Hyundai Engineering announced that it will begin sales for 'DH Banpo 124,' a redevelopment project of the Banpo Jugong Complex 1, 2, and 4 in Seocho-gu, Seoul, in December. The large-scale complex will consist of a total of 5,007 units, with 1,801 units available for general sale.
The general sale will include units ranging from 59 to 130 square meters. Specifically, there will be 279 units of 59㎡, 23 units of 80㎡, 1,358 units of 84㎡, 81 units of 99㎡, 43 units of 114㎡, and 17 units of 130㎡. Notably, units of 84㎡ will account for approximately 75% of the general sale.
DH Banpo 124 is part of the redevelopment of the Banpo Jugong Complex, which was established during the development of Gangnam in the 1970s. The name combines Hyundai Engineering's high-end residential brand 'DH' with the local name 'Banpo' and the numbers '124' representing the targeted complexes.
Hyundai Engineering has implemented specialized designs considering the riverside location and the scale of the complex. The exterior design, developed in collaboration with the global architectural firm Morphosis, features rooftop decorations inspired by the waves of the Han River and glass facades.
A sunken plaza and a sky bridge with views of the Han River will be located at the center of the complex. Landscaping will create a unified view from the entrance of the complex to the riverside.
The community facilities are planned to cover approximately 23,500 square meters, equivalent to about 4.7 square meters per household. The site is conveniently located within walking distance of the Gubanpo Station on Seoul Subway Line 9 and Dongjak Station on Lines 4 and 9. Major road networks, including Olympic Boulevard, Banpo Boulevard, and the Gyeongbu Expressway, are also nearby.
Educational facilities include Banpo Elementary School, Banpo Middle School, Sehwa Middle School, Sehwa High School, and Sehwa Girls' High School. Additionally, one elementary school and one middle school will be newly established within the complex. Nearby green spaces and waterfront areas include Banpo Hangang Park, Seorae Island, and Banpo Stream, along with convenient living facilities such as Shinsegae Department Store in Gangnam, Central City, and Seoul St. Mary's Hospital.
Hyundai Engineering aims to expand the presence of the DH brand in the high-end residential market in Gangnam through this sale, with occupancy expected in the second half of 2027.
A sales representative stated, 'DH Banpo 124 offers a prime riverside location, excellent transportation, and educational environments, combined with the value of a large-scale branded complex and Hyundai Engineering's competitive high-end residential products. We expect it to be recognized as a landmark complex representing Banpo in the future.'
* This article has been translated by AI.
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