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    Deal detail

    Browse Samjong KPMG's control sale, investment, and real-estate opportunities in one place.

    Neighbourhood living and office facilityNEWPublished real estate deal

    Shinkwang Building, Seongnae-dong

    Corner-site neighbourhood living and office facility four minutes' walk from Gangdong-gu Office Station

    Asset typeNeighbourhood living and office facility
    Location556-4 Seongnae-dong, Gangdong-gu, Seoul
    AreaSite area: approximately 143 pyeong; gross floor area: approximately 388 pyeong
    AskingKRW 10 billion (negotiable)
    Target buyerCompanies and investors seeking a headquarters or retail foothold in south-eastern Seoul, or considering value-add development

    Investment highlights

    • Station-front asset approximately four minutes' walk from Gangdong-gu Office Station on Subway Line 8, with strong access to the Jamsil catchment
    • Corner site fronting both a mid-width road and a back street, offering strong vehicular and pedestrian access and visibility, and well suited to ground-floor neighbourhood retail use
    • Supported by office occupiers such as Gangdong-gu Office and JYP Entertainment and the Seongnae-dong residential catchment, with value upside through retail MD improvement, change of use or redevelopment

    Deal partner

    Kwangduk Seo, Partner