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teretere
Joined: 26 Mar 2010
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 Posted: Tue Apr 20, 2010 2:10 pm Post subject: Hongdae Redevelopment |
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I'm looking at buying a villa in Hongdae (near the "mountain park") going up towards Sinchon.
I was wondering if anyone knows about the redevelopment plans underway in Hongdae, specifically the rail line going to Incheon as well as the "park" that's going to be built on top of the rail line? I see that heavy construction on the right of way is already underway.
Basically, I'm afraid that they're going to demolish all the low-rises buildings in that entire area and build up concrete skyscrapers soon thereafter, thereby killing the charm of that neighborhood altogether...in which case, I don't want to be there. |
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brier
Joined: 14 Dec 2009
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| Posted: Tue Apr 20, 2010 6:21 pm Post subject: |
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| might want to go to the local 'dong' or 'gu' office and ask before you buy. |
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bossam
Joined: 29 Mar 2010
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| Posted: Tue Apr 20, 2010 6:32 pm Post subject: |
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| whats the price range of one of these out of interest if you dont mind me asking? |
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teretere
Joined: 26 Mar 2010
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| Posted: Tue Apr 20, 2010 7:01 pm Post subject: |
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| bossam wrote: |
| whats the price range of one of these out of interest if you dont mind me asking? |
I was quoted 2.6 million to 2.9 million won for a 3 bedroom, 1 bath...presumably in the "old style" i.e. not modern renovated.
The high-rise apartments with a view were quoted at 5 million -- which is out of my budget not to mention, I'm not a fan of high-rise apartments to begin with. |
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itaewonguy
Joined: 25 Mar 2003
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| Posted: Tue Apr 20, 2010 7:50 pm Post subject: |
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| teretere wrote: |
| bossam wrote: |
| whats the price range of one of these out of interest if you dont mind me asking? |
I was quoted 2.6 million to 2.9 million won for a 3 bedroom, 1 bath...presumably in the "old style" i.e. not modern renovated.
The high-rise apartments with a view were quoted at 5 million -- which is out of my budget not to mention, I'm not a fan of high-rise apartments to begin with. |
think your numbers are WAYYYY off...
you ain't buying chit for 3 million won! |
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Gaber
Joined: 23 Apr 2006
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| Posted: Tue Apr 20, 2010 8:06 pm Post subject: |
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| Sweet, think I'll cash in my severance and buy 3 houses! |
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teretere
Joined: 26 Mar 2010
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| Posted: Tue Apr 20, 2010 8:15 pm Post subject: |
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| Oops, I meant 230 million to 290 million for a villa. |
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bossam
Joined: 29 Mar 2010
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| Posted: Tue Apr 20, 2010 11:54 pm Post subject: |
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thats not bad thanks!
the workmanship on some of those high rise buildings are terrible as well. |
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itaewonguy
Joined: 25 Mar 2003
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| Posted: Wed Apr 21, 2010 12:38 am Post subject: |
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| teretere wrote: |
| Oops, I meant 230 million to 290 million for a villa. |
wow pricey... how many pyung is that? |
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teretere
Joined: 26 Mar 2010
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| Posted: Wed Apr 21, 2010 1:36 am Post subject: |
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| itaewonguy wrote: |
| teretere wrote: |
| Oops, I meant 230 million to 290 million for a villa. |
wow pricey... how many pyung is that? |
Around 31-33 I guess. |
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