‘Hillstate Monteroie’ Special Supply Subscription Today

Hyundai Construction is conducting special supply subscription applications today for ‘Hillstate Monteroi,’ located in Wangsalli, Mohyeon-eup, Cheoin-gu, Yongin-si, Gyeonggi-do. The complex consists of a total of 3 blocks, ranging from 4 basement floors to a maximum of 29 floors above ground, with 40 buildings and exclusive areas ranging from 59 to 185㎡. It will be developed with 1,043 households in Block 1, 1,318 households in Block 2, and 1,370 households in Block 3, totaling 3,731 households.

The complex is reasonably priced, with units of 84㎡ exclusive area available for sale in the low 500 million KRW range, even including balcony expansion costs. According to the Ministry of Land, Infrastructure and Transport’s actual transaction price data, the 84㎡ unit of ‘Yongin Yeokbuk District Umirin Central Park (moved in April 2015)’ in Cheoin-gu, Yongin-si, was traded at 715 million KRW in December last year, making this new complex about 200 million KRW cheaper.

This price is even lower than the rent prices of apartments in Gwangju-si, Gyeonggi-do, which share the same living area. For example, the 84㎡ rental unit of ‘e-Pyeonhansesang Gwangju Station Complex 2 (moved in November 2016)’ in Gwangju-si was traded at 680 million KRW in December last year, and the same size rental unit of ‘Hillstate Taejeon 2nd Edufore Complex 10 (moved in August 2019)’ was traded at 530 million KRW during the same period, meaning that one can secure a new apartment at a rental price.

In particular, the loan repayment date for the interim payment is scheduled after the resale is allowed, and through ‘safe resale,’ resale is possible before the interim payment is made, enhancing investment stability.

Another advantage is that buyers can enjoy the ‘Hillstate’ brand premium at a reasonable sale price. The complex will feature a large-scale luxury community spanning over 3,000 pyeong across the three blocks. Each block will include rare indoor driving range golf facilities not commonly seen in other complexes, as well as a fitness center, indoor golf practice range, sauna, H-i-Sup (indoor children’s playground), imagination library, private office, and guest house.

The complex is designed as a park-like community, offering views of the neighborhood park and Saegolsan Mountain (from some units). The layout is mainly south-facing, providing excellent lighting and sunlight rights. All unit types include pantries, offering ample storage space.

Regarding the subscription schedule, special supply applications start on Thursday, February 3, followed by first-priority applications for the relevant and other areas on Friday, February 4, and second-priority applications on Monday, February 7. The announcement of winners varies by block: Block 2 on Monday, February 14; Block 1 on Tuesday, February 15; and Block 3 on Wednesday, February 16, allowing for overlapping applications. The official contract period runs for 14 days from Thursday, March 10 to Wednesday, March 23.

Meanwhile, the Hillstate Monteroi model house is currently open for viewing.

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