Actor Noh Ju-hyeon uses a luxury silver town in Magok as a second house
Actor Noh Ju-hyeon is using a premium silver town in Magok, Seoul, as a second home. We examine the current status of supply and demand for urban silver towns with deposits in the 1.4 billion won range and monthly costs around 4 million won.
Magok Premium Silver Town: The Retreat of Actor Noh Ju-hyeon
Actor Noh Ju-hyeon is using a luxury silver town located in Magok, Seoul, as his second home. In a video from the YouTube channel 'Real Actresses,' when fellow actors such as Kim Young-ran, Lee Kyung-jin, and Ahn So-young visited the facility, a staff member stated, "Mr. Noh Ju-hyeon also stays in a unit type similar to the one you just saw," revealing that he uses the place as a second home rather than a permanent residence.
Hotel-grade Facilities and Triple Subway Station Accessibility
The facility chosen by Noh Ju-hyeon is highly accessible, located in a triple station area where Subway Lines 5 and 9 intersect with the Airport Railroad. The building houses large supermarkets and brand stores, and offers various leisure environments for residents through hotel-grade community facilities, including a sauna, gym, golf driving range, cinema, and karaoke room.
The financial conditions involve a deposit ranging from approximately 1.45 billion KRW to 1.49 billion KRW, with monthly fees between 3.5 million KRW and 4.25 million KRW. Regardless of whether residents choose to eat on-site, a certain amount of meal fees must be paid mandatorily, and the maintenance fees for common facilities and management costs account for a significant portion of the monthly living expenses.
Waiting Lists for Senior Residences Due to Supply Shortage
Demand for urban luxury silver towns is extremely high. Recently, 'VL Le West' introduced by Lotte Engineering & Construction recorded a peak competition rate of 205 to 1. As the population approaches a super-aged society, there is a clear trend among seniors who value economic independence and quality of life to seek facilities that combine healthcare, dining, and leisure.
On the other hand, supply is failing to keep up with demand. As of 2020, there were only 38 silver towns nationwide, capable of accommodating only 10,000 households out of the population aged 60 and older. Consequently, for popular urban silver towns, situations arise where people must wait two to five years to move in.
High-end Housing Trends Centered on Wealthy Individuals
The structure of silver towns requires residents to bear the full cost of living without government support. Due to the high deposits and recurring monthly fixed costs, they primarily target seniors with significant economic assets. Like Noh Ju-hyeon, who is known to own a large mansion in Anseong, Gyeonggi-do, premium silver towns are establishing themselves as a new residential model for the wealthy class who desire both urban convenience and health management.








