IPARK Hyundai Development to Launch Sales of 'Gimhae Sinmun Central IPARK' This Month

13 Buildings, 1,379 Units

IPARK Hyundai Development Company announced on June 4 that it will begin sales of 'Gimhae Sinmun Central IPARK' this month in Sinmun-dong, Jangyu Sinmun District, Gimhae, Gyeongnam Province.

The complex will consist of 13 buildings, ranging from 2 basement levels to a maximum of 25 above-ground floors, with a total of 1,379 units. By exclusive area, there will be 1,140 units of 84㎡A·B, 191 units of 113㎡, and 48 units of 128㎡.

Perspective view of 'Gimhae Sinmun Central I-Park' in Gimhae, Gyeongnam. IPARK Hyundai Development Company

The Jangyu Sinmun District, where the complex will be located, is an urban development site covering approximately 556,270㎡. It will be developed with infrastructure such as apartment complexes, detached houses, schools, and parks. In connection with the development of Sinmun District 1 to the north and the construction of the Gimhae Tourism Distribution Complex to the south, a residential town of about 15,000 units is expected to be formed in the area.

The area also offers a well-established living environment. Within walking distance are Lotte Premium Outlet, Hanaro Club, and Lotte Cinema, all located in the Gimhae Tourism Distribution Complex. The complex is adjacent to Jangyu and Yulha Districts, making it possible to share living infrastructure. Sinmun Elementary School, which opened last year, is within walking distance, and Jangyu Middle School as well as the Yulha academy district are nearby. The Joman River runs alongside the complex, and there are also green spaces nearby such as the Ecological Sports Park, Banryong Mountain, and Yongdu Mountain.

The area also offers convenient access to transportation between Gimhae and Busan. ChilSan-ro and Jangyu-ro make it easy to get around Gimhae, and using Namjangyu IC and Jangyu IC allows for quick access to surrounding areas such as Busan and Changwon.

Rail transportation is also expected to improve. The 'Jangyu Station' on the double-track Bujeon-Masan line, which connects Bujeon Station in Busan and Masan Station in Changwon over a total length of 51 km, is scheduled to open. The section between Masan Station in Changwon and Gangseo Kumho Station in Busan will open first in the first half of next year. Once open, major areas such as Busan and Changwon will be accessible within one hour. The complex is also located near several industrial complexes including the Busan Science Industrial Complex, Busan-Jinhae Free Economic Zone, and Gimhae Golden Route Industrial Complex.

The complex is mainly oriented to the south. Inside the development, a central plaza of about 14,200㎡ connected to the Joman River waterfront will be created, along with a 520-meter walking trail and a park-style garden. There will also be a community facility of about 6,200㎡.

The model house will be located in the Daecheong-dong area of Gimhae.

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