Seongnam-si Bundang-gu Seohyeon-dong 261-1 Building Sale Case Analysis (As of September 2025)
Sale Overview
- Location: 261-1 Seohyeon-dong, Bundang-gu, Seongnam-si, Gyeonggi-do (Near Seohyeon Station, Central Business District)
- Transaction Date: May 2019
- Sale Price: 83.5 billion KRW
- Land Price: 134.92 million KRW
- Land Area: 2,045.9㎡ (618.88 pyeong)
- Total Floor Area: 20,723㎡ (6,268.80 pyeong)
- Price per Total Floor Area: Approximately 13.32 million KRW/pyeong
- Floors: 6地下 ~ 9地上
- Completion Year: December 4, 2017
- Road Conditions: Corner of a 4-lane and a 2-lane road
- Official Land Price: Approximately 24.19 million KRW/pyeong (Approx. 5.58 times the land transaction price)
Key Features and Investment Appeal
- Location: Situated in the central business district near Seohyeon Station, it boasts high commercial value, abundant floating population, and an active commercial area.
- Building Characteristics: A relatively new building completed in 2017, with large-scale facilities from 6 basement floors to 9 above-ground floors, suitable for various commercial uses.
- Investment Appeal: At the time of transaction in 2019, the price per total floor area (13.32 million KRW) was within the average for commercial areas in Bundang (12-15 million KRW), considered a reasonable transaction. As of 2025, commercial building prices in Bundang have risen to 15-20 million KRW per pyeong, and the current estimated value is approximately 100 billion KRW.
- Commercial Area Analysis: Seohyeon-dong is a key commercial hub in Bundang with active mixed-use developments including offices, shops, and officetels. Transaction volume increased by 10% in the first half of 2025, with rental yields of 4-5%.
Additional Information and Investment Considerations
- Inquiries: For detailed property information and in-depth commercial area analysis, it is recommended to consult with an expert.
- Investment Tips: The area around Seohyeon Station is expected to see further value appreciation due to redevelopment prospects, such as the revitalization of Bundang reconstruction in 2025. When considering the purchase of small or large buildings, thorough commercial analysis and profitability review are essential, and expert consultation (for legal and profitability analysis) is advised.
- Disclaimer: The above analysis is based on 2019 transaction data, and current market prices in 2025 may vary depending on market conditions. It is always good practice to check the latest actual transaction prices.
Such in-depth sales case analysis will be a great help in making real estate investment decisions. Please feel free to ask if you have any further questions or require additional information.
#SeongnamRealEstate #BundangSeohyeonDong #BuildingSale #RealEstateInvestment #SeohyeonStationCommercialArea #SmallBuilding #LargeBuilding #RedevelopmentProspects #RealEstateValue #InvestmentAnalysis #AssetManagement #RealEstateInformation #CommercialRealEstate
