'Sokcho Sales Market Buzzes' with Clear Underlying Demand and Scarcity Value at 'Hillstate Sokcho Central Neighborhood Shopping Center'

As real estate regulations focus on the housing market and the low interest rate trend continues, interest in income-generating real estate is increasing. In particular, the transaction volume of commercial and office real estate, which has relatively low entry barriers, has significantly increased. This is analyzed to be because, compared to large-scale properties, it requires relatively lower investment costs, resulting in lower risk while offering higher returns.

Hillstate Sokcho Central, the first to be sold in Sokcho with added Hillstate premium, has proven its brand value by winning the '2019 Dr. Apartment Survey Brand Power No.1' and 'Apartment Brand Reputation No.1 (for 18 consecutive months)'. Attention is now focused on the announcement of the sale of the ‘Hillstate Sokcho Central Neighborhood Commercial Area,’ which has a clearly secured hinterland demand.

The biggest feature of Hillstate Sokcho Central Neighborhood Commercial Area lies in Hillstate’s differentiated design. By designing higher ceiling heights in some units, it provides a spacious and open feeling. Additionally, optimized ventilation facilities have been installed in response to the increased demand for comfortable spaces due to issues such as COVID-19. Parking spaces have been secured for customers using the commercial area to enhance convenience.

The MD composition is also distinctive. Based on three core keywords?diversity, customer attraction, and differentiation? the first floor (15 units) is centered on similar industries such as F&B (domestic famous franchises), convenience stores, and lifestyle convenience facilities; the second floor (10 units) consists of academies, pet supplies, and beauty shops; and the third floor (7 units) will be filled with clinics, women’s beauty, and skin care centers.

Especially, abundant fixed demand is secured near Hillstate Sokcho Central Neighborhood Commercial Area. It is located near Sokcho City Hall and clusters of administrative and financial institutions, and is connected to the commercial districts of Sokcho Tourist Fishery Market and Rodeo Street, allowing it to enjoy an excellent location environment in the heart of Sokcho’s commercial area.

The transportation environment is also expected to increase demand and investment value. The commercial area is close to Sokcho Intercity Bus Terminal, and excellent wide-area transportation networks are anticipated with the KTX and the planned Donghae Northern Line.

A sales representative explained, "Hillstate Sokcho Central has already completed the sale of 394 apartment and officetel units. Amid this, Hillstate Sokcho Central Neighborhood Commercial Area, which holds the rare value of being a ‘premium brand commercial facility,’ is rapidly emerging in the Sokcho sales market with its outstanding brand value, Hillstate’s specialized design, and abundant hinterland demand."

For detailed information and inquiries about the sale of Hillstate Sokcho Central Neighborhood Commercial Area, please visit the sales promotion center located in Sokcho City.