BS Hanyang has launched sales for "Pyeongtaek Brain City Sujian." Following news of the shutdown lift at the Samsung Electronics Pyeongtaek campus, the Pyeongtaek real estate market is showing signs of a rebound, attracting interest in this complex where the sale price cap system applies.

Pyeongtaek Brain City Sujine perspective. /Courtesy of BS Hanyang

BS Hanyang explained that the Pyeongtaek real estate market is at an inflection point, bolstered by recent investment news, including reports that Samsung Electronics will raise the operating rate of its Pyeongtaek campus foundry production line to the maximum starting in June, as well as the confirmation of the global infrastructure total organization transfer to Pyeongtaek.

According to the Gyeonggi Real Estate Portal, the apartment transaction volume in Pyeongtaek fell to 356 cases in September of last year, but the transaction volume in March of this year was recorded at 573 cases (as of the 16th), which is an increase of about 61%. With the transaction reporting period for March still open, there is a high possibility that the monthly transaction volume will exceed 600 cases for the first time in 19 months since August 2023.

As the atmosphere in the Pyeongtaek real estate market has changed, BS Hanyang has expressed expectations that the sales rate of Pyeongtaek Brain City Sujian will also rise. The average sale price per 3.3㎡ (pyeong) for Pyeongtaek Brain City Sujian is approximately 14.35 million won, the lowest level in Brain City, and even with balcony extensions included, it remains around 14.53 million won, maintaining price competitiveness. BS Hanyang noted that a total of 11 options are available, including items offered for a fee in other complexes, allowing for a practical price reduction effect.

Additionally, Pyeongtaek Brain City Sujian has minimized burdens by reducing the initial down payment to 5% and to 5 million won. It has introduced a contract assurance guarantee system that retroactively applies additional benefits in case of condition changes after signing a contract, making it the only one in Brain City.

There are transport and infrastructure benefits planned around the complex. Pyeongtaek Brain City Sujian will benefit from the ongoing extension of the GTX-A and C lines at Pyeongtaek Jije Station, and the establishment and development of large-scale research and educational infrastructure, including Ajou University Hospital, expected to open in 2030, KAIST Pyeongtaek campus (scheduled for 2029), and a clean hydrogen testing and evaluation center (scheduled for 2026) are also planned.

Located at the entrance of Brain City, it has good accessibility to Pyeongtaek Jije Station, and the Songtan IC of the Pyeongtaek-Jecheon Expressway also allows for the fastest access, ensuring excellent transportation accessibility within Brain City.

Pyeongtaek Brain City Sujian will be built in Pyeongtaek, Gyeonggi Province, with a scale of 889 households in a total of 6 buildings, from 2 basement levels to a maximum of 34 floors above ground at joint 8BL in Brain City.

※ This article has been translated by AI. Share your feedback here.