10,000 Visit Hyundai E&C's "Hillsstate Yangsan The Sky" Model House, Raising Expectations for Subscription Success

Special Supply on Monday, June 22; First-Priority Applications on Tuesday, June 23; Second-Priority Applications on Wednesday, June 24
5% Down Payment (First Installment: Flat Rate of 5 Million Won), Interest-Free Bridge Loan Eases Initial Financial Burden

Hillsstate Yangsan The Sky Model House Exterior View

Hyundai Engineering & Construction has further heightened the successful subscription momentum for "Hillsstate Yangsan The Sky," drawing approximately 10,000 visitors to its model house located in Mulgeum-eup, Yangsan-si, Gyeongsangnam-do, over the three-day period following its opening, including the weekend. Leveraging its excellent location advantages and the distinctive, specialized design exclusive to Hillsstate, the project attracted a diverse range of prospective buyers, from families and newlyweds to middle-aged and older customers.

At the site, there was strong interest in both the location and the product features offered in the Mulgeum-eup residential area. In particular, visitors responded positively to the proximity of the Yangsan Municipal Central Library and Yangsan Central Sports Center, which are located right next to the complex, as well as the easy access to local amenities such as Yangsan Design Park and Yangsan Pusan National University Hospital, providing robust lifestyle, cultural, and medical infrastructure. Consultations also covered the residential unit features, including the 4-Bay plate-type layout (excluding penthouses), high ceilings of 2.4 meters (2.5 meters including the tray ceiling), living room glass balustrades (excluding the master bedroom), and specialized storage spaces.

About 10,000 prospective buyers visited the Hillsstate Yangsan The Sky model house during the first three days after its opening.

"Hillsstate Yangsan The Sky" consists of two complexes with a total of 598 units. The first complex spans four basement floors to 20 above-ground floors, comprises four buildings, and offers exclusive areas of 68, 84, and 159 square meters, totaling 299 units. The second complex has three basement floors to 20 above-ground floors, also with four buildings, and provides exclusive areas of 84 and 159 square meters, for another 299 units. Approximately 88% of all units are the highly favored 84-square-meter type, which is expected to generate strong interest among real homebuyers.

The subscription process is scheduled to begin with special supply on Monday, June 22, followed by the first-priority application on Tuesday, June 23, and the second-priority application on Wednesday, June 24. The announcement of successful applicants will be made for the first complex on Tuesday, June 30, and for the second complex on Wednesday, July 1. Contract signing will be held over three days, from Monday, July 13, to Wednesday, July 15.

For first-priority applications, all household heads and members aged 19 or older are eligible. Applicants must have held a subscription savings account for at least six months and meet the minimum deposit requirement based on region and unit size. Both homeowners and non-homeowners can apply, regardless of current home ownership status. Since the announcement dates for the two complexes are different, applicants can apply for both simultaneously, increasing their chances of winning. There are also no restrictions on winning multiple times. However, households where a member has won through the points-based system within the past two years may only apply through the lottery system.

The minimum deposit requirement for the subscription savings account is 2 million won for the 68-square-meter and 84-square-meter units for residents of Yangsan-si and Gyeongsangnam-do, 3 million won for Busan Metropolitan City, and 2.5 million won for Ulsan Metropolitan City. For the 159-square-meter units, the requirements are 5 million won for residents of Yangsan-si and Gyeongsangnam-do, 15 million won for Busan Metropolitan City, and 10 million won for Ulsan Metropolitan City.

The contract terms are also drawing attention from prospective buyers. "Hillsstate Yangsan The Sky" applies a 5% down payment, with the first installment set at a flat rate of 5 million won. An interest-free bridge loan for the intermediate payment is also offered, reducing the initial financial burden. Additionally, since Yangsan-si is a non-regulated area, there are no restrictions on the resale of contracts.

With the selling prices of new apartments continuing to rise due to factors such as the increasing cost of raw materials, the minimized initial capital requirement and the interest-free bridge loan offered by this complex serve as key competitive advantages, significantly lowering the entry barrier for real buyers. Combined with the brand premium of Hyundai Engineering & Construction, one of Korea's leading construction companies, it is expected to emerge as a new landmark setting the standard for the local market.

A sales representative stated, "We confirmed strong demand for the location and product features of Hillsstate Yangsan The Sky, with approximately 10,000 people visiting the model house over the first three days," adding, "With Hyundai Engineering & Construction's differentiated design and technology, such as the H Silent Home System, My Hills App, and H-iForest, we expect excellent results in the subscription process as well."

The model house is located in Mulgeum-eup, Yangsan-si, Gyeongsangnam-do.

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