Busan Suyeong-gu Eaters' Commercial Area Small Building 2.3 Billion KRW Transaction Completed! Station Area Redevelopment Potential, Real Estate Attracting Attention (ft. Subway Line 2 Suyeong Station, Dongnae Market, New Apartments)
A small building near Suyeong Station in Gwangan-dong, Suyeong-gu, Busan, is attracting attention from real estate investors with a transaction of 2.3 billion KRW. Located in the station area of Suyeong Station on Line 2 and concentrated with living convenience facilities such as Dongnae Market, movie theaters, and large shopping malls, it is evaluated as an investment property where both stable rental income and high future value can be expected simultaneously. As if embracing a 'hotspot', discover the attractive investment property in Suyeong-gu, Busan, right now!
Suyeong Station 5 Minutes Walk 'Super Station Area', 4-Lane Main Road 'Optimal Conditions'
In January 2025, a building located at 51-12 Gwangan-dong, Suyeong-gu, Busan, was transacted for 2.3 billion KRW. This building has a total of 6 floors from basement 1st floor to ground 5th floor, and was completed on March 13, 1984. With a land area of 109.60 pyeong and a gross floor area of 301.97 pyeong, it is located within a 5-minute walk from Suyeong Station, boasting excellent transportation accessibility. Furthermore, it is situated on a corner of a 6-lane main road, providing excellent building visibility and accessibility, and possesses 'optimal conditions' for various types of commercial facilities to be located. Like a 'goose that lays golden eggs', this small building offers both stable rental income and high investment value.
- Suyeong Station 5 minutes walk: Excellent accessibility, high floating population
- 6-lane main road corner: Excellent visibility and advertising effect
- 'Goose that lays golden eggs': Expectation of stable returns and capital gains
Nearby Development Projects, 'Driving Force' for Real Estate Value Increase
The nearby area is undergoing the U-dong Zone 1 redevelopment project, which is expected to have a positive impact on real estate value appreciation. Additionally, with large-scale development projects such as the Koreana Cosmetics Headquarters site development project, Marine City I-Park apartment new construction project, and Homeplus redevelopment project being promoted, this area will be reborn as a new 'hotspot' in Busan. These development potentials are expected to lead to high profitability for real estate investors and further amplify investment value.
- U-dong Zone 1 redevelopment: Real estate value increase in nearby areas
- Various development projects: Marine City I-Park, Homeplus redevelopment, etc.
- Future value increase: Area emerging as a new 'hotspot'
Small Building Investment, Presenting a Successful Investment Model
This transaction presents a 'successful investment model' that allows you to capture stable rental income, capital gains, and high future value simultaneously. Through small building investment, investors can create profits in line with the trends of the real estate market and expect high profitability through future value appreciation.
- Stable rental income: Various tenant types possible
- High capital gains: Redevelopment potential and development opportunities
- Successful investment model: Proving the value of small building investment
Conclusion
The Busan Suyeong-gu small building transaction case is a representative example showcasing the key elements of successful real estate investment. With excellent location conditions, development potential, and both profitability and future value, this building will be an attractive investment property for investors. We recommend carefully analyzing the trends of the real estate market and regional development plans, and seeking expert assistance to achieve successful investment.
※ Transaction Details
The building at 505-9 Myeongnyun-dong, Dongnae-gu, Busan, was sold in January 2025.
- Location: 505-9 Myeongnyun-dong, Dongnae-gu, Busan
- Subway Station: Suan Station
- Transaction Date: January 2025
- Sale Price: 2.3 billion KRW
- Land Price: 30.78 million KRW
- Land Area: 74.72 pyeong (247㎡)
- Building Area: 148.78 pyeong (491.84㎡)
- Zoning: General Commercial Area
- Floors: B1 ~ 3F
- Road Condition: 2-lane road
- Completion Year: 1985.01.05
- Official Land Price: Approx. 19.90 million KRW
- Ratio of Land Price to Official Land Price: Approx. 1.55 times