Kumho Construction's 'Kumho Eoullim The First' on Munsu-ro Attracts Attention with Sales Conditions Tailored to Ulsan Citizens' Expectations

- Ulsan Nam-gu Sinjeong-dong area, 402 units with exclusive area of 84㎡ each
- Offering reasonable sale prices and customized sales conditions with various financial benefits for buyers

As the housing sales market freezes, more construction companies are making bold moves by offering attractive sales conditions to capture the interest of actual buyers. Recently, amid controversies over high sale prices, companies are differentiating themselves through price competitiveness such as reasonable prices and financial benefits.

A prime example is Kumho Construction’s upcoming project, ‘Munsuro Kumho Eoullim The First,’ scheduled for sale in September in Sinjeong-dong, Nam-gu, Ulsan. This complex is expected to attract significant attention by offering special sales conditions tailored to buyers' expectations.

‘Munsuro Kumho Eoullim The First’ plans to provide reasonable prices by reducing developer profits through a contractor-centered project execution and cutting unnecessary marketing costs. It will also introduce various financial benefits to ease the financial burden on buyers.

In fact, the nearby ‘I Apartment’ near Gongyeoptap, where the project is located, recorded an actual transaction price of 780 million KRW for an 84㎡ unit earlier this year, but recently the price rose by about 150 million KRW to 925 million KRW, continuing its upward trend. Meanwhile, ‘Munsuro Kumho Eoullim The First’ is offering prices in the mid-700 million KRW range.

The abundant living infrastructure is another reason for attention. ‘Munsuro Kumho Eoullim The First’ is situated in the heart of the Sinjeong living area, equipped with the three essentials of residence: transportation, education, and convenience facilities. The complex is located near Bongwol Intersection, allowing quick access to anywhere in Ulsan city and outskirts via Bongwol-ro, Samsan-ro, and Suam-ro through the Gongyeoptap Rotary. Additionally, it offers easy access to various industrial complexes such as Hyundai Motor Company and Hyundai Heavy Industries.

Within 1 km of the complex are Ulsan Jungang Elementary School, Sinjeong Elementary School, Wolpyeong Middle School, Hakseong Middle School, Ulsan Technical High School, Ulsan Seo Girls’ Middle School, Ulsan Girls’ High School, Hakseong High School, Sinjeong High School, and Ulsan Girls’ High School. Furthermore, the Munsuro area’s academy district is also nearby.

Surrounding the complex are diverse convenience facilities such as Lotte Mart, Homeplus, and large hospitals. Public offices including Ulsan Metropolitan City Hall, Ulsan Nam-gu Office, Ulsan District Court, Ulsan Southern Police Station, and Administrative Welfare Center are also located nearby.

‘Munsuro Kumho Eoullim The First’ benefits from various development projects that enhance regional value. Notably, a new station on Ulsan Urban Railway (Tram) Line 1, connecting Taehwagang Station and Sinbok Rotary near Gongyeoptap Rotary adjacent to the complex, is being planned, which will further improve transportation accessibility.

‘Munsuro Kumho Eoullim The First’ will be composed of three types of 84㎡ units, which are highly preferred by buyers. Depending on the type, specialized storage designs unique to Kumho Construction, such as pantries, alpha rooms, and dressing rooms, will be applied. Community facilities within the complex will include a fitness center, a small library, and a daycare center.

Meanwhile, the model house for ‘Munsuro Kumho Eoullim The First’ is located in Daldong, Nam-gu, Ulsan Metropolitan City, and is scheduled to open in September.