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The evolution of the officetel: Mokdong Yoonseul Xi offers four bedrooms and five balconies
🇰🇷 South Korea /Economy & Trade

The evolution of the officetel: Mokdong Yoonseul Xi offers four bedrooms and five balconies

From Dong-A Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

In-depth Named sources New plan
  • GS Engineering and Construction opened its model home for Mokdong Yoonseul Xi, a 651-unit residential officetel near Omokgyo Station in Seoul.
  • The development offers apartment-style units measuring 114 to 203 square meters, with features including four-bedroom layouts, five balconies and duplex penthouses.
  • Applications do not require a housing savings account or homeownership, but the project’s sales price is expected to be closely watched and will be disclosed in the recruitment notice.

GS Engineering and Construction is presenting Mokdong Yoonseul Xi as a new kind of large-scale residential officetel, with layouts closer to mid- and large-sized apartments.

The project occupies the former KT site near Omokgyo Station on Seoul Subway Line 5. It will comprise three towers, rising from six basement levels to 48 floors above ground, with 651 units ranging from 114 to 203 square meters.

The usable area is about 40 pyeong when the approximately 35-pyeong exclusive area is combined with about 5 pyeong of balcony service area.

— Sales representativeThe representative explained how the balconies expand the practical living space.

A 114-square-meter unit includes four bedrooms, two bathrooms and a dressing room. Its defining feature is five balconies separated from the interior by sliding doors. Residents can open the doors to extend living rooms or bedrooms, or close them to create separate balcony areas. The model unit shows the spaces being used for exercise, reading, dining and children’s study rather than only storage or laundry.

It is not 100 million won per 3.3 square meters of exclusive area.

— Sales representativeThe representative rejected market predictions about the project’s expected sales price.

GS says the open balconies help offset the lower usable-area ratio common to officetels. All 651 units will include them. The company describes the project as a “Hypert” housing type, combining “Hyper” and “Apartment.” A 203-square-meter duplex unit is designed as a penthouse, with a double-height living area, an internal staircase, bedrooms, bathrooms and an outdoor terrace with a bathtub.

The complex will include a wellness club operated by Josun Hotels & Resorts, with an indoor pool, fitness center and sauna. A rooftop community space will offer guest rooms, work areas and meeting facilities. Applicants must be at least 19, while housing ownership, residence and savings-account requirements do not apply. Prices will be announced in the recruitment notice, and the company said the project is intended partly to meet demand from families displaced by Mokdong redevelopment.

Mokdong Yoonseul Xi is in an irreplaceable location at the center of Mokdong’s established prestigious school district and living infrastructure.

— GS Engineering and ConstructionThe company promoted the project’s location and premium positioning.
About this summary

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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