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Korea’s Silicon Valley, Pangyo, Releases KRW 300 Billion Worth of Vacant Land In Pangyo New Town, Seongnam-si, Gyeonggi-do, which is sometimes called Korea’s Silicon Valley, vacant land with an official price of more than KRW 300 billion has entered the initial stage of development. Seongnam City recently began establishing a plan to utilize vacant land in Pangyo. Covered by this initiative two municipal zones currently used as parking lots in Pangyo-dong and Unjung-dong, and sites designated for schools in Pangyo-dong, Sampyeong-dong, and Baekhyeon-dong, but which have been left empty for a decade. The sites range in size from 2,313㎡ to 16,051㎡. The published prices for each site amounts to between KRW […]
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Content Editor, Seoul Property Insight(SPI)
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