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Monthly TOP 15

Introducing our TOP 15 agents of Excellence this month

TitleOn-site visit to Show Property, Initri Building, Sinsa-dong, Gangnam-gu, Seoul2025-11-21 09:36
Writer Level 10

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From Apgujeong Station Exit 3, walk a short distance down Dosan-daero and you'll find Mega Coffee. Turn left and enter the back alley. Building 594-22 Sinsa-dong is located right on the corner. This is the location of Platinum Partners' show property.

The building itself is open on three sides, offering a breathtaking view from the street. The stylish new construction perfectly fits the local atmosphere.

With two basement levels and five above-ground floors, the building feels quite spacious. The sunken basement provides a pleasant sense of openness for a basement. An external elevator connects directly to the rooftop, ensuring a clean flow of traffic throughout the building.

The lease terms are a 300 million won deposit and 30 million won monthly rent. The price appears low compared to nearby new construction, and the land price of 220 million won is certainly a good value for the area.

Another great advantage of this building is that it uses an external staircase, so the staircase is outside the building, securing ample space for indoor use.

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A single elevator connects the building to the rooftop, and the property is currently being leased and sold simultaneously. The property, originally priced at 13 billion won, has been reduced to 12.2 billion won for exclusive use.

The area's locational advantages are clear. Its proximity to the Euljiro Hospital intersection, the planned opening of the Wirye-Sinsa Line and the new Dosan-daero Station, and other transportation benefits continue to benefit. Furthermore, the planned redevelopment of Apgujeong Hyundai Motor Company is expected to boost land prices in the future.

The practical design also allows for a highly usable floor plan. Based on the floor plan, seven floors can be seen, starting from the top and working down. The fourth floor features a spacious terrace, allowing for a variety of uses, such as branding and a lounge. The second floor is ideal for offices and workspaces.

The first and second basement levels are well-ventilated, so they don't feel stuffy, which is typical of basements, and can be used for various purposes, such as offices and studios.

The first floor can be used immediately as an exhibition and sales facility.

Today's tour was attended by industry insiders, representatives of each Remax franchise, and agents. They thoroughly toured every inch of the building, showing deep interest in its structure, location, and future usability.

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