Apartment in the 300 Million Range in the Seoul Metropolitan Area... 'Hillstate Pyeongtaek Hwayang' for Sale

- Continuous Rise in Sale Prices... Increasing Difficulty in Buying Homes in the Metropolitan Area
- 'Hillstate Pyeongtaek Hwayang' Attracts Growing Interest with Reasonable Prices Starting from 300 Million KRW

Amid the continuous rise in sale prices, complexes from 'big brands' that allow home purchases in the 300 million KRW range are gaining attention. One such complex currently being supplied in Pyeongtaek, Gyeonggi Province, is 'Hillstate Pyeongtaek Hwayang.'

Recently, a positive breeze is blowing through the apartment market. This momentum began in earnest with the government's '1.3 Measures' announced earlier this year. According to data from the Korea Real Estate Board, the number of apartment sales transactions in the metropolitan area in the first quarter (January to March) of this year totaled 34,441, a remarkable 53.15% increase compared to the previous year. Gyeonggi Province, which had the highest number of transactions, accounted for about 63.61% of the total metropolitan transactions with 21,909 cases, an increase of 6,540 compared to the previous year.

The previously paused upward trend in sale prices has resumed. Especially in the metropolitan area, prices far exceeded the national average. According to HUG (Housing and Urban Guarantee Corporation), the sale price per square meter in the metropolitan area in April was about 6,684,000 KRW, while the national average for the same month was approximately 4,429,000 KRW. Simple arithmetic shows that metropolitan area sale prices were about 50.91% higher than the national average.

This atmosphere can also be seen in Pyeongtaek City, which has recently become 'hot' due to the semiconductor cluster and other developments. Among the complexes supplied in Pyeongtaek this year, the highest sale price for an 84㎡ unit was 495.77 million KRW, which is about 70 million KRW higher than the previous complex's 427.9 million KRW.

'Hillstate Pyeongtaek Hwayang' attracts attention with sale prices starting in the 300 million KRW range. It offers buyers the opportunity to own a home in the metropolitan area within this price range. The 72㎡ and 76㎡ units are priced in the 300 million KRW range across all floors, and the 'Gukpyeong (National Standard Size)' 84㎡ units start from the high 300 million KRW range. Despite rising material costs pushing prices up, it is possible to enter the metropolitan market at this price point.

Expectations for price increases are also high. For example, the 84㎡ units of 'Pyeongtaek Songdam Hillstate,' supplied in 2014, had a maximum sale price of 277 million KRW, but were traded at 610 million KRW in May last year, more than doubling in value. Although prices vary by floor, the current asking price reaches up to 620 million KRW.

A sales representative stated, "Currently, it is not easy to secure a newly built apartment in the metropolitan area for around 300 million KRW. If you are looking for an opportunity to own a first-tier brand apartment in the metropolitan area at a reasonable sale price, 'Hillstate Pyeongtaek Hwayang' is worth considering. Especially, the 'Hillstate' brand has already proven its brand premium in the Seo Pyeongtaek area."

Located in Block 5BL of the Hwayang District in Pyeongtaek, Gyeonggi Province, 'Hillstate Pyeongtaek Hwayang' has begun preemptive unit and building selection contracts and is progressing smoothly. It is the largest single block complex in the Hwayang District and the first 'Hillstate' brand apartment there. This preemptive contract allows anyone aged 19 or older to immediately select and contract their desired unit regardless of residence area, home ownership status, or subscription savings account possession.

The complex will be built with 14 buildings ranging from 2 basement floors to 31 floors above ground, totaling 1,571 households. The units are divided by exclusive area as follows: ▲72㎡ 149 units ▲76㎡ 76 units ▲84㎡A 929 units ▲84㎡B 315 units ▲84㎡C 102 units. Move-in is scheduled for March 2026.

'Hillstate Pyeongtaek Hwayang' boasts outstanding residential conditions even within the Hwayang District. More than 40% of the site area (about 9,000 pyeong) is allocated to landscaping, including a central park of approximately 1,700 pyeong featuring various tree species, an ecological pond, and walking trails within the complex. Additionally, a neighborhood park of about 4,270 pyeong is adjacent to the east side of the complex.

The complex will feature a 'big scale' community facility of about 1,100 pyeong in the center. Due to its large size, the facilities will be diverse, catering to residents' various life cycles. In addition to sports facilities, hobby activity spaces and child-friendly facilities are planned. To support the increasingly important 'work-life balance,' a golf practice range, G.X rooms, and large fitness facilities will be introduced to help residents maintain health and relieve stress.

Moreover, rare amenities for an apartment such as a music practice room and AV room will be provided, along with a daycare center, a community care center, a library, and a senior citizens' center. A mom & kids cafe, where families can enjoy quality time together, will also be established, attracting significant interest from buyers. Ample parking spaces are planned to prevent parking shortages.

The contract terms include a fixed deposit of 10 million KRW (first payment), 60% of the intermediate payment interest-free, and 30% for the balance. Particularly, the fixed deposit and interest-free intermediate payment demonstrate efforts to minimize the financial burden on buyers.

Preemptive unit and building selection contracts are available at the Hillstate Pyeongtaek Hwayang model house.

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