Ulsan Southern Area Development Kicks Off... 'Ulsan Deokha Station Shinil Happy Tree The Roots' Now Leasing

- Shahin Project and Korea Zinc Secondary Battery Material Plant Expansion and New Construction
- High Expectations for Regional Development Activation Due to Large-Scale Job Growth

‘Ulsan Deokha Station Shinil Happy Tree The Roots,’ located in Cheongnyang-eup, Ulju-gun, Ulsan Metropolitan City, is now in full-scale sales.

‘Ulsan Deokha Station Shinil Happy Tree The Roots’ is being offered at an affordable price of around 14 million KRW per pyeong, and it is the first in Ulsan City to allow contract cancellation upon move-in. It also applies a Free contract and interest safety guarantee system that pays 5% annual interest on the deposit.

This complex consists of 2 basement floors to 29 above-ground floors, with a total of 672 households comprising ▲71㎡ 139 units ▲84㎡A type 446 units ▲84㎡B type 87 units.

Meanwhile, development in the southern area of Ulsan, where ‘Ulsan Deokha Station Shinil Happy Tree The Roots’ is located, is accelerating. Ulsan City and Ulju-gun plan to develop a new city with a population of 100,000 in the southern living area of Ulsan, including the Cheongnyang-Woongchon area, Onyang-Onsan-Seosaeng area, and the areas around station zones and border regions.

Additionally, regional development benefits such as the Shahin Project and the new and expanded secondary battery material factory by Korea Zinc, which are expected to create a large number of jobs, are continuing. Therefore, expectations for population inflow and regional development activation in the southern area of Ulsan are expected to keep rising.

Deokha New Town, the starting point of the southern area development where ‘Ulsan Deokha Station Shinil Happy Tree The Roots’ is located, is a mini new town with 10,000 households situated in Cheongnyang-eup, Ulju-gun. It is adjacent to Onsan National Industrial Complex and is regarded as a suitable residential area for those seeking proximity to work.

Moreover, residents of this complex can access excellent living infrastructure in Nam-gu, Ulsan within a 10-minute drive, and it is located right next to Cheongnyang Elementary School, the only elementary school in Deokha New Town, providing educational infrastructure benefits.

An official stated, “‘Ulsan Deokha Station Shinil Happy Tree The Roots’ is guaranteed for stability as it is a HUG housing sales guarantee product, making it an attractive and stable investment in an unstable real estate market. Although the area currently has low preference among actual residents, it is expected to gain premium value due to future development, and since contract cancellation upon move-in is possible, inquiries about move-in and investment are continuing.”