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Chungju to Bid Off Parcels of 5th Industrial Complex Support Facilities

According to Yonhap News,

(CHUNGJU=Yonhap News) On April 24, Chungju City, Chungbuk-do, announced it will parcel out lots in the 5th industrial complex located in Yongtan District for the second time.

This time around, it will parcel out a 9072㎡ support facility divided into 16 parcels. The parcels can be used for living facilities, retail facilities, medical facilities and living accommodations.

Prices will start at KRW 740,500 to KRW 974,000 per ㎡.

Those interested can apply to participate in the bidding online at ( from April 26 to 30.

All the parcels in the first round of presales for the support facilities were auctioned off last month.

A Chungju City official remarked, "The existing 1 to 4 industrial complexes do not have any supporting facilities, so if they include the demand from the existing complexes, the investment value of the 5th industrial support facilities is even higher."

For more information, please contact Chungju City's New Growth Strategy Department (☎ 043-850-0722).

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Source Text

** This article was translated from Korean.

Source: Yonhap News (Apr. 24, 2018)