Gyeonggi Urban Innovation Corporation, comes forward with the first parcel-out of Dasan New Town, Namyangju in April

– Public parcel-out of about 2,800 housings with individual area of 60~85㎡, constructed by Daelim Industrial Co., Ltd. · Lotte Engineering & Construction Co., Ltd.

– Successively parcel-out, in total, approximately 30 thousand housings from 2015… starts moving-in from 2017

– Able to access to Gangnam, Seoul within 30 minutes… convenient traffic network and accessibility 

Gyeonggi Urban Innovation Corporation begins in earnest Dasan New Town project on the land of 4 million and 750 thousand ㎡ covering Jigeum-dong and Donong-dong, Namyangju-si, Gyeonggi and will successively parcel out, in total, approximately 30 thousand housings by end of 2018, starting from the first parcel-out in April.

On 12th, Gyeonggi Urban Innovation Corporation announced that public parcel-out of total 2,801 housings, consisting of 1,615 housings constructed by Daelim Industrial Co., Ltd. (B4 block) and 1,186 housings contracted by Lotte Engineering & Construction Co., Ltd. (B2 block) respectively after making joint venture contract for the public tract house on B2 and B4 blocks in Dasan Jingeon District, will begin in April. The parcel price is supposed to be set as the mid-9 million KRW.

As a part of business diversification of Gyeonggi Urban Innovation Corporation, the apartments, of which the Corporation takes charge of land procurement and parcel-out, and Daelim Industrial Co., Ltd. and Lotte Engineering & Construction Co., Ltd. take charge of housing construction, are constructed with the area of exclusive use of 60∼85㎡ popular in consumers and move-in is supposed to be the end of 2017. As large-scaled residential land development parcel-out within the confines of the capital is rare in this year, all eyes are particularly now on the fact that Dasan New Town apartment is only parcel-out of public housing district in eastern area of the confines of the capital.  

Namyangju ‘Dasan New Town’ is an integrated brand of Dasan Jingeon district and Dasan Jigeum district and the first new town-sized project exclusively implemented by Gyeonggi Urban Innovation Corporation after Gwanggyo New Town. Dasan New Town will be created in total area of 4 million and 750 thousand ㎡ covering Jigeum-dong, Donong-dong, Gaun-dong, Suseok-dong, Ilpae-dong and Ipae-dong, with capability of approximately 86 thousand population acceptance and 31 thousand and 9 hundred housings.  

Choi, Geum-sik, the president of Gyeonggi Urban Innovation Corporation addressed “the area where Dasan New Town is built has the best locational conditions, such as convenient traffic network running in all directions, accessability of public transportation and gifted natural environments” and “(we) will develop Dasan New Town as a central city in northeastern area of the confines of the capital, with our know-how and implementation experience of Gwanggyo New Town reborn as a brand city, receiving the popularity of consumers”.   

<Overview of Namyangju Dasan New Town Project>

The biggest strength of Namyangju Dasan New town is excellent traffic network as it is located in the center of east and west development axis connecting Guri-Donong-Hopyeong in northeastern area of the confines of the capital and south and north development axis connecting Byeollae-Galmae-Hanam·Misa-Wirye New Town.

In terms of subway, Dasan Jingeon district has accessibility to Jamsil station within 30 minutes as it includes Jingeon district station among 6 stations of subway line 8 with the direction of Byeollae and Donong station in central line adjacent to Dasan Jigeum district has accessibility to Cheongyang-ri station within 20 minutes. Byeollae line, which will begin construction in this year, is a double track railway with 12.9 km, starting from Amsa station of subway line 8 to Byeollae station of Gyeongchun line through Guri station and a newly constructed station in Jingeon district of Dasan New Town, supposed to be opened in 2022.

In terms of road network, Pangyo-Guri expressway and 4 national highways (6th, 43th, 46th and 47th) and 4 local roads pass through Dasan New Town. Also, The area is directly linked to Bukbu Expressway (Dasan Jingeon district) and Gangbyeon Expressway (Dasan Jigeum district) and adjacent to Namyangju IC, Guri IC and Topyeong IC.

<Diagram of Broad Traffic Network of Namyangju Dasan New Town>

The president, Choi, Geum-sik stressed “the plan to create an eco-friendly green city with excellent cultural and educational environments and ecological residential town to enjoy natural environment, such as Wangsukcheon stream, a branch of Han River, waterfront landscape of Hongneungcheon stream, and Munjaesan and Hwanggeumsan mountains”.  

Dasan New Town is to be completed with total 9 trillion and 3 hundred billion KRW of project cost in June 2018 and the 2nd government office building of Namyangju, an education office and a court (registry office) will be built to create one-stop administration town. Also, a nursery school, 6 elementary schools, 2 middle schools and 3 high schools will be established.

Also, various cultural and welfare facilities such as a mega discount store, a complex shopping mall, a movie theater and a performance place, an exhibition and event hall, a public health center, and necessary infrastructures of industry and distribution are to be built up. (End)