- 'Shinyeong Jiwell Stay Gaebong Station' Special Supply on February 28
- Priority 1 Starts on March 2

[Shinyoung Jiwel Estate Gubeong Station Perspective View (Provided by Shinyoung Construction)]

[Shinyoung Jiwel Estate Gubeong Station Perspective View (Provided by Shinyoung Construction)]

View original image

Shinyoung Construction, a subsidiary of Shinyoung Group, will kick off the sales of ‘Shinyoung Ziwell Estate Gaebong Station’ starting with a special supply on February 28. Having recorded consecutive sales successes with officetels near Dapsimni Station and Byeollae Station in Seoul, the leading domestic developer continues its undefeated sales streak in Guro-gu.


The continuous sell-out of apartments supplied by Shinyoung Construction in the sales market is attributed to excellent site selection and abundant development prospects.


In November last year, ‘Dapsimni Station Ziwell Estate’ in Dongdaemun-gu, Seoul, attracted 5,783 applicants for 144 units, recording an average competition rate of 40.2 to 1. In particular, the 59㎡A exclusive type saw the highest competition rate of 135.7 to 1. This complex is located in an ultra-station area near Seoul Subway Line 5’s Dapsimni Station, with various convenience facilities nearby, offering excellent living conditions. It also features abundant green spaces and a specialized 3-Bay layout, which were key factors in its sales success.


Similarly, ‘Byeollae Station Ziwell Estate’ in Guri-si, Gyeonggi-do, which was launched in November last year, successfully secured early contracts for 165 units of the 84㎡ exclusive type. ‘Byeollae Station Ziwell Estate’ is just a 3-minute walk from Byeollae Station on the Gyeongchun Line and is conveniently close to Gyeongchunbuk-ro, Galmae IC, and the Metropolitan Area 1st Circular Expressway. Additionally, it benefits from upcoming developments such as the extension of Line 8 to Byeollae Station, GTX-B, and the Seoul-Sejong Expressway. Once Line 8 is completed, it will take about 20 minutes to reach Jamsil in Seoul.


Another advantage of Shinyoung Construction is its design that reflects ample storage space to enhance the usability of small floor plans. ‘Dapsimni Station Ziwell Estate’ in Dongdaemun-gu, Seoul, attracted 5,783 applicants for 144 units, recording an average competition rate of 40.2 to 1, with the 59㎡A exclusive type showing the highest competition rate of 135.7 to 1.


‘Shinyoung Ziwell Estate Gaebong Station,’ expected to continue the sales success in Seoul and the metropolitan area, opened its model house on the 18th and officially started sales.


Starting with special supply on February 28, applications will be accepted for first priority in the local area on March 2, first priority in other areas on March 3, and second priority for residents in both local and other areas on March 4. The winners will be announced on March 11. Contracts will be signed over three days from March 22 to 24.


As it is outside the price ceiling system area, resale is possible after ownership transfer registration. The payment terms are 10% deposit, 40% interim payment, and 50% balance, with the 40% interim payment subject to deferred interest. Move-in is scheduled for July 2024.


‘Shinyoung Ziwell Estate Gaebong Station’ consists of one building from basement level 4 to ground level 20, with a total of 122 households and 31 commercial units. It offers 90 units of 59㎡ preferred by newlyweds and people in their 30s and 40s, 17 units of 44㎡, and 15 units of 39㎡ for people in their 20s and 30s and 1-2 person households. The commercial area within the complex totals 31 units with a sales area of 2,253㎡.


The 59㎡ type is designed with a 3.5-Bay layout (3 rooms, 2 bathrooms) that provides excellent lighting and ventilation. The living room is centrally located, separating public and private spaces. This layout is suitable for newlyweds and three-person households. It includes a dressing room, pantry, and exclusive storage for residents, offering ample storage space. Additionally, the revised parking law (changing the existing width from 2.3m to 2.5m) provides comfortable parking spaces.


Located just 50 meters from Exit 2 of Gaebong Station on Seoul Subway Line 1, it is an ultra-station area. From Gaebong Station, it takes 10 minutes to Yeongdeungpo Station and 20 minutes to Yongsan Station. The nearby Nambu Beltway and Seobu Expressway make access to Seoul’s three major business districts (downtown, Yeouido, Gangnam) easy. Sindorim Station, where the GTX-B line passes, is also nearby. Last year, the underground construction from Seongsan Bridge South End on the Seobu Expressway to Geumcheon IC was completed, making travel to downtown and the western outskirts of the metropolitan area more convenient.


The apartment is surrounded by dense convenience facilities. Within a 1km radius are 2001 Outlet, Guro Seongsim Hospital, and Gocheok Sky Dome. Additionally, a complex shopping mall, I’Park Mall, and Costco are scheduled to open about a 5-minute walk away around October this year, providing various conveniences. Nearby schools such as Gowon Elementary, Gyeongin Middle, and Gyeongin High are within walking distance, making it a so-called school district apartment. Anyangcheon Stream and Gaebong Neighborhood Park are also close, offering a pleasant living environment.


Well-being systems for convenient living include an external access control and security system, a ventilation system for a comfortable indoor environment, and an energy system linked with a home network that allows temperature control and prevents power leakage remotely. Exclusive fitness centers and community facilities for residents will also be provided.



Moreover, each apartment type includes pantries and other storage solutions to secure ample storage space. The use of leftover space storage cabinets and dual storage cabinets highlights efficient space utilization. The in-unit IoT system enhances convenience, allowing control of home appliances and lighting through a smartphone application. Features include automatic notifications for package arrivals, elevator auto-call, and vehicle entry information verification, as well as access to the shared entrance.


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

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing