Analysis of Gangdong Station Area 1.75 Billion Won Corner Building Transaction! Top Advertising Effect (ft. Buk-doro, Cost-Effective Investment, 19-Year Profit Analysis)
A corner building located at Seongnae-dong 503-10, Gangdong-gu, Seoul, was transacted for 1.75 billion Won in February 2025, attracting the attention of investors. This building, located in the Gangdong Station area on Line 5, is situated on a Buk-doro corner, boasting excellent advertising effect. Let's analyze the secret to the success of this transaction, which is gaining attention as a 'cost-effective investment', having recorded a capital gain of over 800 million Won in 19 years.
Gangdong Station 'Ultra-Station Area', 'Best Advertising Effect' at Buk-doro Corner
The biggest appeal of this transaction is its 'ultra-station area' location near Gangdong Station on Line 5. Furthermore, located on a Buk-doro corner, it boasts excellent visibility and advertising effect. This is an optimal condition for the entry of various types of commercial facilities. Like a 'golden corner', the Gangdong Station ultra-station area and Buk-doro corner location are attractive factors that can bring high returns to investors.
Key Features and Location Analysis:
- Gangdong Station Ultra-Station Area: Excellent public transportation accessibility
- Buk-doro Corner: Best visibility and advertising effect, usable for various business types
- Golden Corner: Expectation of high returns
19 Years Held, 800 Million Won Profit! 'Cost-Effective Investment' Success Story
This building was transacted for 940 million Won in June 2006 and was sold for 1.75 billion Won in February 2025. It recorded a capital gain of approximately 810 million Won over 19 years, which corresponds to an annual profit of approximately 42.63 million Won and a monthly profit of approximately 3.55 million Won. Like an 'investment created by time', it is a representative example of generating high returns through long-term holding.
- 19 Years Held, 800 Million Won Profit: Long-term holding investment success story
- Investment Created by Time: Steady value appreciation, stable profits
- Cost-Effective Investment: Expectation of high returns
23.13 Million Won Per Pyeong, Increasing Investment Appeal with 'Low Price'
This building has a land area of 75.66 pyeong, a building area of 198.38 pyeong, and a scale of B1F to 4F. The land price per pyeong is 23.13 million Won, and it is judged to have been transacted at a very low price considering it is a station area corner building. Furthermore, at approximately 1.58 times the official standard land price, there is sufficient room for additional price increase. Like a 'hidden gem', a low-price property offers investors an attractive investment opportunity.
- 23.13 Million Won Per Pyeong: Low price property
- 1.58 Times the Official Standard Price: Room for additional price increase
- Hidden Gem: Property with high investment potential
Second Class General Residential Zone, 'Diverse Utilization' Possible
This building is located in a Second Class General Residential Zone, allowing for diverse uses. Particularly, utilizing its location on a Buk-doro corner, it can be rented out or directly operated for various commercial facilities such as hospitals, academies, franchises, etc. Like a 'master key', the Second Class General Residential Zone offers investors a wide range of options.
- Second Class General Residential Zone: Diverse utilization possible
- Commercial Facilities, Rental Business: Diverse investment options
- Master Key: Expanding investment options
Investment Analysis and Conclusion
This Gangdong Station corner building transaction possesses various investment appeals, including its ultra-station area location, top advertising effect, low price, and diverse utilization possibilities. Therefore, it is judged to have high investment value. However, the real estate market is volatile, so a careful decision should be made with expert assistance before investing. Like a 'map towards success', thorough analysis and planning are essential conditions for successful investment.
The building at Seongnae-dong 503-10, Gangdong-gu, was sold in February 2025.
※ Transaction Details
- Location: Gangdong-gu Seongnae-dong 503-10
- Subway Station: Gangdong Station
- Transaction Date: February 2025
- Sale Price: 1.75 billion Won
- Land Price (Per Pyeong): 23.13 million Won
- Land Area: 75.66 pyeong (250.1㎡)
- Building Area (Total Floor Area): 198.38 pyeong (655.80㎡)
- Zoning District: Second Class General Residential Zone
- Floors: B1F ~ 4F
- Road Condition: 8m*6m Corner (Buk-doro)
- Year of Completion: 1994.08.23
- Official Standard Land Price (공시지가): Approx. 14.62 million Won (Per Pyeong)
- Land Price Relative to Official Standard Price: Approx. 1.58 times
※ Past Transaction History
- June 2006: 940 million Won sale (12.37 million Won per pyeong)
- February 2025: 1.75 billion Won sale (23.13 million Won per pyeong) (Held for approx. 19 years)
- 19 years: 810 million Won capital gain
- Annual: 42.63 million Won capital gain
- Monthly: 3.55 million Won profit (Simple capital gain analysis only)