KT Estate is set to provide 499 youth and newlywed housing units in Yeomni-dong, Mapo District, Seoul.
On September 29, KT Estate announced the launch of 'Remarkville Mapo,' the 11th project under its corporate rental housing brand.
Remarkville Mapo will consist of a total of 499 units, with 425 designated for youth and newlyweds, including 86 special supply units and 339 general supply units. Applications will be accepted from October 1 to 4 through the official Remarkville Mapo website, with the announcement of winners and contracts expected to take place before move-ins begin at the end of October.
The complex is located about a five-minute walk from Exit 2 of Daehyeong Station on Subway Line 6. Gongdeok Station, which serves Lines 5 and 6, as well as the Airport Railroad and Gyeongui-Jungang Line, is also within walking distance. This location offers convenient access to major business districts such as Yeouido, Gwanghwamun, and Yongsan.
Nearby amenities include the Gyeongui Line Forest Trail and Mangwon Hangang Park, with several universities such as Sogang University, Yonsei University, Ewha Womans University, and Hongik University in close proximity.
The housing types primarily consist of one-room and 1.5-room units, with sizes of 30.04 square meters and 40.16 square meters for one-room units, and 53.89 square meters for 1.5-room units. The 1.5-room units are designed to separate the bedroom from the living space and include pantry areas.
A deposit conversion system will be implemented, allowing residents to adjust the ratio of their security deposit to monthly rent based on their financial situation.
Exclusive community facilities for residents will cover approximately 250 pyeong and will include a fitness center, yoga room, reading café, multi-purpose room, cafeteria, and coin laundry.
The project is being developed through a REIT managed by Marston Investment Management, with KT Estate responsible for investment and development, while Marston oversees asset management. KT Living, a company specializing in rental housing operations, will manage the complex.
Yoo Cheol-ho, head of KT Estate's development division, stated, "As the housing burden on young people and newlyweds continues, providing a stable living environment is crucial. We hope Remarkville Mapo will contribute to housing stability for actual users based on its excellent location and residential services."
KT Estate launched the premium corporate rental housing brand 'Remarkville' in 2016. Since establishing its corporate rental housing business in 2011, it has expanded to 10 projects, including Dongdaemun, Yeongdeungpo, Gwanak, Busan Daeyeon, Gunja, Busan Station, East Pole, Dangsan, Guui, and Jongno. With the addition of Remarkville Mapo, the brand will encompass 11 projects totaling 4,834 units. Earlier in August, 'Remarkville Jongno' began accepting residents.
* This article has been translated by AI.
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