1,355-unit complex with specialized community facilities

Gumi housing market rebounds amid supply drought; semiconductor and robot investment add tailwind

Gumi Park One Desiang [Taeyoung Engineering & Construction]
Gumi Park One Desiang [Taeyoung Engineering & Construction]

Taeyoung Engineering & Construction announced Thursday that it plans to launch pre-sales for Gumi Park One Desiang, a large residential complex in Doryang-dong, Gumi, North Gyeongsang Province, in November. Developed through a private park special project, the complex will be built alongside a large neighborhood park — marking the first brand-name large-scale complex to come to market in Gumi after a prolonged supply drought.

The complex will consist of 10 buildings rising from three basement levels to 40 above-ground floors, with a total of 1,355 units ranging from 84 to 110 square meters in exclusive use area.

Gumi's real estate market has been recovering in tandem with a sharp drop in new supply. The number of new apartment units offered for pre-sale in Gumi plunged roughly 89 percent over four years, from 3,583 units in 2021 to 403 in 2025. This year, only about 60 remaining units from earlier projects are being offered.

As a result, unsold units in Gumi fell about 70 percent — from 2,076 at the end of 2024 to 613 as of late August — in just one year and eight months. Price trends are also shifting. An 84-square-meter unit at Gumi i'Park the Sharp traded at 655 million won ($479,000) at the end of last year, setting an all-time high for that unit size, and record-high transactions have continued this year, particularly in newer complexes.

The Doryang-dong site is the first private park special project in Gumi, developed in conjunction with a large neighborhood park spanning 550,000 square meters — equivalent to more than 70 soccer fields — which residents will be able to enjoy as an extension of their front yard. The complex is also close to Geumosan mountain.

The area offers strong school access as well. Residents will be within walking distance of Munjang Elementary School, Gumi Middle School, and two high schools — Gumi High School and Gumi Girls' High School — both ranked among the top performers in academic achievement.

Residents will have walkable access to the Doryang-dong commercial district as well as the nearby Wonho-ri shopping area, with the Bonggok-dong neighborhood also close by. The Buk-Gumi interchange on the Gyeongbu Expressway provides convenient road access to Daegu, Gimcheon and other nearby cities, as well as major urban centers nationwide. Gumi Station serves as a rail hub, and the Daegyeong Line regional rail service connecting Gumi and the greater Daegu area allows residents to travel between the two cities as if they shared a single living zone.

A new Dong-Gumi Station on the Daegu-Gyeongbuk metropolitan rail line passed a preliminary feasibility study this year, and the Gumi–Gunwi expressway cleared the same hurdle last year. The improvements are expected to put the planned Daegu-Gyeongbuk New Airport within roughly 10 minutes of Gumi, significantly enhancing the area's transport connectivity.

The industrial foundation is equally strong. Gumi has secured a series of national projects — including a semiconductor materials and components specialized complex and a defense industry innovation cluster — as it positions itself as an advanced-industry city. Samsung Electronics and Samsung SDS recently announced a 19 trillion won ($13.9 billion) investment plan in Gumi, covering a humanoid robot mass-production line and an AI data center. SK Siltron is also expanding its semiconductor wafer production lines in the city.

The complex will feature an extensive range of community facilities designed to maximize resident convenience — a golf practice range, screen golf, an indoor gymnasium with a running track, a sauna, a coin laundry, a private cinema, a shared kitchen and dining party room, and a multipurpose hall. Parking will be provided at a ratio of 1.64 spaces per unit, with about 80 percent of spaces designed in an extended format for added ease.

"There is strong interest from local end-users given the location next to a 550,000-square-meter park and a top-tier school district, and the fact that this is a rare brand-name large complex in Gumi," a pre-sales official said. "Inquiries have already been coming in steadily, as this is the first large complex to come to market in Gumi in quite some time amid the shortage of new supply."

The Gumi Park One Desiang model home will open next month in Goa-eup, Gumi. A promotional center near Gumi Station is already in operation ahead of the opening.

Meanwhile, Taeyoung Engineering & Construction completed sales contracts for all units at Metro City Jasan Desiang, a complex it supplied in Jasan-dong, Masanhappo-gu, Changwon, South Gyeongsang Province, in July. The sellout was attributed to the complex's rarity as the first brand-name large apartment complex in Masanhappo-gu in about five years, as well as its diverse community facilities that set it apart from neighboring developments.


lucky@heraldcorp.com