Bird’s eye view of ‘Raemian Palace Seoul’ in Heukseok District 2, Heukseok-dong, Dongjak-gu, Seoul. [사진 제공 = 삼성물산]As it is known that former national figure skating representative Yuna Kim and vocalist Forestella Go Woo-rim have set up a new house in a luxury villa in Heukseok District, users are paying attention to the current state of Heukseok-dong redevelopment. As the outline of Heukseok New Town, long considered a popular area in the non-Gangnam area, becomes clear, the housing market is shaking.
According to the real estate industry on the 25th, Heukseok New Town is accelerating its maintenance business. The aim is to supply 12,000 homes in Heukseok-dong, Dongjak-gu, Seoul, which has long been called Dal-dong because of the high density of old houses on steep hills. This area was designated as a development area in August 2005.
The maintenance area is divided into 10 areas. Among them, Heukseok District 1 completed the establishment of a cooperative in March. On this day, a tender notice was posted for the selection of solicitors, solicitors and tax accountants. The business area is 26,675 square meters. 494 households will be built through redevelopment. It was close to Heukseok Station on Subway Line 9 and it was a rare level ground, so it was highly favored by the end users.
Heukseok District 2 is the No. 1 public redevelopment site in which the Seoul Housing and Urban Corporation (SH) participates as an operator. 1216 households will be built in an area of 45,229 square metres. In the case of public redevelopment, compared to private redevelopment, the floor area ratio is higher and the number of floors is not strict. Also, there is no upper price limit. However, half of the additional amount, excluding the portion for sale by union members, must be given as rental housing. It is explained that Heukseok District 2 will hold a general meeting of the association on the 29th and choose a contractor. Samsung C&T became the preferred bidder after bidding for construction companies was held twice in April and September last year.
In Heukseok District 3, the finishing work of ‘Heukseok River Park Xi’ is in full swing. It is planned to move in in February next year. A large complex of 1,772 households will be built on an area of 103,497 square metres. At the time of the general sale in May 2020, the average selling price per 3.3 square meters was 28.13 million.
Heukseok District 9 started construction after changing the construction company from Lotte E&C to Hyundai E&C. 1536 households will be built on an area of 94,579 square metres. When Hyundai E&C proposed the high-end brand The H, it was decided to name the complex ‘DH Kentronine’.
Heukseok District 11 was approved for management in August. It was a great achievement seven years after the foundation of the association. The plan is to build a total of 1,509 homes on an area of 89,317 square metres. It is expected that the first spade will be opened in the second half of next year. Heukseok District 10 is the only district in the 11 Heukseok New Towns where the maintenance area has been released. The construction industry’s assessment is that the height restriction cannot be resolved and business viability is low due to the large number of union members.
The other five are already occupied. Specifically, ‘Heukseok Hangang Prugio’ in District 4, ‘Heukseok Hangang Centerville 1st’ in District 5, ‘Heukseok Hangang Centerville 2nd’ in District 6, ‘Acro Riverheim’ in District 7, and ‘Lotte Castle Edu Foret’ in District 8 ‘ is set for each.
Jihae Yoon, senior researcher at Real Estate R114, said, “Heukseok-dong has many new apartment complexes and objects with a view of the Han River, and it is an area that receives positive benefits mainly from users who watch Dongjak -gu to go in. Gangnam 3rd district.”
On the other hand, as a result of Maekyung.com’s publication of a certified copy of the register, Yuna Kim bought an exclusive area of 244㎡ for the exclusive area of ’Mark Hills’, a high-rise villa near New Town in Heukseok-dong, for 2.2 billion won in December 2011. It was bought entirely in cash without a bank loan. The current asking price for the same area is around 8.5 billion won. Mark Hills previously gained fame as it was reported to be owned or lived in by actors Jang Dong-gun and Ko So-young, actor Hyun Bin, girl group f(x) Krystal, and boy group Big Bang Daesung.
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