Lifestyle Infrastructure and Department Stores Within Walking Distance: Spotlight on "Terrace99 Dongtan" Slsekwon Location

In the real estate market, so-called "Slsekwon" locations are becoming increasingly popular. This refers to residential environments where one can conveniently access a wide range of lifestyle infrastructure such as department stores, large supermarkets, parks, and hospitals even in slippers. Such areas are rare in the Seoul metropolitan area, making them highly valued.

Interest in the Dongtan Station Metropolitan Business Complex (Gwangbikom) district is growing, especially as the number of one- and two-person households—who prioritize residential convenience and overall satisfaction—is on the rise.

Lotte Department Store Dongtan, the largest in southern Gyeonggi Province, boasts a total floor area of 200,000 square meters, offering a multi-purpose space with shopping, F&B, and cultural facilities all in one location. Nearby, Emart Traders and the recently opened Dongtan District Office (opened in February) are within walking distance, making everyday shopping and administrative tasks easy to manage.

On top of the underground Gyeongbu Expressway, a park spanning 89,729 square meters is scheduled for completion in 2027. Once the 1.2-kilometer linear park is built, it is expected to serve as both a commuting trail and a relaxation area. In addition, according to a development agreement between LH and Korea University Medical Center, a provisional Korea University Dongtan Hospital with more than 700 beds will be constructed in the vicinity, greatly improving access to comprehensive medical care.

Expansion of cultural infrastructure is also underway. Following the opening of Hwaseong Arts Center in January this year, plans are in place to open a municipal art museum in 2029, transforming the area into a multifaceted community combining commercial, cultural, medical, and transportation amenities.

These location advantages are aligned with the demand for proximity between work and home among employees of nearby industrial complexes, such as Samsung Electronics Giheung·Hwaseong campuses and SK hynix Icheon campus. Additionally, with the GTX-A and SRT Dongtan Station enabling travel to Seoul's Gangnam area in about 20 minutes, residents can enjoy both convenience and easy access to their workplaces.

"Terrace99 Dongtan" will be supplied in Yeoul-dong, Hwaseong-si, Gyeonggi Province, a core area of Gwangbikom. The complex consists of 99 units across 13 floors above ground and 4 basement levels.

The layout focuses on two-room units, with every unit featuring a terrace or balcony to enhance park views and the use of outdoor space. The first floor includes a premium lobby, the fourth floor offers a residents-only fitness center, the top floor features a specialized attic design, and there is a shared rooftop garden. While 73.7% of officetel supply in Dongtan 2 New Town has been concentrated on studio units, the provision of two-room residences expands options for potential buyers.

This high-end, terrace-equipped two-room offering is expected to elevate the standard of residential products in the area while absorbing latent demand.

The complex is located in a non-regulated area, so anyone over the age of 19 can apply for a unit without restrictions related to subscription savings accounts, home ownership, or place of residence, and the lottery system is used for all units. Immediate resale is possible after contract, and the subscription schedule runs from June 25 to 28, with winners announced on June 29 and contract signing on July 2–3. The initial contract deposit is set at a flat rate of KRW 10 million, and all interim payments are interest-free, reducing the initial financial burden.

A sales representative stated, "This location offers walking access to Lotte Department Store, Emart Traders, the upper-level park, and Korea University Dongtan Hospital," adding, "As the surrounding infrastructure is completed, the living value of the complex will become even more prominent."

The "Terrace99 Dongtan" gallery will be located on Dongtan-daero, Hwaseong-si, Gyeonggi Province, and move-in is scheduled for the second half of 2028.

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