobuk-gu, Cheonan-si, are expected to improve significantly.

■ Sale rights transferable immediately after contract... High interest from both actual residents and investors

Since Seongseong Lake City Doosan We’ve is supplied in a non-regulated area, applicants qualify for first priority after only six months of subscription to the housing subscription savings account. Residency restrictions only require living in the area before the announcement date. Sale rights can be transferred immediately after the contract, attracting high interest not only from actual residents but also from investors in nearby regulated areas such as Daejeon Metropolitan City and Sejong Special Self-Governing City.

Meanwhile, the model house for ‘Seongseong Lake City Doosan We’ve’ is located at 1429 Seongjeong-dong, Seobuk-gu, Cheonan-si, Chungcheongnam-do, with move-in scheduled for January 2023.

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