'ePyeonhansesang Ulsan Station Urban Square' with Reasonable Sale Prices Attracts Real Buyers' Interest

Supplied at a reasonable sale price... 60% interest-free benefit on interim payments
Winners announced on the 30th (Tue), official contracts from next month 12th (Mon) to 14th (Wed)

Daelim Construction's ‘e-Pyeonhansesang Ulsan Station Urban Square’ is gaining popularity among actual buyers. This is due to the sharp rise in Ulsan housing prices last year, which made it difficult for real buyers to secure their own homes, combined with the project's economical sale prices.

In fact, despite being a new apartment complex, ‘e-Pyeonhansesang Ulsan Station Urban Square’ is offered at a more reasonable price compared to nearby complexes. According to the resident recruitment announcement for ‘e-Pyeonhansesang Ulsan Station Urban Square,’ the sale price for an 84㎡A unit ranges from 399.74 million to 425.25 million KRW. This is more affordable than nearby complexes such as ‘Ulsan Station New Town Dongmoon Good Morning Hill’ and ‘KTX Ulsan Station Woosung Smart City View.’ In January, 84㎡ units in these two complexes were traded at 470 million KRW (6th floor) and 448 million KRW (6th floor), respectively.

Additionally, ‘e-Pyeonhansesang Ulsan Station Urban Square’ offers the advantage of quick move-in. The complex is scheduled for occupancy in August 2022, allowing buyers to secure their homes the year following the sale. Moreover, a 60% interest-free benefit on the interim payment is provided. Consequently, the resale restriction period is shortened, which is expected to attract high interest from buyers.

During the first-priority subscription on the 23rd (Tuesday), the highest competition rate reached 57 to 1, with all unit types closing at first priority. Payments are structured as 10% deposit, 60% interim payment, and 30% balance. The announcement of successful applicants will be held on the 30th (Tuesday), and official contracts are scheduled for three days from the 12th (Monday) to the 14th (Wednesday) of the following month.

Located in Ulju-gun, Ulsan Metropolitan City, ‘e-Pyeonhansesang Ulsan Station Urban Square’ consists of 10 buildings ranging from two basement floors to 25 above-ground floors, with a total of 934 units in sizes of 59, 74, and 84㎡. Among these, 121 units will be sold to the general public.

‘e-Pyeonhansesang Ulsan Station Urban Square’ is also expected to have a high brand premium. It is the second ‘e-Pyeonhansesang’ brand apartment to be built in five years, following ‘e-Pyeonhansesang Ulsan Onyang’ in 2015. Daelim Construction plans not only to continue the success of ‘e-Pyeonhansesang Ulsan Onyang,’ which recorded a competition rate of up to 7.75 to 1, but also to establish the complex as a regional landmark.

Furthermore, ‘e-Pyeonhansesang Ulsan Station Urban Square’ is composed of a large-scale apartment complex with 934 units of small to medium sizes under 85㎡, attracting strong interest from actual buyers. All units are primarily south-facing to maximize natural light and ventilation. Additionally, some units feature a 4Bay slab-type layout, and various storage spaces such as dressing rooms and kitchen pantries are provided.

A variety of community facilities befitting the e-Pyeonhansesang brand will also be established. These include a fitness center, golf practice range, and residents' meeting facilities within the complex. Especially for families with children, a playground and a small library (lounge caf?) will be available. Other amenities include a grass plaza, rest parks, and residents' exercise facilities.

The location is excellent. ‘e-Pyeonhansesang Ulsan Station Urban Square’ is a station-area complex within walking distance of KTX Ulsan Station. Through KTX Ulsan Station, it takes about one hour to reach KTX Daejeon Station and about two hours to KTX Seoul Station. The complex is also notable for its riverside location along the Taehwa River, offering river views. Additionally, the nearby Eonyang Cultural Park is planned to be developed, promising a pleasant residential environment.

The educational environment is also favorable. Eonyang High School and Ulju Library are located in front of and behind the complex. Within a 3km radius, school districts include Eonyang Elementary and Middle Schools, Sin Eon Middle School, and Yeonghwa Elementary School. Convenience facilities such as hospitals, banks, and marts are concentrated around Ulju Eonyang Eupseong near the complex, making daily life convenient.

There are also development prospects. The biggest advantage is the KTX Ulsan Station area complex specialized development project. In January, Ulsan City announced the full-scale promotion of the KTX Ulsan Station complex specialized development project. This project is a Ulsan-type New Deal project investing 905 billion KRW to build a new town with industrial, research, education, and residential functions on approximately 1.53 million square meters in the KTX Ulsan Station area, capable of housing about 10,000 households. Ulsan City expects that upon completion, the development will generate about 1.8 trillion KRW in production inducement effects.

The housing exhibition hall for ‘e-Pyeonhansesang Ulsan Station Urban Square’ is located in Ulju-gun, Ulsan Metropolitan City.

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