The rise in the benchmark interest rate has led to uncertainty in the real estate market. In this situation, there are many variables that determine the future of the market, such as the government’s real estate tax reform, housing supply roadmap, and subscription system reform. Not only homeless people but also single and multi-homeowners are deeply troubled. Experts agree that the strategy should be centered on “smart houses.”
Samsung Biologics will build a second bio campus in Songdo International City, Incheon. The strategy is to increase biopharmaceutical production capacity by 1.5 times and widen the “super gap” that global rivals cannot keep up with. Samsung Biologics has announced that it has signed a land sales contract with Incheon City Hall. It is a contract to build research and manufacturing facilities in the high-tech industrial cluster in Matsushima 11 construction district.The site area is 357,366 square meters, 1.3 times larger than the first bio campus (274,000 square meters) located in Songdo 5th construction district.

We plan to invest 7 trillion won in the construction of the second campus.This is twice the amount spent on the construction of the first campus (3.6 trillion won).Four additional plants will be built on the second campus.Considering the production capacity of the fourth plant being built on the first campus is 256,000 liters, the second campus is estimated to reach one million liters.
When the fourth plant is completed next year, the first campus will produce 620,000 liters.It is the largest biopharmaceutical production facility in the world based on a single company.When the second campus is completed, Samsung Biologics will have a biopharmaceutical production capacity of 1.6 million liters.It is five times larger than the world’s second-largest Swiss-Lonza (303,000 liters).This is expected to create jobs and bring in population, and apartments in Songdo New Town are attracting attention.

Songdo The First City, which is located in Incheon Free Economic Zone (Matsushima International City), is selling the products.Matsushima, where development projects for urban infrastructure and settlement environment will be carried out by 2030 with the goal of becoming a global international city, is rapidly developing around bio, education, research, culture, tourism, IT and BT industries. Songdo The First City, which recently announced the news of new apartments, is a two-story, 10-story apartment in Songdo-dong, Yeonsu-gu, Incheon. This place is located at the center of Songdo, which has excellent transportation environment, comfortable natural environment in the city center, and various living infrastructure.
As the GTX-B line of the metropolitan express train passes through the “Transportation” which is the biggest concern for prospective residents who are considering living in Incheon, you can quickly move to major transfer stations in Seoul such as Yongsan, Seoul Station, and Cheongnyangni. As commuting time is greatly reduced, I think we can achieve the work-life balance pursued by office workers and university students.You can also travel to the Seoul metropolitan area and Incheon Airport through the 2nd Outer Circulation Road, the 3rd Gyeongin Expressway, and the Intercity Bus Transfer Center.

Also, Central Park and Songdo Theme Park (planned), which are considered landmarks around Songdo New Town’s apartment complex, offer various fun and cultural experiences, and Lotte Mall, Costco, E-Land Mall, Shinsegae Department Store (planned) nearby.In addition, there are Shinjeong Elementary School, POSCO High School, and International School, where you can walk to school, and it forms a premium school district where various large cram schools are located. It is a new housing complex that was completed in May 2022 and has the advantage of being able to move in as soon as you pay the balance.
Apartments in Songdo New Town are attracting a lot of attention not only for newlyweds and households with two or three people, but also for the product that meets the demand for moving to Songdo New Town without much burden. In addition, to create a comfortable and smart living space where residents want to stay for a long time, it uses high-quality interior finishing materials to show a cleaner and more sensuous interior, and has a smart remote meter reading system, room temperature control, and thorough security system. If commercial facilities are built in the complex as well as enough parking space, you can enjoy a one-stop life where you can live without leaving the complex.

The reason why apartments in Songdo New Town are attracting attention is that the selection of private operators to participate in the construction project of the metropolitan express line (GTX) B connecting Songdo in Incheon to Maseok in Gyeonggi Province is becoming more concrete. The Ministry of Land, Infrastructure, Transport and Tourism announced the “Basic Plan for Private Investment Facilities Project” for 63km of the construction project of the metropolitan express line B (hereinafter referred to as GTX-B).
The GTX-B construction project, which was first announced in 2016, is the core pledge of Incheon City in the 8th popular election and the aspiration of citizens.It is a high-speed railway project that connects the western metropolitan area including Incheon and the eastern metropolitan area including Namyangju to build 14 stations with 82.7 kilometers in length.In particular, Songdo New Town Apartment is considered a transportation revolution project in the Seoul metropolitan area because it can reduce traffic time in 20 minutes from Songdo to Seoul’s main base and 30 minutes in eastern Gyeonggi Province.

The GTX-B construction project, which was first announced in 2016, is the core pledge of Incheon City in the 8th popular election and the aspiration of citizens.It is a high-speed railway project that connects the western metropolitan area including Incheon and the eastern metropolitan area including Namyangju to build 14 stations with 82.7 kilometers in length.In particular, Songdo New Town Apartment is considered a transportation revolution project in the Seoul metropolitan area because it can reduce traffic time in 20 minutes from Songdo to Seoul’s main base and 30 minutes in eastern Gyeonggi Province.
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