Live Deal Pipeline
Deal detail
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Office and neighbourhood living facilityNEWPublished real estate deal
Baekwoo Building, Samseong-dong
Office and neighbourhood facility on Bongeunsa-ro in the GBD, two minutes' walk from Samseong Jungang Station
| Asset type | Office and neighbourhood living facility |
|---|---|
| Location | 116 Samseong-dong, Gangnam-gu, Seoul |
| Area | Site area: 949 sq m (approximately 287 pyeong); gross floor area: 2,645 sq m (approximately 800 pyeong) |
| Asking | Open (negotiable) |
| Target buyer | Developers and investors seeking to acquire and redevelop an office and neighbourhood facility in Samseong-dong, Gangnam |
Investment highlights
- In the GBD approximately two minutes' walk from Samseong Jungang Station (Line 9), fronting Bongeunsa-ro
- Officially assessed land price of approximately KRW 102 million per pyeong, among the highest in the area
- Five-storey building completed in 1980 (floor area ratio of approximately 207%), with value-add potential through redevelopment
Deal partner
Hyungjoo Kim, Partner