- Large units with exclusive area of 98~108㎡, securing 1.9 parking spaces per household, the largest parking capacity in Ulsan
- Prime location in Okdong, Ulsan's largest academy district with prestigious school zone
SM Samhwan Corporation announced that it will launch sales of 'Okdong Gyeongnam Honorsville ubc' in the Okdong area of Nam-gu, Ulsan in November. The complex, a mixed-use facility for the relocation of the ubc Ulsan Broadcasting new headquarters, consists of 320 large-sized apartments with exclusive areas ranging from 98 to 108㎡, spread across 5 buildings from 4 basement floors to 20 above-ground floors.
[Okdong Gyeongnam Honorsville UBC Wide-Area Bird's-Eye View, Source: SM Samhwan Enterprises Co., Ltd.]
Okdong, a highly preferred residential area in Ulsan, is seeing a rare new apartment supply for the first time in 12 years since ‘Okdong Daegongwon Hanshin Hueplus’ in 2011. The project plans to offer large-sized units with high scarcity within Okdong and an upgraded level of finishing materials.
Okdong, where the complex is located, is famous for its high educational enthusiasm among parents, often called the Daechi-dong of Ulsan. Okdong Gyeongnam Honorsville is situated about a 2-minute walk from Okseo Elementary School and Okdong Middle School, providing a safe commuting environment for parents. It also boasts a prestigious academic zone with over 200 academies concentrated in the Okdong area, the largest academy district in Ulsan, all within walking distance.
The transportation environment is excellent. The complex is directly in front of major roads such as Iye-ro, Munsu-ro, and Bongwol-ro, making it easy to travel anywhere inside and outside Ulsan city. Additionally, the planned Tram Line 1 will further improve transportation conditions in the future. Development benefits such as the relocation of the ubc Ulsan Broadcasting complex and military base relocation add to its future value.
It also offers abundant living infrastructure and a pleasant natural environment. Facilities like the Ulsan District Prosecutor's Office, Ulsan District Court, and Nonghyup Hanaro Mart are easily accessible, ensuring both proximity to work and convenience in daily life. Moreover, the complex is adjacent to a retention pond walking trail, Ulsan Grand Park, Namsan Neighborhood Park, and Taehwa River National Garden, allowing residents to enjoy a healing lifestyle in their daily lives.
The complex layout is mainly south-facing to maximize natural light, applying Honorsville’s unique differentiated specialized design. The design particularly stands out for its consideration of residents. Amidst a shortage of parking spaces in Ulsan, Okdong Gyeongnam Honorsville ubc secures about 1.9 parking spaces per household, alleviating concerns about parking conflicts. All parking spaces are underground, and the ground level is designed as a park-type apartment with landscaping spaces such as children’s playgrounds and plazas, creating a safe and pleasant complex environment. The underground parking entrance is designed with increased height to allow delivery vehicles to enter, adding convenience. Additionally, a premium community facility is prepared to enhance residents’ quality of life.
Meanwhile, Nam-gu, Ulsan, where the complex is located, was removed from the regulated area list in September, raising expectations for revitalization in the market. With the easing of various real estate regulations including first-priority subscription conditions, loans, and taxes, there is reportedly high interest from prospective buyers in ‘Okdong Gyeongnam Honorsville ubc’.
The model house for Okdong Gyeongnam Honorsville ubc is scheduled to open in November.
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