Non-Regulated Areas Attract Investment Due to the "Balloon Effect"... "Yongin Gorim Dongmun The East" Emerges as a Residential Hub Near Workplaces

The so-called "balloon effect" is becoming increasingly evident in the housing market. As government lending regulations and tax burdens become stricter in core areas of Seoul and the greater metropolitan region, demand is shifting toward non-regulated areas with relatively fewer restrictions.

In particular, demand is surging in the southern Gyeonggi region as "exodus from Seoul" buyers, fatigued by the high barriers to entry in Seoul, seek more realistic alternatives.

Among these areas, Cheoin-gu in Yongin City stands out as a prime beneficiary. The district offers both the massive positive impact of a planned semiconductor cluster and a location that is outside the main regulatory zones, attracting a growing influx of out-of-town buyers and genuine home seekers.

In fact, the number of apartment sales transactions in Cheoin-gu, Yongin has increased noticeably since the October 15 real estate measures. According to an analysis by RealToday, a real estate research company, based on data from the Ministry of Land, Infrastructure and Transport’s Actual Transaction Price Disclosure System, the number of apartment transactions in Cheoin-gu, Yongin rose from 349 during October-December 2024 to 583 during the same period in 2025, representing an increase of about 68%.

■ Boost from Semiconductor Mega Cluster and Expanded Transportation Network... Emerging as a Residential Hub with Proximity to Work

The main reason Cheoin-gu is attracting attention from buyers is the full-scale launch of the world’s largest semiconductor mega cluster, spearheaded by Samsung Electronics and SK Hynix. Both the government and private companies have confirmed large-scale investment centered around the "Yongin Advanced System Semiconductor National Industrial Complex" in Namsa and Idong-eup, Cheoin-gu, and the "Yongin Semiconductor Cluster General Industrial Complex" in Wonsam-myeon. The area will host Samsung Electronics' foundry production line and SK Hynix's next-generation memory facilities, which are expected to drive up regional value through the creation of hundreds of thousands of jobs and a significant influx of population in the future.

The expansion of the transportation network further supports the semiconductor boom. The Second Capital Region Ring Expressway, Yeongdong Expressway, and Gyeongbu Expressway make it easy to access the entire metropolitan area. Public transportation accessibility is enhanced by the Yongin Everline light rail, while the upcoming full opening of GTX-A Guseong Station in June and the planned extension of the Gyeonggang Line are expected to further improve access to Seoul and other major hubs. As a result, Cheoin-gu is evolving beyond a simple suburban residential area into a self-sufficient city with real proximity between work and home.

■ ‘Yongin Gorim Dongmun The East’: Proximity to Semiconductor Cluster, Transportation, and Non-Regulated Status

As a result, new residential complexes being supplied in Cheoin-gu, Yongin, are drawing significant interest. "Yongin Gorim Dongmun The East," developed as part of the Gorim 2 District urban development project, is a prime example.

[Dongmoon Construction, Perspective View of Yongin Gorim Dongmoon The East]

The complex will be located at 620 Gorim-dong, Cheoin-gu, Yongin-si, Gyeonggi-do. It will consist of six buildings with two basement floors and 23 above-ground floors, offering a total of 350 units with exclusive areas of 59, 75, and 84 square meters. The layout focuses on small and medium-sized units, which are favored by genuine buyers, thereby broadening the appeal to a wider customer base.

"Yongin Gorim Dongmun The East" is situated within the living sphere of the semiconductor mega cluster, directly absorbing demand for residential proximity to workplaces. It is also recognized as an ideal residential area thanks to its comprehensive educational, transportation, and daily life infrastructure.

The complex allows convenient access throughout Yongin City via Gojin Station on the Everline light rail, and by transferring to the Bundang Line at Giheung Station, residents can travel to major business districts such as Pangyo and Gangnam. Within a 500-meter radius of the complex, there are a planned kindergarten and Gojin elementary, middle, and high schools, making it a "quadruple school zone." Residents also enjoy the rich infrastructure of both the Gorim district and the old town center of Yongin, including Hanaro Mart, E-Mart, and Yongin Central Market.

The fact that the area is non-regulated also lowers the barriers to entry. With a subscription savings account held for at least 12 months and a sufficient deposit, applicants can apply for first-priority subscriptions regardless of household head status or home ownership, and they are exempt from re-winning restrictions. In addition, interim payment loans are relatively easy to obtain, and it is also advantageous to secure loan limits when converting to a balance loan at the time of move-in, making it easier to plan financing—a key strength of the project.

Meanwhile, the model house for "Yongin Gorim Dongmun The East" will be located in Dongcheon-dong, Suji-gu, Yongin-si, Gyeonggi-do.

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