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REMAX.
Listed on NASDAQ (REAX),
the global No.1 real estate brand in 120+ countries
REMAX stays with you for what comes next.
Founded in 1973, REMAX merged with proptech company Real Brokerage in August 2026 to form Real REMAX Group Inc., listed on the NASDAQ (REAX) in the United States.
The sale is only the beginning. REMAX stays with you for what comes next.
Since 2013, REMAX Korea has grown to 40+ franchise offices and 400+ licensed real estate agents nationwide. Backed by a strong global network and an advanced brokerage system, we provide trusted, systematic real estate services tailored to each client.
We did not create anything new here. We filled the one remaining lot in a neighborhood that was already complete. The courts district, the Seoul Arts Center, Seoripul Park, the academy district, department stores, hospitals — everything Seocho has built up over decades is within walking distance, and this is where we placed 124 homes.
Parts of Seocho-gu are designated as Land Transaction Permit Zones. Inside these zones, buying above a certain land area requires approval from the district office before signing, and a residential permit comes with a two-year owner-occupancy requirement. You cannot lease the property, and you cannot plan your financing around a tenant’s deposit.
PH1603 is not subject to this regulation.
You can sign without a permit process, and there is no owner-occupancy requirement. After purchase, you are free to lease the unit on a jeonse (lump-sum deposit) or monthly-rent basis.
A 3-minute walk from Exit 2 of Nambu Bus Terminal Station. Gyodae and Seocho stations on Line 2 are also close by. One stop to Gyodae; two stops to the Express Bus Terminal and Yangjae.
Direct access to the Gyeongbu Expressway via Seocho IC, with Nambusunhwan-ro and Gangnam-daero on either side.
Close to the courts district, the Seoul Arts Center and Seoripul Park. Seoul Seoil Elementary School 370 m, Seoul National University of Education 494 m, Seocho Middle School 822 m. The Seocho and Gyodae academy districts are in the same area.
Seven types from 59㎡ (approx. 18 py) to 127㎡ (approx. 38 py) of exclusive area, including a penthouse (127P), top-floor units (59PA · 59PB) and a duplex (59C). 1 py (pyeong) ≈ 3.3㎡.
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European finishes such as ALTA · FLORIM · KOHLER · BOLON · Airone come as standard.
To reach your home, you walk through an exhibition. We did not turn the lobby into a gallery — we built the homes on top of one. Real works of art hang here and change regularly, alongside concerts and exhibitions. A gallery walked only by 124 households.
The path from the entrance to the elevator is also the viewing route. You see the art every day, and new works arrive with each season.
A space for classical recitals and small performances. In a neighborhood next to the Seoul Arts Center, the building has a stage of its own.
Your apartment is not the only place to welcome guests. No need to tidy the living room.
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PH1603 is sold after construction is complete. As urban-lifestyle housing (dosihyeong saenghwal jutaek), it is exempt from the sale price ceiling and from the owner-occupancy requirement under the Housing Act, and you can apply without a housing subscription account, in line with the developer’s sales notice. Schedules, prices and eligibility are set out in the official sales notice.
The most sought-after size, with a flat-type layout that allows cross-ventilation.
Higher ceilings than a typical apartment make the same floor area feel far more open.
More usable space at no extra cost.
Select top-floor units come with a terrace and a loft.
Some spaces are extra-wide, leaving room for larger vehicles.
Samsung system air conditioning and LG built-in appliances are included as standard.
Buy with no owner-occupancy requirement, and keep the option to lease.
As urban-lifestyle housing, you can choose your building and unit and sign directly, regardless of a housing subscription account.
Commercial space on the lower floors complements the 124 residences.
The project · location · urban-lifestyle housing guide · market trends — regular updates on PH1603.
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Book a visit and a licensed REMAX agent will show you the site and advise you on market pricing and rental planning.