House Prices Rise Mainly in New Complexes in Dujeong-dong, Cheonan... Spotlight on 'Hillstate Dujeong Station'

On January 25th, the government announced plans to expand and establish new GTX lines, causing the real estate market near the planned stations to stir.

In particular, in Cheonan City, where the extension of Line C is planned, housing prices are rising around the Dujung-dong area, centered on newly built complexes. It is reported that six local governments, including Cheonan and Asan, have recently begun a joint feasibility verification process for the GTX-C extension line.

According to the Ministry of Land, Infrastructure and Transport's actual transaction data, an 84㎡ unit in 'Forena Cheonan Dujung,' which moved in March 2022 near Dujung Station in Cheonan, Chungnam, was traded for 525 million KRW on January 28th, after the GTX announcement. This is an increase of 25 million KRW in just three months compared to the previous transaction price of 500 million KRW in October 2023, and the transaction price was close to the highest price of 528 million KRW. In the same month, an 84㎡ unit in the nearby 'Dujung Station Hyosung Harrington Place' (moved in April 2020) was traded for 510 million KRW, rising by several tens of millions of KRW compared to the mid-to-high 400 million KRW range since the second half of last year.

A real estate official near Dujung Station said, "The transaction was made immediately as a royal unit on a royal floor was listed," adding, "Due to the characteristics of the Cheonan area, the occupancy rate is high immediately after purchase, so most of the properties exposed for a long time are already occupied by tenants. Therefore, the actual available properties confirmed during visits to real estate agencies are significantly fewer than those seen online. Especially, with the recent confirmation of the GTX-C line extension to Cheonan, the available properties are rapidly decreasing, and inquiries from buyers have surged significantly."

The rising housing prices in the Dujung-dong area seem to be influenced by the continuous supply of new apartments following the GTX announcement, transforming the area into a new residential town representing Cheonan in the future. Dujung Station is only one stop away from Cheonan Station, where the GTX-C line is planned, allowing for direct benefits. Within a 1km radius of Dujung Station, approximately 40 complexes with about 20,000 households, including existing and planned complexes, are expected to form a mini new town-scale residential area.

Moreover, Cheonan City, where Dujung Station is located, has several development projects planned, including not only GTX but also the Dangjin-Cheonan Expressway (planned), Cheonan-Cheongju Airport double-track railway (planned), Cheonan Station area innovation district urban regeneration project (planned), and Cheonan Green Startup Town (planned). Additionally, industrial projects such as the Northern BIT General Industrial Complex (scheduled for 2024) and the Future Mobility National Industrial Complex (scheduled for 2028) are underway, which are expected to further increase the area's value.

Meanwhile, a landmark brand apartment representing the Dujung-dong area is set to be launched in February, attracting attention.

The project is 'Hillstate Dujung Station,' constructed by Hyundai Construction in the Dujung-dong area.

Hillstate Dujung Station will be developed with 11 buildings ranging from 2 basement floors to 29 above-ground floors, totaling 997 households with exclusive areas ranging from 84㎡ to 170㎡. The main focus is on the highly preferred 84㎡ units, while 30 penthouse units ranging from 148㎡ to 170㎡ will be introduced for the first time in the Dujung-dong area. These penthouses feature a duplex structure on the top floors, expected to be highly favored by those seeking larger and differentiated spaces and a high-end lifestyle.

The complex is within walking distance of Dujung Station on Line 1. Notably, Hope Elementary School is located right in front of the complex, allowing elementary students to commute safely without crossing crosswalks. The area boasts an excellent educational environment with prestigious schools nearby, including Bukil High School (autonomous private high school), Bukil Girls' High School, and Dankook University.

Various living infrastructures are concentrated nearby. Facilities such as E-Mart, Shinsegae Department Store, CGV, Megabox, and Dankook University Hospital, as well as natural and leisure environments like Cheonhoji Lake, Cheonan Stream, and Cheonan Soccer Center, are all conveniently accessible.

In addition to excellent location conditions, the complex offers various community facilities to provide residents with superior living conditions. These include a resort-style forest caf? (tea house), waterside playground, botanic garden, golf practice range, putting green, H-i-Sup, Hill's Lounge, guest house, and other landscaping and community facilities suitable for a scale of about 1,000 households.

Meanwhile, the model house for Hillstate Dujung Station will be located in the Dujung-dong area of Seobuk-gu, Cheonan City. Move-in is scheduled for March 2025.

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