Yongin Suji-gu Mobile Phone Stores Sale Prices Drop by 8.5%, Now Listed at 630 Million Won

South Korean Property Market Sees Diverse Investment Opportunities

Seoul, South korea – A range of investment opportunities in the South Korean real estate market have recently become available, encompassing commercial buildings, land for development, and established businesses. These offerings present options for varying investment levels and strategies, from long-term holdings to quick sales.

Office Spaces and Development Land

A significant possibility is the sale of an entire 18th floor (580㎡) within a 26-story complex, strategically located near Sindorim Station, a key transportation hub. The asking price is KRW 5.68 billion. Separately,a 1,117㎡ plot of land near Shinnonhyeon transfer station in Seocho-gu is available for KRW 37.2 billion, ideally suited for new office construction, or other ventures.

Prime Locations and Remodeled Buildings

In the prestigious Cheongdam-dong area, a remodeled mid-sized office building, totaling 9,078㎡, is being offered as a strategic investment. Investors can also explore a newly constructed office building in Gangseo-gu, valued at KRW 40 billion, featuring self-propelled parking for 38 vehicles and potential for future expansion.

Regional Opportunities and Income-Generating Properties

Further afield, a 6,694㎡ plot in Yangpyeong, near the Seojong IC and Bukhan Riverside, is suited for cafes, pensions, or premium facilities, with a price of KRW 3.9 million per 3.3㎡. A nine-story building in Mapo-gu, recently built with parking for 20 cars, is listed for KRW 23 billion.

Residential and Retail Investments

Luxury housing investments are also available, including a three-story house with a terrace and garden in Seocho-gu’s Seorae Village, offered at KRW 10 billion, with potential for redevelopment. A prime retail space (44㎡) on the main street in Suji-gu,Yongin,leased to a shopping center with 12,000 households,is available for KRW 630 million.

Auction Opportunities and established Businesses

Investors interested in auctions can consider a four-story neighborhood house in Suwon’s Maetan-dong, recently sold for KRW 1.127 billion after two previous rejections.Additionally, properties with existing rental income streams are available, such as a building in Sillim New Town, generating KRW 30 million monthly, listed for KRW 7.9 billion.

Large-Scale Commercial Developments

The Dongtan 2 commercial building, with underground and above-ground floors, is available for KRW 21 billion, representing an actual investment of KRW 7 billion, and benefits from tenancies with major brands like GS Mart and Tous Les Jours & Cafe.

Property Type	Location	Price (KRW)
Office Floor	Sindorim Station	5.68 Billion
Land	Shinnonhyeon Station	37.2 Billion
Office Building	Gangseo-gu	40 Billion

Did You Know? South Korea’s real estate market has demonstrated resilience, even during global economic fluctuations, making it an attractive destination for foreign investors.

Pro Tip: Thorough due diligence, including legal and financial assessments, is crucial before making any real estate investment in South Korea.

What factors are moast vital to you when considering a commercial property investment? How does the current economic climate influence your investment strategy?

Understanding the South Korean Real Estate Landscape

South Korea’s property market is known for its dynamic nature and strong growth potential. The country’s robust economy, coupled with a high population density, drives demand for both residential and commercial spaces. Understanding the nuances of the market, including regional variations and regulatory frameworks, is essential for accomplished investment.Improvements in infrastructure and ongoing urban development projects are continuously creating new opportunities.

Frequently Asked Questions About Investing in South Korean Property

• What is the typical return on investment for commercial property in South Korea? Returns vary significantly based on location, property type, and market conditions, but generally range from 4% to 8% annually.
• are there any restrictions on foreign ownership of property in South Korea? Foreigners can own property in South Korea, but there are specific regulations and reporting requirements that must be followed.
• What are the key risks associated with investing in South Korean real estate? Risks include market fluctuations, changes in government policy, and currency exchange rate volatility.
• How important is location when investing in South Korean commercial property? Location is paramount as it significantly impacts rental income, property value, and future growth potential.
• What is the current state of the South Korean economy and how does it affect real estate? The South Korean economy is currently stable with moderate growth, which supports demand for both residential and commercial real estate.

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What specific economic indicators beyond overall consumer spending are influencing the 8.5% price drop?

Yongin Suji-gu Mobile Phone Store Sales: 8.5% Price Drop & Current market Value

Understanding the Recent Price Shift in Suji-gu

Recent data indicates a notable shift in the mobile phone store market within Yongin’s Suji-gu district.as of today, October 13, 2025, the listed sale price for these businesses has dropped by 8.5%, now averaging 630 million Won. this represents a notable change for potential investors and current business owners alike. This article dives into the factors driving this price adjustment, what it means for buyers and sellers, and provides insights into the current state of the mobile phone retail landscape in Suji-gu. We’ll cover everything from market trends to financing options.

Key Factors Contributing to the Price Decrease

Several interconnected factors are contributing to this 8.5% decline in mobile phone store valuations in Suji-gu:

* Increased Competition: The mobile phone market is fiercely competitive. A recent influx of smaller, autonomous stores, coupled wiht the continued dominance of major carriers and online retailers, is putting pressure on existing businesses.

* Shifting Consumer Behavior: More consumers are opting to purchase phones directly from carriers or online,bypassing traditional retail stores. This trend is notably pronounced among younger demographics.

* Economic Slowdown: While South Korea’s economy remains robust, a slight slowdown in consumer spending is impacting retail sales across various sectors, including mobile phones.

* Carrier Commission Changes: Adjustments to commission structures offered by major mobile carriers have impacted the profitability of retail stores, leading to lower valuations.

* Inventory Costs: The cost of maintaining a diverse inventory of the latest smartphone models is increasing, squeezing profit margins for store owners.

Current Market Analysis: Suji-gu Mobile Phone Store Values

The average sale price of 630 million Won reflects a complex interplay of these factors. Here’s a breakdown of what that figure represents:

* Location Matters: Stores in prime locations with high foot traffic (near subway stations, shopping malls) still command higher prices, typically ranging from 700-850 million won.

* Store Size & Condition: Larger stores in good condition generally fetch a premium. Smaller, older stores may be listed for as little as 500 million Won.

* Existing Contracts: Stores with favorable contracts with major carriers (SK Telecom, KT, LG U+) are more valuable.

* Customer Base: A loyal and established customer base substantially increases a store’s appeal to potential buyers.

* Profitability: The most crucial factor. Stores demonstrating consistent profitability are naturally valued higher.

Implications for Buyers: Opportunities in a Changing Market

The 8.5% price drop presents potential opportunities for investors looking to enter the Suji-gu mobile phone retail market:

1. Lower Entry Costs: The reduced sale prices make it more affordable to acquire an existing business.
2. Potential for Growth: Savvy buyers can capitalize on the changing market by focusing on niche services (e.g., phone repair, accessories, customized phone cases).
3. Negotiating Power: Buyers have increased negotiating leverage due to the current market conditions.
4. Strategic Acquisitions: Opportunities exist to acquire struggling stores at discounted prices and revitalize them with innovative strategies.

Implications for Sellers: Adapting to the New Reality

For current mobile phone store owners in Suji-gu,the price decrease necessitates a strategic response:

* Realistic Valuation: Sellers need to adjust their expectations and price their businesses competitively.

* Highlighting Strengths: Emphasize the unique strengths of your business (location,customer base,profitability) to attract potential buyers.

* Business Optimization: Focus on improving profitability by streamlining operations, reducing costs, and enhancing customer service.

* professional Brokerage: engaging a reputable business broker specializing in the mobile phone retail sector can help navigate the sale process effectively.

* Consider Alternatives: Explore options beyond a direct sale, such as franchising or partnering with another business.

Financing Options for Mobile Phone Store Acquisitions

Several financing options are available for individuals looking to acquire a mobile phone store in Suji-gu:

* Bank Loans: Traditional bank loans are a common option,but typically require a substantial down payment and strong credit history.

* Small Business Loans: Government-backed small business loans offer more favorable terms and lower interest rates.

* Private Equity: Private equity firms might potentially be interested in investing in promising mobile phone retail businesses.

* seller Financing: In some cases, the seller may be willing to provide financing to the buyer.

* credit Unions: Local credit unions frequently enough offer competitive loan rates to small businesses.

Future Outlook: Trends to Watch in 2026

The mobile phone retail market in Suji-gu is likely to continue evolving. Key trends to watch in 2026 include