Complexes with waterfront views are continuing their upward trend, being called "profitable views." In particular, the perception that waterfront views equate to a premium has increased, leading to transactions within the same area ranging from several tens of millions to several hundred million KRW.
Amid this, in the Busan Centum area, "Hillstate Centum The First," which offers not only the dazzling night view of Centum City but also views of the Suyeong River (except for some units), has entered its full contract schedule, attracting significant attention.
Especially, this complex is composed mainly of small to medium-sized units, which are rare along the Suyeong River, in addition to the prime Suyeong River views. Despite resale restrictions, a large number of real demand applicants participated due to various financial benefits and free options provided, resulting in a highest competition rate of 7:1 in the previous subscription, and it is said that there is considerable interest in the contracts as well.
Hillstate Centum The First is a super high-rise branded residential officetel located in Mangmi-dong, Suyeong-gu, Busan Metropolitan City, consisting of 3 basement floors to 37 above-ground floors, with a total of 447 units ranging from 61 to 84㎡ of exclusive area, all composed of small to medium-sized residential products. It is composed of four buildings like an apartment and is designed as a complex-type officetel with various community and landscaping features.
In fact, Hillstate Centum The First offers convenient access to various infrastructures. It is adjacent to Centum City, allowing close access to major facilities in the Centum area such as Shinsegae Department Store, BEXCO, Lotte Department Store, and the Busan Cinema Center. Additionally, nearby are Costco, E-Mart Traders, F1963, and other abundant living, cultural, and convenience facilities, which are expected to further enhance residential convenience.
The complex also stands out for its convenient transportation environment. Its advantage lies in quick access between downtown Busan and the outskirts. Movement within and outside Busan city is convenient via Jwasuyeong-ro, Gajeonggyo, Beonyeong-ro, and others, and access to the Gyeongbu Expressway is easy, providing excellent metropolitan transportation networks. Furthermore, the nearby Mandeok~Centum underground urban expressway is under development, aiming for opening in 2024 (planned), which is expected to further improve transportation convenience.
Meanwhile, Hillstate Centum The First announced plans to enhance residential value by introducing exterior and landscaping designs linked to the Suyeong River.
First, the exterior design incorporates a landmark roof structure and landscape lighting considering the location adjacent to the Suyeong River, applying a curtain wall look facade design to add luxury and practicality. For landscaping, a "Blue Garden" park connected to the Suyeong River waterfront park, a uniquely designed resting space called the "Stripe Garden," and a rooftop garden called the "View Garden," where residents can relax while viewing the Suyeong River, will be created to enhance comfort.
In addition, the complex plans to add prestige by introducing a gate with differentiated design as a symbolic object, arrange the complex mainly facing south preferred by consumers, and secure ventilation axes to increase openness, sunlight, and airflow. Inside the units, a 4-bay slab-type design will be applied, and depending on the type, walk-in closets and utility rooms will be introduced to expand storage space and improve space utilization.
Hillstate Centum The First attracts attention by maximizing residential convenience with various free items. Ceramic tiles are applied as standard on kitchen walls and countertops, and channel lighting, wide square sink bowls, 3-burner hybrid cooktops, and functional ovens are all provided free of charge. Additionally, a large ceramic tile art wall in the living room, built-in wardrobes in children's rooms (varies by type), and ceiling-type air conditioners in all units are included as standard items.
Meanwhile, Hillstate Centum The First offers a fixed first deposit of 10 million KRW and a full 60% interest-free benefit on interim payments, which is expected to significantly reduce consumers' financial burdens.
Hillstate Centum The First is currently operating a model house.
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