Harrington Square River Park: Sale Price, Deferred Payment System for Intermediate Payment Interest, and Investment Analysis


Introduction to Harrington Square River Park

Harrington Square River Park

Harrington Square River Park is the newest residential-commercial apartment situated in the urban development area of the Gyeongan 2 District in Gwangju, Gyeonggi-do. This complex is recognized as the tallest 39-story landmark in Gwangju, constructed by Hyosung Heavy Industries, boasting excellent product quality and a prime location.







Information about Harrington Square River Park Complex

Harrington Square River Park

This apartment complex is part of the urban development project in the Gyeongan 2 District and is located at 28-3, Yeokdong, Gwangju-si, Gyeonggi-do. The site area reaches 31,902㎡, consisting of four buildings with 5 underground floors and 39 above-ground floors.

The total of 818 units includes 817 units that are available for general sale, featuring a variety of types. Specifically, 72 units of the 059.9844A type, 144 units of the 059.8224B type, and 64 units of the 084.9935A type. Additionally, 134 units of the 084.9912B type, 134 units of the 084.9223C type, and 138 units of the 084.9871D type are available.

Lastly, the 096.9959A type has 62 units, the 096.9463B type has 64 units, the 150.9956 type includes 4 units, and the 161.8506 type comprises 2 units. All this information shows that this apartment complex is designed to meet a variety of demands.

Harrington Square River Park

A total of 1,352 parking spaces are provided, including 1,139 for the apartments, 47 for neighborhood living facilities, 74 for retail facilities, and 92 for office facilities. The average parking allocation is approximately 1.39 spaces per apartment unit.

This project is being carried out by Gyeongan River City Development Co., Ltd., and Hyosung Heavy Industries Co., Ltd. is responsible for construction. Harrington Square River Park offers various types of units and has garnered a lot of attention as the tallest apartment complex in Gwangju.



Harrington Square River Park Apartment (Scheduled for October 2029): Gwangju, Gyeonggi-do




Location, Transportation and Living Infrastructure of Harrington Square River Park

Harrington Square River Park

Harrington Square River Park is located near Gyeongan Stream, providing a pleasant residential area where some units can enjoy beautiful waterfront views. The complex is approximately 1.5 km from Gyeonggi Gwangju Station on the Gyeonggang Line, offering easy access to major business areas like Pangyo and Gangnam.

Nearby living infrastructures include E-Mart, CGV, and Gwangju Comprehensive Bus Terminal, ensuring a variety of convenient facilities. Moreover, nearby educational institutions such as Gwangju Elementary School and Gwangju Middle School provide a favorable environment for children’s education. However, it should be noted that it takes more than 20 minutes on foot to reach Gyeonggi Gwangju Station, suggesting additional connections for public transport may be necessary.







Intermediate payment, Sale price, Expansion costs, and Contract amount of Harrington Square River Park

Harrington Square River Park

The sale price varies according to different types, with the major price ranges for each type as follows.

Firstly, the 59㎡ type is offered between 500 million 610 thousand and 589 million 700 thousand Korean Won. Next, the 84㎡ type trades from 663 million 900 thousand to 792 million 800 thousand Korean Won. For the 96㎡ type, the price ranges from 783 million 400 thousand to 897 million 100 thousand Korean Won.

The larger 150㎡ type is priced at 1 billion 70 million Korean Won, while the 161㎡ type is offered at 1 billion 850 million Korean Won.

When proceeding with the contract, a 10% down payment is required, with a fixed rate of 10 million Korean Won for the first down payment, and the remaining balance must be paid within 30 days.

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The intermediate payment is set at 60% and will be processed under a deferred interest payment condition.

The sale prices are relatively high, but the deferred interest payment option for the intermediate payment eases initial financial burdens.

Harrington Square River Park

Balcony extension costs and additional options are subject to separate contracts.





Conclusion of Harrington Square River Park



Harrington Square River Park

Harrington Square River Park, located in Gwangju-si, Gyeonggi-do, is in a non-restricted area, making the subscription conditions relatively favorable. However, the sale price is pointed out as a disadvantage as it is not cheap compared to the surrounding market prices.

In terms of transportation infrastructure, the Suseo-Gwangju double-line railway and GTX-D line are planned, raising expectations for long-term regional development.

Despite the relatively high sale prices, considering its status as the tallest landmark in Gwangju and location advantages such as views of Gyeongan Stream, a careful decision is required.




Harrington Square River Park Sale Price

The 59㎡ model is offered at a price range of 500 million 610 thousand to 589 million 700 thousand Korean Won.

For the 84㎡ model, the price is set between 663 million 900 thousand and 792 million 800 thousand Korean Won.

The 96㎡ model forms between 783 million 400 thousand to 897 million 100 thousand Korean Won.

Lastly, the penthouse 161㎡ model is expected to be sold at 1 billion 850 million Korean Won.



Harrington Square River Park Sale Price
Harrington Square River Park Balcony Extension Costs, Additional Options

The balcony extension cost starts at 5 million 620 thousand Korean Won for the 59A type and goes up to 15 million 310 thousand Korean Won for the 161 type. Prices vary by type, so it is important to be cautious when choosing.

Additionally, for additional options, system air conditioning is provided at a variety of prices ranging from 3 million 740 thousand to 7 million 260 thousand Korean Won. A built-in refrigerator package ranges approximately from 5 million 830 thousand to 8 million 250 thousand Korean Won, a dishwasher is priced at 1 million 100 thousand Korean Won, lighting upgrades range from 5 million 280 thousand to 8 million 140 thousand Korean Won, and kitchen upgrades range from 7 million 150 thousand to 11 million 990 thousand Korean Won. These options should be carefully considered to fit the budget.

Harrington Square River Park Balcony Extension Costs
Harrington Square River Park System Air Conditioning


Harrington Square River Park Additional Options
Harrington Square River Park Additional Options
Harrington Square River Park Additional Options
Harrington Square River Park Additional Options
Harrington Square River Park Floor Plans


The floor plans are divided into various small and large types, including 59㎡, 84㎡, 96㎡, 150㎡, and 161㎡. Most floor plans are designed in a tower structure, while some are configured in a flat layout. Notably, larger units like 96A, 150, and 161㎡ are attracting attention due to their rarity, with penthouses designed in a duplex structure.

However, some types have been criticized for their small room sizes and the absence of a pantry in certain units. Considering these factors, careful selection is advised.

Harrington Square River Park Floor Plans
Harrington Square River Park Floor Plans
Harrington Square River Park Floor Plans
Harrington Square River Park Floor Plans


Harrington Square River Park Floor Plans
Harrington Square River Park Floor Plans
Harrington Square River Park Site Plans

The complex consists of four buildings and has a somewhat dense structure due to the mixed-use characteristics. To the east, Gyeongan Stream flows, allowing some units to enjoy beautiful views. However, there is a road around the complex, which may raise concerns about noise and privacy for lower-floor units.

Harrington Square River Park Site Plans


Harrington Square River Park Site Plans
Harrington Square River Park Landscaping, Community

The complex will have basic amenities such as a management office, a senior center, a daycare center, a small library, and a shared care center.

Additionally, in order to enhance resident satisfaction, various high-end community facilities such as a fitness center, golf practice range, sauna, sky lounge, and guest house are being designed.

Harrington Square River Park Landscaping, Community
Harrington Square River Park Subscription Schedule


The recruitment announcement for residents is scheduled for June 20, 2025. The subscription application schedule will open with special supply on June 30, the first priority on July 1, and the second priority on July 2. The winners will be announced on July 8, and the contract signing will take place over three days from July 21 to 23.

Harrington Square River Park Subscription Schedule



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Frequently Asked Questions (FAQ)

Q. Where is Harrington Square River Park located?
Harrington Square River Park is a modern residential-commercial apartment located in Gyeongan 2 District, Gwangju-si, Gyeonggi-do.

This complex is located in the urban development area of Gyeongan 2 District, Gwangju-si, Gyeonggi-do, at 28-3, Yeokdong. It is close to Gyeongan Stream, where some units can enjoy pleasant waterfront views. Also, Gyeonggi Gwangju Station on the Gyeonggang Line is about 1.5 km away, providing excellent access to major business areas like Pangyo and Gangnam.

Q. How is the Harrington Square River Park Apartment complex configured?
It is a large mixed-use complex consisting of 4 buildings with 5 underground floors and 39 above-ground floors, totaling 818 units.

Harrington Square River Park, spanning an area of 31,902㎡, is the tallest 39-story landmark apartment in Gwangju, consisting of 4 buildings. Of the total 818 units, 817 units are available for general sale, offering various types and configurations from 59㎡ to 161㎡ to meet diverse demands.

Q. How is the sale price determined?
Sale prices range from approximately 500 million to 590 million for 59㎡, 660 million to 790 million for 84㎡, and 780 million to 890 million for 96㎡.

The sale price is set differently for each type. The 59㎡ type is offered between 500 million 610 thousand and 589 million 700 thousand Korean Won, the 84㎡ type ranges from 663 million 900 thousand to 792 million 800 thousand Korean Won, and for the 96㎡ type, the price is set between 783 million 400 thousand to 897 million 100 thousand Korean Won. The larger units, 150㎡ and 161㎡, will sell for 1 billion 70 million and 1 billion 850 million Korean Won respectively. A down payment of 10% is required, with the first down payment fixed at 10 million Korean Won.

Q. What are the intermediate payment and payment method?
An intermediate payment of 60% can be made through deferred interest payment, reducing initial burden.

The intermediate payment is set at 60% of the sale price and will be processed with a deferred interest payment option. This condition is advantageous for reducing initial financial burdens and assists buyers in financial planning. A down payment of 10% is required upon contract signing followed by settling the remaining balance within 30 days.

Q. How are the transportation and living infrastructure of Harrington Square River Park?
It is adjacent to Gyeonggi Gwangju Station, with well-established amenities such as E-Mart, CGV, and Gwangju Comprehensive Bus Terminal.

This apartment is approximately 1.5 km from Gyeonggi Gwangju Station on the Gyeonggang Line, providing easy access to major business districts like Pangyo and Gangnam. The living infrastructure is excellent with conveniences such as E-Mart, CGV, and Gwangju Comprehensive Bus Terminal nearby. Additionally, educational institutions like Gwangju Elementary and Gwangju Middle Schools are in close proximity, offering a good education environment for children. However, it takes more than 20 minutes on foot to reach Gyeonggi Gwangju Station, indicating that additional time may be needed for public transportation connections.

Q. How is parking and amenity configuration within the complex?
There are a total of 1,352 parking spaces and various community facilities such as fitness centers, golf practice range, and sauna.

The parking includes 1,139 spaces for apartments, 47 for neighborhood living, 74 for retail, and 92 for office spaces, totaling 1,352 spaces. An average of 1.39 parking spaces is available per household. The complex will also have a management office, senior center, daycare center, small library, and a shared care center as basic amenities, along with luxury community facilities like fitness centers, golf practice ranges, saunas, sky lounges, and guesthouses to enhance resident satisfaction.

Q. What extension costs and additional options are available?
Balcony extension costs range from 5.62 million to 15.31 million depending on the type, with additional options like system air conditioning and built-in refrigerators available for extra cost.

Balcony extension costs start from 5 million 620 thousand Korean Won for the 59A type and go up to 15 million 310 thousand Korean Won for the 161 type. For additional options, system air conditioning is offered between 3 million 740 thousand to 7 million 260 thousand Korean Won, built-in refrigerator packages range from 5 million 830 thousand to 8 million 250 thousand, dishwashers are priced at 1 million 100 thousand, lighting upgrades range from 5 million 280 thousand to 8 million 140 thousand, and kitchen upgrades range from 7 million 150 thousand to 11 million 990 thousand Korean Won, requiring careful consideration to fit the budget.

Q. What is the subscription and contract schedule for Harrington Square River Park?
The residents' recruitment announcement is set for June 20, 2025, with subscriptions starting from June 30 and contracts on July 21.

Subscription applications will be open with special supplies on June 30, first priority on July 1, and second priority on July 2. The winners will be announced on July 8, and contracts will be signed over three days from July 21 to 23. Preparations should be made to align with this schedule, ensuring the down payment and deferred interest conditions are ready as well.

Q. What are the advantages and disadvantages of Harrington Square River Park?
It is the tallest landmark in Gwangju with excellent location, while the high sale price and some transportation inconveniences are considered disadvantages.

Harrington Square River Park is the tallest 39-story landmark apartment in Gwangju, offering views of Gyeongan Stream and rich living infrastructures as its strengths. The transportation potential is also high due to the planned Suseo-Gwangju double-line railway and GTX-D line. However, the high sale prices compared to surrounding market rates, the 20-minute walk to Gyeonggi Gwangju Station, and some smaller room sizes without pantries in certain units require careful judgment.


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