Eastern Gyeonggi Emerges as Alternative Amid Soaring Home Prices... 'Ssyangyong The Platinum Hangang' Draws Attention with 40-Minute Access to Jamsil

Approximately 60% of Residents Leaving Seoul in the Past Three Years Have Moved to Gyeonggi Province
Rising Home Prices in Hanam and Dasan New Towns... Growing Interest in New Developments with Excellent Seoul Accessibility

Ssangyong The Platinum Hangang Rendering (Provided by Ssangyong Construction)

This year, end-user homebuyers seeking to purchase a home are turning their attention to residential areas in the eastern region of Gyeonggi Province as a new alternative. These areas offer reasonable sale prices and excellent accessibility to Seoul, allowing buyers to avoid the sharp surge in housing prices in Seoul and adjacent areas such as Hanam and Namyangju.

In fact, a recent trend in the Greater Seoul housing market shows a noticeable migration of demand from Seoul to Gyeonggi Province. According to Statistics Korea’s “2023–2025 Domestic Migration Statistics,” approximately 1.4 million people have moved out of Seoul over the past three years. Of this number, about 850,000 have relocated to Gyeonggi Province, accounting for over 60% of the total. In other words, 6 out of 10 people leaving Seoul chose to settle in Gyeonggi Province.

As a result, key areas in eastern Gyeonggi Province adjacent to Seoul, such as Hanam City and Dasan New Town, have also seen a rise in housing prices. According to KB Real Estate as of August 21, the average sale price in Hanam City exceeded 1.17943 billion won, surpassing the 1 billion won mark. The average sale price in Topyeong-dong, Guri City, a neighboring area, was 916.66 million won, nearly reaching 1 billion won. Actual transaction prices are even higher. In August, an 84-square-meter unit at Misa Gangbyeon Prugio in Hanam was reported at a new high of 1.59 billion won.

Amid these circumstances, recent end-user buyers are turning their attention to the station areas of eastern Gyeonggi Province, which maintain reasonable price ranges while sharing living zones with Hanam and Namyangju. A prime example is the Yangseo-myeon area in Yangpyeong County, centered around Yangsu Station on the Gyeongui-Jungang Line.

Yangseo-myeon offers excellent commute times: by express train, it takes just over 30 minutes to Wangsimni Station in Seoul, about 27 minutes to Sangbong Station, and approximately 50 minutes to the Gangnam area. When transferring to Line 8 at Guri Station, Jamsil Station can be reached in about 40 minutes. Furthermore, via Gyeonggang-ro and the first and second ring expressways of the Seoul metropolitan area, it takes around 15 minutes to Hanam, 30 minutes to Songpa, and 40 minutes to Gangnam, all according to Naver Map. Despite these advantages, market prices remain less than half those of Hanam, giving the area a reputation for excellent value for money.

Interest is increasing among buyers in these regions, as they offer not only a relaxing respite away from complex urban areas but also easy access to convenient city amenities.

Against this backdrop, Ssyangyong The Platinum Hangang is drawing attention as it prepares for sale in October. The complex will be located at 212-3 Yongdam-ri, Yangseo-myeon, Yangpyeong County, Gyeonggi Province, and comprises six buildings with a total of 333 units, ranging from two basement floors to up to nineteen stories above ground. The available unit sizes—74m², 84m², 123m², and 146m²P—are medium and large formats that are highly preferred by end-users. Among these, the 146m²P is a rare penthouse offering. Especially notable is that this development is the first complex of more than 300 units in Yangseo-myeon, where most complexes consist of around 100 households, making it stand out in the area.

The key advantage of this complex is its prime location immediately adjacent to Yangsu Station. It offers convenient access to the Gyeongui-Jungang Line, and planned Phase 5 extension of Line 9 is expected to further improve access to Gangnam via transfer. The metropolitan transportation network is also set to improve, with the planned Seoul-Yangpyeong Expressway currently underway and the new Paldang Bridge scheduled to open in the first half of 2027, which is expected to alleviate the traffic congestion that has long been an issue in the area.

In terms of lifestyle infrastructure, sharing access to Hanam's daily amenities is another major benefit. Major commercial facilities—such as Starfield Hanam, Shinsegae Department Store, and Emart Traders—are within about 15 minutes’ drive from the complex, according to Naver Map.

Regarding educational environment, Yangsu Elementary School and Yangsu Middle School are located in front of the complex, while the prestigious Yangseo High School (which requires all students to live in dormitories) is nearby. In particular, Yangseo High School is especially attractive to parents, as it allows students to be considered for the special rural admissions track if they meet certain university entrance requirements.

The residential environment is also remarkable. Yangseo-myeon, where the complex is located, is surrounded by waterfront areas where the Namhan River and Bukhan River meet and is subject to strict environmental and land regulations as a water source protection zone, ensuring exceptional natural surroundings. In addition, the area is home to the Semiwon and Dumulmeori sites, which are in the process of being elevated to the first official national garden in the metropolitan area, as well as the Yongdam Riverside Ecological Park.

In terms of product appeal, specialized designs have been applied to maximize views, including glass railings and panoramic vistas. Some units offer an unobstructed view of both rivers directly from the living room, and high-end community facilities—such as a fitness center, indoor golf practice range, and study room, which are uncommon in nearby residential complexes—are also planned.

An industry insider commented, "With rising housing costs in the metropolitan area, demand from end users is expanding into Gyeonggi Province locations that offer convenience for commuting. Going forward, areas with high accessibility to Seoul and excellent lifestyle infrastructure, especially those immediately adjacent to transit stations, are expected to continue attracting strong end-user interest."

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