Analysis of Namwirye Station Golden Commercial Area 3.4 Billion Won Commercial-Residential Building Investment Strategy Revealed (ft. Wirye New Town, Station Area, Food Alley)
A case study of a commercial-residential building transaction in the 3.4 billion Won range located near Namwirye Station in Wirye New Town, Gyeonggi Province, is a hot topic among investors. What is the secret to investment success for this commercial-residential building, which is like a 'golden goose' in a new town commercial area? As if following a 'treasure map', let's uncover the success story of discovering the hidden value of this commercial-residential building.
Namwirye Station Area, Center of a 'Golden Commercial Area'
The first secret to successful investment is securing the 'golden commercial area'. This commercial-residential building is located within walking distance of Namwirye Station on Line 8 and offers excellent accessibility to major downtown areas like Gangnam and Songpa. This is an optimal condition for expecting stable rental income and capital gains. Like a 'golden line', the Namwirye Station area is a key factor guaranteeing stable investment returns.
Key Features and Location Analysis:
- Namwirye Station Area: Excellent accessibility
- Excellent Accessibility to Gangnam, Songpa: High rental demand
- Golden Line: Guarantee of stable investment returns
New Town Development Boost, Expected Increase in Future Value
The second secret to success is investment considering the Wirye New Town development boost. It is located in an area where development, such as Seongnam Bokjeong 1 District, will continue in the future, which is a factor increasing expectations for future value appreciation. Furthermore, new towns experience a large influx of young people, which is advantageous for commercial area revitalization. Like 'foresight that looks into the future', new town development boosts are a key factor in maximizing investment returns.
- Wirye New Town Development Boost: Expected increase in future value
- Seongnam Bokjeong 1 District Development: Potential for additional development
- Foresight that Looks into the Future: Maximizing investment returns
Securing 'Excellent Accessibility' with 2-Lane, 8m Double-Sided Roads
The third secret to success is securing excellent accessibility by fronting a 2-lane road and an 8m double-sided road. This is advantageous for attracting commercial tenants and expecting high rental income. Like 'accessibility in all directions', excellent accessibility is a key factor increasing the value of a commercial-residential building.
- 2-Lane Road, 8m Double-Sided Road: Excellent accessibility
- Advantageous for Attracting Commercial Tenants: Expected high rental income
- Accessibility in All Directions: Increase in commercial-residential building value
Food Alley Commercial Area, Expected Stable Rental Income
The fourth secret to success is being located in a food alley commercial area, which allows for the expectation of stable rental income. New towns experience a large influx of young people, resulting in high demand for various food options. Therefore, high rental income can be expected by diversifying commercial tenant types. Like a 'golden goose', a food alley commercial area is a key factor in generating stable rental income.
- Food Alley Commercial Area: Expected stable rental income
- High Demand for Various Food Options: High tenant competitiveness
- Golden Goose: Generating stable income
Future Investment Strategy and Precautions
This commercial-residential building can expect stable investment returns based on the new town development boost and the strength of the station area. However, investing in commercial-residential buildings requires a comprehensive consideration of various factors such as location, commercial area, and rental demand, and seeking expert assistance is important. Like a 'compass towards success', thorough analysis and planning are essential conditions for successful investment.
The building at Changgok-dong 550-2, Sujeong-gu, Seongnam-si, Gyeonggi-do, was sold in February 2025.
※ Transaction Details
- Location: Changgok-dong 550-2, Sujeong-gu, Seongnam-si, Gyeonggi-do
- Subway Station: Namwirye Station
- Transaction Date: February 2025
- Sale Price: 3.425 billion Won
- Land Price (Per Pyeong): 43.92 million Won
- Land Area: 77.98 pyeong (257.8㎡)
- Building Area (Total Floor Area): 146.07 pyeong (482.89㎡)
- Zoning District: First Class General Residential Zone
- Floors: B1F ~ 4F
- Road Condition: 2-lane road / 8m Double-sided road
- Year of Completion: 2015.11.18
- Official Standard Land Price (공시지가): Approx. 17.91 million Won (Per Pyeong)
- Land Price Relative to Official Standard Price: Approx. 2.45 times