Ongoing Net Outmigration from Seoul...

More End-Users Choose Gyeonggi Border Cities with Superior Access to Seoul

Gwangmyeong Draws Attention for Its Proximity to Seoul

and Easy Access to Major Business Districts like Yeouido

Recently, homebuyers looking to avoid the surging housing prices and burdensome living costs in Seoul have been relocating to areas adjacent to Seoul known as "Seoul-Adjacent Zones," where property prices are relatively more competitive.


In fact, net outmigration from Seoul to Gyeonggi Province has been ongoing due to high housing prices and the shortage of Jeonse rental properties. According to the Ministry of Data and Statistics, from January to May of this year, 131,195 people moved from Seoul to Gyeonggi Province. This figure is up 11% compared to the same period last year. The trend continued in June, with a net outflow of 5,697 people from Seoul and a net inflow of 5,161 into Gyeonggi Province, showing that the outflow from Seoul is still ongoing.


The increase in net inflow to Gyeonggi Province is attributed to a growing number of actual end-users choosing to live in cities bordering Seoul while still working in Seoul. As the majority of office workers have their daily lives centered around Seoul, they are choosing areas that offer lower housing costs but also allow for quick access to Seoul's primary business districts (GBD, YBD, and CBD) via public transport and road networks.


Real estate experts noted, "With Seoul's chronic housing supply-demand imbalance pushing up prices, more homebuyers who can no longer afford to stay are turning to nearby areas with excellent access to Seoul to purchase homes." They added, "Especially in areas with superior transportation infrastructure and excellent connectivity to Seoul, demand is high and more buyers are moving in. That could lead to further increases in property values in these areas in the future."


Against this backdrop, Gwangmyeong is emerging as a representative "Seoul-Adjacent Zone." Although it is administratively part of Gyeonggi Province, it is perceived as being part of the Seoul metropolitan area, thanks to its immediate proximity to the capital.


Gwangmyeong offers easy access to the Gangnam area via Subway Line 7 and boasts a comprehensive transportation network centered around KTX Gwangmyeong Station. Traveling to major business districts such as Yeouido and Gwanghwamun is also convenient by bus or subway.


Additionally, upcoming major transportation infrastructure openings, such as the Shinansan Line and the Wolgot-Pangyo Line, are expected to greatly improve access to Yeouido and Pangyo in the near future.


As redevelopment in Gwangmyeong New Town nears completion, the market's attention is shifting to newly developed residential zones adjacent to it, such as the Gureumsan Urban Development Zone, where a pleasant natural environment and systematic infrastructure are being established.


Amid this trend, a new residential project will soon be launched in Gwangmyeong City, drawing market attention. The development in question is "Gwangmyeong City Pradium Eduheim," which City Construction plans to bring to market in September in the Gureumsan Urban Development Zone. The complex will consist of six buildings with two basement levels and 22 above-ground floors, offering 426 units with exclusive areas of 59 square meters and 84 square meters.

Rendering of Gwangmyeong City Pradium Eduheim

Rendering of Gwangmyeong City Pradium Eduheim

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The Gureumsan District, where the complex is located, is part of a large-scale urban development project spanning approximately 770,000 square meters in Sosa-dong, Gwangmyeong City. It will feature a residential complex with approximately 5,050 units as well as commercial, cultural, and public facilities. In addition to its locational advantage of sharing infrastructure from both KTX Gwangmyeong Station and Sosa-dong, its high potential for growth as a new residential town positions it as a promising new residential hub for southern Gwangmyeong.


Both transportation and living infrastructure are excellent. A combination of Line 1, KTX Gwangmyeong Station, the Second Gyeongin Expressway, Pyeongtaek-Paju Expressway (Sosa IC), and Gangnam Circular Expressway allows for easy access to Seoul and the greater metropolitan area both by public transport and by car. Residents can also conveniently enjoy Sosa-ro Restaurant Street, Emart, and other facilities within the Sosa living zone, as well as IKEA, Costco, Lotte Cinema, and Chung-Ang University Gwangmyeong Hospital near Gwangmyeong Station.


As the development name suggests, the project also boasts an excellent educational environment with all major age-group educational institutions—including the public Bright Light Kindergarten, Seomyeon Elementary School, Anseo Middle School, and Creativity Management High School—within walking distance. This ensures a safe and easy commute for children, and the Sosa private education district is nearby as well.


A pleasant natural environment is also a key advantage. The Gureumsan Urban Nature Park, which is adjacent to the complex, covers over 670,000 square meters—about three times the size of Yeouido Park—and the Sosa Neighborhood Park is nearby as well. More parks are planned within the Gureumsan District itself, providing residents with a nature-friendly living environment where they can enjoy walking and relaxation even in an urban setting.



Meanwhile, the model home for "Gwangmyeong City Pradium Eduheim" will be located in Iljik-dong, Gwangmyeong City, Gyeonggi Province, and is scheduled to open in September.


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

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