Opportunities, Trends, and Positioning Highlighted: 'Hillstate Yangju Okjeong Patio Foret' Gains Attention Amid Rising Raw Material Prices

- Consumers Need Careful Home Buying Strategies... Securing Excellent Locations and Products
- GTX, Line 7 Extension Boosts Yangju Okjeong... Attractive Future Value Location, Specialized Design Housing Draws Attention

The prices of raw materials such as cement and rebar, which are the main ingredients for housing construction, are rising one after another, and the burden of purchasing new homes is expected to increase in the future.

According to the Korea Mineral Resources Corporation's Korea Resource Information Service, the price per ton of bituminous coal, the main raw material used for cement, soared to $250.55 in the first quarter, about three times higher than $85.96 in the same period last year. As a result, Ssangyong C&E, a specialized cement manufacturing company, decided to supply cement at 90,800 KRW per ton, a 15.2% increase from the previous price of 78,800 KRW per ton.

The price of rebar also rose from around 700,000 KRW per ton in April last year to over 1,100,000 KRW recently.

Due to these raw material price increases, it is expected to be difficult to supply housing at previous price levels. Consequently, the prices of newly built homes are likely to rise, and existing home prices may also increase simultaneously. Therefore, consumers preparing to purchase their own homes need to adopt careful strategies.

Real Estate Info Research Team Leader Kwon Il said, “Due to deteriorating profitability, housing supply is likely to slow down, which will increase the value of newly built homes. Especially as the increase in raw material costs is reflected in the supply price, the pre-sale prices will be higher than before, increasing the burden on buyers. Therefore, buyers should strategically consider factors such as product quality, location, and future value when purchasing homes.”

Home Purchase Strategy... Focus on Transportation Benefits

Yangju City, considered a major market in the northern Gyeonggi real estate market, showed noticeable changes last year.

According to Real Estate R114, the average sale price, which was around 9 million KRW in January last year, entered the 11 million KRW range in July. In fact, apartment prices in Yangju City rose about 50% compared to 2020, making it one of the steepest increases in the Gyeonggi region along with Dongducheon.

This rise is analyzed to have been greatly influenced by transportation benefits.

First, with the groundbreaking of the extension of Seoul Subway Line 7 connecting Dobongsan Station to Okjeong Station, it will soon be possible to travel quickly from Yangju New Town to Gangnam, Seoul without transfers, attracting buyers’ attention to Yangju City.

The GTX-C line also draws interest. The GTX-C line, which runs from Yangju through Samsung-dong in Gangnam-gu, Seoul, to Suwon, drastically reduces travel time, making it a significant positive factor for housing price increases in Yangju City.

Home Purchase Strategy... Focus on Residential Products Reflecting the Latest Trends

Recently, the housing market has seen increased interest in more comfortable environments due to COVID-19. Even with the same floor plans, homes with higher space utilization are gaining attention. Additionally, as social issues related to noise between floors have emerged, residential products that provide private spaces are becoming popular.

A representative example is block-type detached houses. These combine the advantages of apartments such as joint management and community facilities with the benefits of detached houses, including less noise between floors and greater privacy.

Block-type detached houses feature specialized designs such as private gardens, attics, and courtyards, which are not seen in conventional apartments, making them ideal for the latest residential trends seeking country-style living.

Hillstate Yangju Okjeong Patio Foret, located in the Okjeong district of Yangju New Town, boasts service spaces more than twice as large as those in apartments through specialized designs. This is due to various service spaces such as attics, courtyards, and terraces. Additionally, parking spaces for two vehicles per household attract attention. Electric vehicle charging facilities will also be installed for one vehicle per household.

Moreover, a total area of about 1,600 pyeong (approximately 5,500㎡) will be equipped with 33 diverse community facilities usually found only in large apartment complexes. These include a multipurpose gymnasium, private swimming pool, shared office, children’s sports classes, Pilates equipment, golf club, and fitness center.

Home Purchase Strategy... Focus on Locations with Rich Infrastructure

One important point when choosing block-type detached houses is the surrounding infrastructure.

In the past, detached houses were often located away from city centers, making infrastructure inconvenient. In contrast, block-type detached houses located in areas with easy access to urban infrastructure continue to attract steady interest even after completion.

Hillstate Yangju Okjeong Patio Foret is surrounded by forest areas such as Dokbawi Park and Seondol Park, close to elementary, middle, and high schools, and within 800 meters of the infrastructure of Yangju New Town Okjeong district, making it a walkable location.

Especially, with the planned Okjeong Jungang Station extension of Line 7 (scheduled for 2028), the complex will become a station-area community, greatly improving access to Gangnam, Seoul, and securing an excellent location. It is expected to continue attracting buyers as a rare “urban block-type detached house” in Yangju New Town and surrounding areas.

Hillstate Yangju Okjeong Patio Foret plans to hold a Summer Festival at the model house in July, the rainy season, featuring spaces where children can participate and offering gifts. Various weekly events and flea markets linked with local cafes are also planned, attracting many visitors.