Analysis of Noryangjin Station Golden Investment Property 1.4 Billion Won Small Building Transaction! The Secret to 1 Billion Won Profit in 10 Years? (ft. Redevelopment, New Town, Yield Analysis)
A small building located at Noryangjin-dong 305-7, Dongjak-gu, Seoul, was transacted for 1.4 billion Won in February 2025, attracting keen interest from investors. Particularly, it emerged as a 'golden investment property', recording a capital gain of over 1 billion Won in just 10 years. Amidst the heat of Noryangjin redevelopment investment, let's thoroughly uncover the secret to the success of this transaction and the investment analysis.
Noryangjin Station 'Ultra-Station Area', Maximizing 'Investment Value' with Redevelopment Boost
The biggest appeal of this transaction is the 'ultra-station area' location near Noryangjin Station. Furthermore, the Noryangjin New Town redevelopment project is acting as a key factor increasing the real estate value in the Noryangjin area. Like a 'golden key', the Noryangjin Station ultra-station area and the redevelopment boost are attractive factors that can bring high returns to investors.
Key Features and Location Analysis:
- Noryangjin Station Ultra-Station Area: Excellent transportation accessibility
- Noryangjin New Town Redevelopment: Real estate value appreciation, increasing investment appeal
- Golden Key: Expectation of high returns
10 Years Held, 1 Billion Won Profit! 'Long-Term Investment' Success Story
This small building was transacted for 357 million Won in August 2015 and was sold for 1.4 billion Won in February 2025. It recorded a capital gain of approximately 1.043 billion Won over 10 years, which corresponds to an annual profit of approximately 104.3 million Won and a monthly profit of approximately 8.69 million Won. Like 'art created by time', it is a representative example showing that long-term investment can generate high returns through compounding effects.
- 10 Years Held, 1 Billion Won Profit: Long-term investment success story
- Compounding Effect: Investment returns increasing with time
- Art Created by Time: Proving the value of long-term investment
Third Class General Residential Zone, 'Redevelopment Investment' Promising Area
This small building is located in a Third Class General Residential Zone, with a land area of 26.02 pyeong, a building area of 10.76 pyeong, and a 1-story scale above ground. The land price per pyeong is 53.82 million Won, and it was transacted at approximately 3.68 times the official standard land price. Like a 'hidden gem', the Third Class General Residential Zone is a promising area that can expect high returns when a redevelopment project is pursued.
- Third Class General Residential Zone: Promising area for redevelopment projects
- High Investment Returns: Expected effect when a redevelopment project is pursued
- Hidden Gem: Region with high investment value
Noryangjin Redevelopment Investment, Is it an 'Opportunity' or a 'Risk'?
The Noryangjin redevelopment project brings great expectations to investors, but at the same time, there are many points to be careful about during investment.
- Redevelopment Project Progress: Carefully check the project progress stage and the status of association members.
- Additional Contribution: Additional contributions may be incurred in redevelopment projects, so a thorough funding plan must be established.
- Tenant Possession: If there are tenants, difficulties may arise during the possession process, so it is advisable to seek expert assistance.
- Real Estate Market Volatility: The real estate market is volatile, so careful judgment is required during investment.
Like a 'double-edged sword', Noryangjin redevelopment investment can expect high returns, but risks also exist. Therefore, thorough information gathering and careful judgment are essential before investing.
Investment Analysis and Conclusion
This Noryangjin small building transaction shows the high investment value of the Noryangjin area through its Noryangjin Station ultra-station area location, the redevelopment boost, and its success as a long-term investment with a 10 billion Won profit in 10 years. However, redevelopment investment involves various risk factors, so a careful decision should be made with expert assistance before investing. Like a 'compass towards success', thorough analysis and planning are essential conditions for successful investment.
The building at Noryangjin-dong 305-7, Dongjak-gu, was sold in February 2025.
※ Transaction Details
- Location: Dongjak-gu Noryangjin-dong 305-7
- Subway Station: Noryangjin Station
- Transaction Date: February 2025
- Sale Price: 1.4 billion Won
- Land Price (Per Pyeong): 53.82 million Won
- Land Area: 26.02 pyeong (86㎡)
- Building Area (Total Floor Area): 10.76 pyeong (35.57㎡)
- Zoning District: Third Class General Residential Zone
- Floors: 1 story above ground
- Road Condition: 4m
- Year of Completion: 1964.
- Official Standard Land Price (공시지가): Approx. 14.62 million Won (Per Pyeong)
- Land Price Relative to Official Standard Price: Approx. 3.68 times
※ Past Transaction History
- August 2015: 357 million Won sale (13.73 million Won per pyeong)
- February 2025: 1.4 billion Won sale (53.82 million Won per pyeong) (Held for approx. 10 years)
- 10 years: 1.043 billion Won capital gain
- Annual: 104.3 million Won capital gain
- Monthly: 8.69 million Won profit (Simple capital gain analysis only)