‘e-Pyeonhansesang Ulsan Station Urban Square’ Overlooking Taehwagang River... Attracting Attention from Buyers

- Complex with natural scenic views... Premium reaches 'hundreds of millions' amid high subscription competition rates
- 'ePyeonhansesang Ulsan Station Urban Square' securing Taehwagang River to be offered in March

e-Pyeonhansesang Ulsan Station Urban Square

As the Year of the Ox begins, the popularity of housing complexes offering views of nature such as mountains, parks, and the sea is expected to continue.

These complexes are highly preferred as residents can enjoy beautiful natural scenery from inside their homes while also experiencing a comfortable living environment. Additionally, the high demand compared to the supply contributes to their premium value and popularity.

In fact, complexes with secured natural views are very popular. For example, last year, the 'Ulsan Jiwell City Xi' in Dong-gu, Ulsan, attracted 15,681 applications in the first priority subscription. Some units in this complex offer views of Yeompo Mountain and the East Sea.

Moreover, complexes with natural views tend to have higher premiums. According to the Ministry of Land, Infrastructure and Transport's real transaction price disclosure system, an 84㎡ unit in ‘KTX Ulsan Station Woosung Smart City View’ located in Ulju-gun, Ulsan, was traded for 448 million KRW (6th floor) in January. This complex, which secures views of the Taehwa River, saw a premium increase of over 100 million KRW compared to the 340 million KRW transaction (11th floor) in the same month last year.

In the first half of this year’s housing market, apartments with natural views are also expected to attract significant interest from buyers.

Daelim Construction plans to launch ‘e-Pyeonhansesang Ulsan Station Urban Square’ in March. Located in Ulju-gun, Ulsan Metropolitan City, ‘e-Pyeonhansesang Ulsan Station Urban Square’ consists of 10 buildings ranging from 2 basement floors to 25 floors above ground, with a total of 934 units in sizes of 59, 74, and 84㎡. Among these, 121 units will be offered to the general public. The total number of units by size is △59㎡ 313 units, △74㎡ 254 units, and △84㎡ 367 units.

‘e-Pyeonhansesang Ulsan Station Urban Square’ is attracting attention as a complex located along the Taehwa River, offering river views. Nearby, the Eonyang Cultural Park is planned, promising a pleasant residential environment. As a comfortable living environment is emerging as a new trend and an important factor in housing choices among young real buyers raised in urban areas, ‘e-Pyeonhansesang Ulsan Station Urban Square’ is expected to be the most reasonable answer to this demand.

This complex also offers convenient transportation. ‘e-Pyeonhansesang Ulsan Station Urban Square’ is a station-area complex within walking distance of KTX Ulsan Station, providing access to KTX Daejeon Station within about an hour and KTX Seoul Station within two hours. By car, residents can quickly reach outer areas via Seoul San IC, Gyeongbu Expressway, and Hamyang-Ulsan Expressway.

The educational environment is also favorable. Eonyang High School and Ulju Library are located in front of and behind the complex. Within a 3 km radius, there are school districts including Samnam Elementary, Eonyang Elementary and Middle, Sin Eon Middle, and Yeonghwa Elementary. Around Ulju Eonyang-eupseong near the complex, convenience facilities such as hospitals, banks, and marts are concentrated, making daily life convenient.

The complex is composed of small to medium-sized units under 85㎡ and a large-scale apartment complex with 934 units, which is expected to attract strong interest from real buyers. All units are primarily south-facing to maximize sunlight and ventilation. Additionally, some units feature a 4Bay slab-type layout, and various storage spaces such as dressing rooms and alpha rooms are provided.

Various community facilities befitting the e-Pyeonhansesang brand will also be established. The complex will include a fitness center, golf practice range, and residents’ meeting facilities. Especially for families with children, a playground and a small library (lounge caf?) will be provided. Other amenities include a lawn plaza, rest park, and residents’ exercise facilities.

Furthermore, to the north of the complex, the Songdae District urban development project covering approximately 430,000㎡ is underway. Nearby facilities such as the Ulsan Exhibition Convention Center (scheduled for 2021), Western Fire Station (scheduled for December 2022), and Ulju Comprehensive Sports Park (scheduled for 2022) will be established, further improving living conditions in the future.

Another advantage is the quick move-in schedule. ‘e-Pyeonhansesang Ulsan Station Urban Square’ is expected to be ready for occupancy in August 2022, allowing buyers to settle into their new homes within the year after purchase. Consequently, the resale restriction period is shortened, which is anticipated to attract high interest from buyers.

‘e-Pyeonhansesang Ulsan Station Urban Square’ is scheduled for sale in March. The housing exhibition center will be located in Ulju-gun, Ulsan Metropolitan City.

This content was produced with the assistance of AI translation services.