Bugae 4-guyeok Redevelopment: Housing Prices, Investment Outlook, and Living Infrastructure

Bugae 4 Redevelopment Zone is located in Bupyeong-gu, Incheon, and is attracting a lot of attention.

This area is conveniently located near subway line 7, and boasts various life infrastructures, making it a very attractive residential area. In this post, we will take a closer look at the redevelopment plan for Bugae 4 Redevelopment Zone, its advantages, and its progress.

Overview of Bugae 4 Redevelopment Zone
Bugae 4 Redevelopment Zone is located in the area around 159 Chungseon-ro, Bupyeong-gu, Incheon, and covers an area of approximately 66,688.8㎡. This area has high potential as a residential area, and redevelopment is underway, attracting much attention. In particular, Bugae 4 Redevelopment Zone is scheduled to construct 13 apartment buildings ranging from 2 basement floors to 25 floors above ground, along with related facilities.

Bugae 4 Redevelopment Plan
The redevelopment of Bugae 4 Redevelopment Zone is proceeding in several stages, and the selection of a construction company is currently underway. A contractor presentation is scheduled for November 2024, attracting significant interest from many construction companies. Upon completion of the redevelopment, this area will be transformed into a modern residential space.

Main Facilities and Infrastructure
Bugae 4 Redevelopment Zone has various convenient life facilities located nearby, a major advantage for residents. In particular, it is conveniently located near Samsan Gymnasium Station and Gulpocheon Station on subway line 7. Furthermore, various facilities such as large supermarkets, hospitals, and schools are located nearby, providing everything needed for daily life.

Advantages of Bugae 4 Redevelopment Zone
The biggest advantage of Bugae 4 Redevelopment Zone is its well-established transportation and life infrastructure. In addition, upon completion of the redevelopment, the creation of new residential spaces is expected to increase the value of the area. This will be an attractive factor for investors.

Redevelopment Progress
Currently, the redevelopment of Bugae 4 Redevelopment Zone is progressing smoothly, with plans being developed to reflect the opinions of the residents. Resident participation is considered crucial during the process of changing the management and disposal plan or selecting the construction company.

Housing Prices and Investment Outlook
Housing prices in Bugae 4 Redevelopment Zone are expected to rise as redevelopment progresses. Current price ranges vary from 110 million won to 600 million won, and the real estate value of this area will increase further upon completion of the redevelopment. Therefore, it could be a good opportunity for investors.

Resident Opinions and Community
Residents of Bugae 4 Redevelopment Zone are showing a positive response to the redevelopment, and are sharing their opinions through community activities. Redevelopment plans that reflect residents' opinions will greatly contribute to the development of the local community.

Conclusion and Future Plans
The redevelopment of Bugae 4 Redevelopment Zone is expected to continue, and will further develop through communication with residents. The changes in this area are giving many people a sense of anticipation, and we look forward to its future development.

We hope this information about Bugae 4 Redevelopment Zone was helpful. We appreciate your continued interest in news about this area! 😊