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Old October 28th, 2015, 05:39 PM   #1
kimahrikku1
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SEOUL | Samseong-dong Central I-Park | 105m | 346ft | 31 fl x 4 | U/C

Samseong-dong Central I-Park Samseong-dong, Gangnam-gu
105m / 31 fl / Residential (x4) / Prep / 2015-2018


http://news.naver.com/main/read.nhn?...aid=0000885240

Took a couple of quick pictures today of the construction site :

Untitled
by kimahrikku1, on Flickr

Untitled
by kimahrikku1, on Flickr

Untitled
by kimahrikku1, on Flickr

This website has all the infos about the complex, additional renderings, its locations : http://blog.naver.com/oh97014/220521450703

And here is what the previous buildings looked like before there were demolished, true architectural wonders indeed :

http://news.mk.co.kr/newsRead.php?no=44951&year=2015

Last edited by kimahrikku1; June 16th, 2016 at 10:54 AM.
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Old December 11th, 2015, 11:18 AM   #2
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https://www.i-park.com/field/doing_v...e.jsp%3Fpg%3D4
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Old January 16th, 2016, 03:49 PM   #3
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Old March 1st, 2016, 08:53 AM   #4
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Old March 14th, 2016, 02:19 PM   #5
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https://www.i-park.com/field/doing_v...e.jsp%3Fpg%3D4
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Old March 14th, 2016, 05:16 PM   #6
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Quote:
Originally Posted by kimahrikku1 View Post

Hey kimahri

below photos's copyright belong to me
You should edit
http://www.skyscrapercity.com/showthread.php?t=1872788
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Old March 14th, 2016, 06:35 PM   #7
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One thing that surprises me is that apartments in the more expensive parts of the city aren't really any better-designed than those way on the outskirts. Samseong-dong must be one of the hottest residential areas in Seoul, and yet these look about as plain as blocks being built anywhere else. You'd think a likely-higher sale price would warrant more money invested in design.
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Old March 15th, 2016, 05:27 AM   #8
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Quote:
Originally Posted by aquaticko View Post
One thing that surprises me is that apartments in the more expensive parts of the city aren't really any better-designed than those way on the outskirts. Samseong-dong must be one of the hottest residential areas in Seoul, and yet these look about as plain as blocks being built anywhere else. You'd think a likely-higher sale price would warrant more money invested in design.
I'll be honest, I don't understand Korean real estate or the way promoters work all that well. But that being said, what I understand is that unlike in the West where a promoter buys the land and/or individual units, and then builds whatever he pleases and sell units to completely other buyers.

In Korea, in many complex / housing projects, owners are part of some kind of homeowner association. When the appartments become old, they start making plans for rebuilding the lot, with higher-end buildings, with owners usually retaining ownership of a new unit one way or the other. What that means is that the costs of construction are to some degree assumed by existing owners, so it is more burdensome for them to build something that is too high-end.

Again, I'm not 100% sure, and I have no idea if that's what's going on this actual lot.

But that wouldn't be the first nor the last project to be underwhelming in that area (Acrohills Nonhyeon, Samsung Hillstate 2...). I was hoping for something more like I'Park Samsung across the street from Bongeunsa...
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Old March 15th, 2016, 03:30 PM   #9
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Yes, even something like that would be quite a lot better. However, even assuming that your understanding of how these projects are decided on, the smart thing (in my opinion) to do would seem to be to try and find outside investors who would be willing to turn the redevelopment into something higher-end, and thus try to have everyone reap the monetary benefit of later selling much higher-value residences.

I don't know if that makes sense, but it seems reasonable. Korean real estate is equally mystifying to us both.
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Old March 16th, 2016, 12:29 AM   #10
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Quote:
Originally Posted by aquaticko View Post
One thing that surprises me is that apartments in the more expensive parts of the city aren't really any better-designed than those way on the outskirts. Samseong-dong must be one of the hottest residential areas in Seoul, and yet these look about as plain as blocks being built anywhere else. You'd think a likely-higher sale price would warrant more money invested in design.

Yea.
it is different between pre-sale and post-sale 후분양 선분양
most of korean project landowner and original people particiapted on project and invest money
of course get the profit from project finish sale successfully.

About design. i really hate those korean style but actually there are experimental project(I park suwon etc) which more creative and round hape apartment.
however result customer unsatisfied due to inside. most woman complain about creative design aprtment.

So now those boxy design ongoing maybe forever



Quote:
Originally Posted by kimahrikku1 View Post
I'll be honest, I don't understand Korean real estate or the way promoters work all that well. But that being said, what I understand is that unlike in the West where a promoter buys the land and/or individual units, and then builds whatever he pleases and sell units to completely other buyers.

In Korea, in many complex / housing projects, owners are part of some kind of homeowner association. When the appartments become old, they start making plans for rebuilding the lot, with higher-end buildings, with owners usually retaining ownership of a new unit one way or the other. What that means is that the costs of construction are to some degree assumed by existing owners, so it is more burdensome for them to build something that is too high-end.

Again, I'm not 100% sure, and I have no idea if that's what's going on this actual lot.

But that wouldn't be the first nor the last project to be underwhelming in that area (Acrohills Nonhyeon, Samsung Hillstate 2...). I was hoping for something more like I'Park Samsung across the street from Bongeunsa...

http://www.skyscrapercity.com/showthread.php?t=1872788
Enough?
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Old April 3rd, 2016, 12:31 PM   #11
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Old April 8th, 2016, 01:07 PM   #12
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Old May 3rd, 2016, 05:23 PM   #13
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Old May 29th, 2016, 03:09 PM   #14
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Old July 1st, 2016, 08:30 AM   #15
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Old July 31st, 2016, 09:35 AM   #16
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Old August 30th, 2016, 05:36 AM   #17
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Old August 30th, 2016, 09:25 PM   #18
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TBH I expected some slickly designed residential tower due to its prime location and name.
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Old October 3rd, 2016, 01:06 PM   #19
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Old November 2nd, 2016, 04:02 PM   #20
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