Yongsan Development Potential, Samgakji Station Main Road 5.4 Billion KRW Building Transaction Yongnidan-gil, Large Corporate Offices, etc. Investment Value?
As Yongsan development potential is materializing, a building located on the main road near Samgakji Station has been transacted for 5.4 billion KRW, receiving keen attention from the real estate market. In particular, expectations for future investment value increase are rising as various development potentials such as Yongnidan-gil, large corporate offices, and the expansion of the office commercial area are converging.
Samgakji Station Main Road Building, 5.4 Billion KRW Transaction Information
In March 2025, the building located at 256-6, 2 Hangang-ro 2-ga, Yongsan-gu, was transacted for 5.44 billion KRW. This building, located on the main road in the station area of Samgakji Station, is a 1-story building above ground with a land area of 34.12 pyeong and a building area of 32.27 pyeong. It is located in a general commercial area, indicating high potential for future development into various commercial facilities.
- Location: 256-6, 2 Hangang-ro 2-ga, Yongsan-gu
- Sale Price: 5.44 Billion KRW
- Land Area: 34.12 pyeong
- Building Area: 32.27 pyeong
- Zoning Area: General Commercial Area
- Subway Station: Samgakji Station
Yongsan Development Potential, Investment Value?
Yongsan has recently seen a series of development potentials, including the formation of the Yongnidan-gil commercial area, relocation of large corporate offices, and expansion of the office commercial area. In particular, the area around Samgakji Station is adjacent to Yongnidan-gil, leading to an increase in the inflow of young people, and the office commercial area is also rapidly growing due to the relocation of large corporate offices.
These development potentials can act as factors increasing the investment value of buildings on the main road near Samgakji Station. Especially, being located on the main road provides high visibility and abundant floating population, allowing for expectations of high rental income if developed into commercial facilities.
- Yongsan Development Potential: Yongnidan-gil commercial area, large corporate office relocation, office commercial area expansion
- Samgakji Station Area: Adjacent to Yongnidan-gil, increased inflow of young people
- Main Road Location Advantages: High visibility, abundant floating population
- Development Potential: Expectation of high rental income upon commercial facility development
Considerations and Analysis for Investment
While Yongsan has many development potentials, there are a few points to note when investing. Firstly, areas where development plans are not yet confirmed carry high investment risk, requiring a cautious approach. Additionally, rental income volatility can be large due to rapid commercial area changes, so profitability should be carefully analyzed. Finally, as Yongsan is an area with high land prices, thorough financial planning is essential.
- Areas with Unconfirmed Development Plans: High investment risk
- Rapid Commercial Area Changes: Caution regarding rental income volatility
- High Land Prices: Thorough financial planning is essential
Conclusion
The building on the main road near Yongsan Samgakji Station is a property with high investment value, holding various development potentials such as Yongnidan-gil, large corporate offices, and the office commercial area. However, investment should be made with comprehensive consideration of development plans, commercial area changes, and financial plans.
The building at 256-6, 2 Hangang-ro 2-ga, Yongsan-gu, was sold in March 2025.
※ Transaction Details
- Location: 256-6, 2 Hangang-ro 2-ga, Yongsan-gu
- Subway Station: Samgakji Station
- Transaction Date: March 2025
- Sale Price: 5.44 Billion KRW
- Land Price (Per Pyeong): 159.43 Million KRW
- Land Area: 34.12 pyeong (112.8㎡)
- Building Area: 32.27 pyeong (106.68㎡)
- Zoning Area: General Commercial Area
- Floors: 1F
- Road Condition: 7-lane road
- Completion Year: 1983.09.06
- Official Land Price (Gongsi Jiga): Approx. 72.43 Million KRW
- Land Price vs. Official Land Price Ratio: Approx. 2.20 times