An aerial view of Pungmu Station district Sujain Gracent Phase 1. /Courtesy of BS Hanyang

BS Hanyang will begin sales in November for Pungmu Station Area Sujain Grascent Phase 1, which will be built on block B2 of the Pungmu Station area urban development project in Pungmu Station area, Gimpo, Gyeonggi Province.

The Gimpo Pungmu Station area urban development project will be built to a total scale of about 6,600 households. Among them, BS Hanyang plans to sequentially supply a total of 1,710 households, including block B2 (1,071 households) and block B1 (639 households).

Pungmu Station Area Sujain Grascent Phase 1 will be created across 10 buildings with 2 basement floors to 29 above-ground floors, totaling 1,071 households, at 173-1, Sau-dong, Gimpo, Gyeonggi Province. The unit types are ▲ 59㎡A 261 households ▲ 59㎡B 60 households ▲ 84㎡A 750 households. A flat-plate 4-bay layout, which is highly preferred by consumers, has been applied to all units.

Following Phase 1, Phase 2, which is scheduled for sale, will consist of 7 buildings with 2 basement floors to 28 above-ground floors, totaling 639 households, and will be supplied as ▲ 84㎡A 509 households ▲ 105㎡A 130 households.

As Sujain brand complexes supplied at major station areas along the Gimpo Gold Line, such as Hangang New Town, Gochon, and Geolpo Bukbyeon, receive favorable reviews, Pungmu Station Area Sujain Grascent Phase 1 is drawing attention as another complex that will complete the Sujain belt. Including Hangang Sujain Obscent, which sold out two weeks after contracts began last year, Sujain apartments such as Gochon Administrative Town Hanyang Sujain and Hanyang Sujain River Palace have established themselves as highly preferred complexes in the area.

Pungmu Station Area Sujain Grascent Phase 1 is a complex to be created in the Pungmu Station area where the presale price cap system applies. With plans to supply at a reasonable price, expectations among buyers are high. A company official said, "As presale prices are rising steeply nationwide, the value of complexes where the presale price cap system applies is increasing even more, and this supply is also drawing much anticipation."

In particular, Pungmu Station Area Sujain Grascent Phase 1 has the strength of a dual living area that enjoys not only the infrastructure within the Pungmu Station area but also the Sau-dong living area. Around Sau-dong, administrative, business, and medical facilities are concentrated, including Gimpo City Hall, the court, and a large general hospital. In addition, large commercial facilities such as Homeplus and Emart Traders are in place, providing convenient living conditions.

Sau-dong also has Gimpo's largest academy district, rivaling the academy clusters in Pyeongchon, Anyang, and Junggye-dong, Nowon, Seoul, giving it strong value as a so-called school district advantage. With many large entrance exam academies and specialized academies for special-purpose high school preparation clustered together, residents can enjoy a high-quality private education environment without long-distance travel. This location condition, which encompasses both living and education infrastructure, is a major advantage of the complex.

On top of this, with the Gimpo Urban Renewal Promotion District underway nearby and the development of Hangang Cinepolis, a video culture complex industrial park, Pungmu Station Area Sujain Grascent is expected to emerge as the central complex of the Pungmu–Sau area.

It also has excellent transportation conditions. Pungmu Station and Sau Station are within walking distance, and an extension of Subway Line No. 5 is being promoted to Pungmu Station, which is expected to ease congestion on the Gimpo Gold Line and significantly improve access to key areas of Seoul.

In addition, the greater Gimpo area is seeing progress on the Metropolitan Express Railway (GTX)-D line, which passed a preliminary feasibility study in Jul., and on the planned extension of Incheon Line No. 2 to Geolpo Bukbyeon Station, which is expected to further strengthen transportation conditions. The complex also offers excellent access to Magok District, home to LG Science Park and many large corporations, making commuting convenient for residents and likely attracting demand seeking proximity between work and home.

A BS Hanyang official said, "The Pungmu Station area development is a large-scale urban development project that will remake Gimpo's old downtown and is drawing attention as an emerging residential center with residential, commercial, and medical infrastructure in place, and the application of the presale price cap system is raising expectations for this sale," adding, "In addition, the location that enjoys both Pungmu Station and Sau Station combined with the Sujain brand premium is expected to draw strong interest."

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