Daegu Suseong-gu Beom4man3 Nae 'Manchon Jaileune Complex Commercial Area' Scheduled for Public Bidding in November

Despite the recent rise in construction material prices, a commercial space within the Manchon Jaileune complex in Suseong-gu, Daegu, is being offered through a public bidding process at an affordable sale price (average price per pyeong of exclusive area under 30 million KRW).

The bidding is set at a base price more than 10 million KRW per pyeong cheaper than the base price of the commercial space within the Manchon A apartment complex supplied in 2019 (average price per pyeong of exclusive area 40 million KRW). Real estate insiders around the area say that once regional developments such as Zone 32 and Hyehwa residential areas fully commence, this affordable price will never be seen again, drawing significant attention to the affordable sale price.

Manchon Jaileune is an apartment complex scheduled for occupancy in January 2023, consisting of 607 households, with 6 buildings ranging from 2 basement floors to 26 above-ground floors, and exclusive area types from 77 to 84㎡. Its biggest advantage is its location in the premium educational district of Beom4man3, a core residential area in Daegu, and at the center of the Manchon new residential town development area with 5,000 households. It offers convenient access to Damti Station on Daegu Metro Line 2, and has various wide-area transportation networks including Dalgubeol-daero and KTX·SRT Dongdaegu Station, securing abundant demand from the surrounding area.

The commercial space within the Manchon Jaileune complex, which is being publicly bid this time, secures the demand from 607 resident households and, if it also captures the floating population using nearby Duribong walking trail and Beomeo Park, it is expected to stabilize the commercial district and reduce vacancy burdens, potentially resulting in high rental yields.

Additionally, the commercial space within Manchon Jaileune is composed of 12 exclusive units located at the main intersection along the roadside, making it a rare and highly sought-after commercial area. All units are arranged facing the front, enhancing visibility, openness, and customer accessibility as a street-type commercial space. Another notable advantage is the specialized interior design with no pillar placement inside the commercial units, allowing for more efficient use of space.

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