High-speed train riders continue record prices in 'The Sharp' area... Spotlight on 'The Sharp Yangpyeong Riverforet' near Yangpyeong Station

‘The Sharp,’ a leading apartment brand in Korea, is attracting attention. Most of The Sharp apartments located near high-speed trains such as KTX and SRT are setting the highest prices in their respective areas. Consequently, ‘The Sharp Yangpyeong Riverforet,’ which opened its model house on the 30th of last month in Yangpyeong and has begun full-scale sales, is also gaining attention.

The first apartment to become a hot topic was ‘Dongtan Station Sibeom The Sharp Central City,’ located near SRT Dongtan Station. According to the Ministry of Land, Infrastructure and Transport’s actual transaction price data, the 84㎡ exclusive area of this apartment was traded for 1.255 billion KRW in December last year, marking the highest price for an 84㎡ unit in Hwaseong City last year. The ‘Cheonan Buldang Ziwell The Sharp’ apartment in Cheonan, Chungnam, is similar. The 84㎡ exclusive area of this apartment was traded for 915 million KRW in November last year, setting a record high for an 84㎡ unit in Cheonan Seobuk-gu.

The reason why The Sharp apartments near high-speed trains are renewing the highest prices in their regions is analyzed to be the synergy effect between The Sharp’s brand power and the accessibility to Seoul via high-speed trains such as KTX and SRT. KTX and SRT are high-speed railways with maximum speeds exceeding 300 km/h, significantly improving access to Seoul from provincial or metropolitan outskirts.

This month, ‘The Sharp Yangpyeong Riverforet,’ which opened its model house and started full-scale sales, is a hot topic throughout the metropolitan area. This is because it is within walking distance of Yangpyeong Station on the KTX and Gyeongui-Jungang Line, and it is the first The Sharp brand apartment to be built in Yangpyeong. Moreover, since it is located in Yangpyeong, a non-regulated area in the metropolitan region with high investment value, it is attracting not only actual buyers but also investors.

The Sharp Yangpyeong Riverforet will be developed in Yangpyeong-gun, Gyeonggi-do, consisting of 6 buildings with 4 basement floors and up to 23 floors above ground, totaling 453 households. The subscription schedule starts with special supply on the 10th, followed by first priority on the 11th, and second priority on the 12th. The announcement of winners will be on the 18th, and the official contract period will be held for four days from May 31 to June 3.

The Sharp Yangpyeong Riverforet is within walking distance of Yangpyeong Station on the KTX and Gyeongui-Jungang Line, and using the KTX allows access to Seoul Station in about 40 minutes. Additionally, the second metropolitan area ring expressway sections from Yangpyeong to Hwado are scheduled to open in 2022, and from Yangpyeong to Icheon in 2026, making travel to other areas much easier. Especially, last month, the Seoul (Songpa) to Yangpyeong highway passed the preliminary feasibility study, raising expectations further. This road, connecting 27 km from Songpa, Seoul to Yangpyeong, will reduce travel time from Yangpyeong to Seoul to about 15 minutes once opened.

Yangpyeong is a scarce non-regulated area in the metropolitan region, where residents aged 19 or older living in Gyeonggi-do, Seoul, or Incheon can apply for first priority subscription. Anyone who has held a subscription savings account for more than one year and meets the deposit requirements for each housing type can apply as first priority, regardless of whether they are household heads, household members, or multiple homeowners. There is no restriction on re-winning, and resale of the subscription rights is allowed six months after the announcement of winners. Tax burdens are also lighter, as acquisition tax surcharges do not apply to non-homeowners or single homeowners.

Nearby are Binyangsan, Namhangang Bicycle Path, Yanggang Island Park, and Yangpyeong Narukke Festival Park. Yangpyeong public cultural facilities equipped with nearby art museums, cultural centers, gyms, and lifelong learning centers are also located nearby. Elementary, middle, and high schools such as Yangpyeong Elementary, Yangpyeong Middle, Yangil Middle, and Yangil High are close, along with traditional markets, Lotte Mart, Hanaro Mart, and hospitals.

More than 70% of the households in The Sharp Yangpyeong Riverforet can enjoy views of the Namhangang River, and residents can fully appreciate the abundant natural scenery such as Binyangsan and Namhangang from the on-site observation deck. The complex’s center features a street park and flower street, decorated with trees that beautifully change with the seasons, including pocket shelters and lobby gardens. Various rest areas and playground facilities are also provided throughout the complex.

The large entrance storage space offered as a paid option in some units is perfect for households who enjoy riding and camping as hobbies. Specialized designs such as hotel-style bathrooms are also available. Diverse community facilities including an indoor golf range, fitness center, GX room, multi-room, and education zones, reading rooms, and book cafes for children will be established.

The model house is currently operating in the Yangpyeong-gun area of Gyeonggi-do.

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