Core R&D hub for SK Hynix,
“prime” office location near two
subway stations
- A landmark property located in the central commercial area of the Bundang area
- High rental and investment demand from major corporations and IT companies
- Excellent access to the GBD, Pangyo, etc. connected via the Shinbundang DX Line

Location | 9 Seongnam-daero 343, Bundang-gu, Seongnam-si | ||
---|---|---|---|
Use approval date | June 27, 2005 | ||
Service area | Central commercial area, district-unit planning zone, venture-company-promotion organizations | Main use | Business facility / condominium building |
Land area | 6,532㎡ (1,976 py) | Total floor area | 86,803㎡ (26,258 py) |
Exclusive use ratio | 55.49% | Size | B6 / 28F |
Master tenant | SK Hynix | ||
Purchase price | KRW 507.2 billion (June 30, 2022) | ||
Estimated value of real estate | KRW 625.5 billion (Mar. 31, 2025, Kyungil Appraisal Corporation) |
Location
Lease status
- Subject Asset U-Tower
- Tenant* SK Hynix
- Lease Term** 5years
- Rent Increase Rate*** Linked with CPI-increase rate for Gyonggi-do for previous year
- Lease Deposit 10-months’ monthly rent
- Management cost payment**** Triple Net
-
*100% Master Lease
**Extension available upon tenant’s request (+5 years)
***While being linked with CPI-increase rate for previous year, with the threshold of 1.5% and cap of 5.0%
****Management cost Triple Net: Tenant bears maintenance costs, insurance premiums, and taxes and public imposts
About
Tenants
A Global Top-Tier Company Contributing to Humanity and Society Through Technology
‘SK Hynix is the world’ s second-largest company in the DRAM and NAND semiconductor sectors, recording consolidated sales of KRW 66.2 trillion in 2024. Through its global tech leadership, SK Hynix strives to become a leading solution provider in the global ICT ecosystem, delivering greater value to stakeholders, including customers, partners, investors, local communities, and employees.
- Total assets KRW 119.9 trillion
- Sales KRW 66.2 trillion
- Operating income KRW 23.5 trillion
- Credit Rating AA
(As of December 31, 2024, on a consolidated basis)