Kim Gura's Apartment Stays at 700 Million for 14 Years, Long-Term Stagnation
It is said that Kim Gura lamented its undervaluation due to no price changes for 15 years.
The Siksa Xi apartment in Goyang, Gyeonggi Province, has remained at 700 million won for 14 years, cited as an example of investment failure.
It is said that Kim Gura lamented its undervaluation due to no price changes for 15 years.
The apartment itself has excellent product quality, but the problem is that although it is located in Ilsan Dong-gu, it actually has the locational limitations of Goyang City.
Expert Lee Sang-woo explained that this price range is by no means cheap, and it reflects the locational characteristics of Goyang City, Gyeonggi Province, not Seoul.
This shows the reality that apartment prices in Gyeonggi Province are inevitably lower compared to Seoul.
Similar to Bundang, it is expected to find its place to some extent only after large-scale redevelopment projects are carried out, but Siksa Xi is far from such projects, so the possibility of recovery is low.
Siksa Xi is famous as a region that operated private shuttle buses to Yeouido, which contributed to attracting demand for affordable jeonse (long-term lease) and monthly rent during the initial unsold period.
However, due to these market characteristics, questions have been raised about the actual financial situation of the homeowners.
In the past, Siksa Xi was a preferred residential area for celebrities due to its proximity to broadcasting stations such as MBC in Janghang-dong, Ilsan, and SBS in Tanhyun.
Experts emphasize focusing on providing optimal solutions to clients and respecting the autonomous choices of celebrities.
Some celebrities frequently suffer significant difficulties in selling properties after buying them at high prices, often making misguided investments by relying solely on what others say.
Expert Lee Sang-woo advised that simply buying an expensive house might draw public resentment if the fact of winning an apartment lottery or purchasing a high-priced home becomes known. Thus, a strategy aligning with one's image and goals is necessary.
Therefore, a careful approach is needed by clearly separating image management and investment returns.
Therefore, he explains that cultivating the ability to judge people and having trustworthy connections who won't deceive you are essential for investment success.
Despite having many celebrity clients, he has never boasted about it publicly, adding that real estate information leaks are mostly spread by brokers.
Answers come from the transcript, with the exact spot cited.
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