Over 120 Attend ‘Munsuro Huthis’ Real Estate Holding Company Meeting

About 120 People Attended on Saturday, February 3

On Saturday, February 3rd, Munsuro Huites held a landowner meeting, attracting around 120 attendees and receiving high praise from many participants.

Munsuro Huites, being constructed in the Sinjeong-dong area of Nam-gu, Ulsan Metropolitan City, is a large-scale apartment complex with 2 basement floors and 29 above-ground floors, totaling approximately 820 units (planned). The exclusive area is supplied in 84㎡ A and B types. It boasts a highly preferred 4-bay 3-room layout with a high exclusive rate, designed with cross ventilation and an open kitchen to maximize openness and expand storage space. The master bedroom includes a private bathroom and powder room, a multi-purpose storage space is designed for a neat entrance, and a pantry space is provided to maximize space efficiency.

Located near Ulsan Grand Park and Taehwa River, it offers abundant green spaces for leisure activities such as walking and exercising. Additionally, it is close to government offices, Ulsan Intercity Bus Terminal, Taehwagang Station (Donghae Line, Mugunghwa), and large supermarkets. It is also near top-ranked school districts for special-purpose high schools, with Hakseong High School located right in front, embracing a prestigious academic district.

The hydrogen tram project, which aims to lead Ulsan into a global hydrogen city, is showing visible progress. The hydrogen tram demonstration project is led by the Ministry of Trade, Industry and Energy and managed by the Korea Institute for Advancement of Technology, with a total project budget of 42.6 billion KRW to be invested by the end of this year. Hyundai Rotem, the manufacturer of the hydrogen tram, has been conducting the demonstration project on a 4.6 km section from Taehwagang Station to Ulsan Port Station since October 4th until the end of the year.

The Ulsan hydrogen tram uses hydrogen as energy, allowing it to travel much longer distances than conventional battery-powered trams. Once the hydrogen tram is fully operational, the interval between trains is expected to be 10 minutes, and the travel time from the starting point, Nam-gu Taehwagang Station, to the terminal at Sinbok Rotary (10.99 km) is estimated to be 27 minutes and 30 seconds.

With such positive prospects from the hydrogen tram, Munsuro Huites in Sinjeong-dong, Ulsan, where a hydrogen tram station is planned right in front of the complex, is currently conducting contracts. The landowner meeting was successfully held, and over 100 landowner contracts have been signed.

In fact, apartments near hydrogen tram stops are expected to not only improve transportation convenience but also drive value appreciation. Munsuro Huites is scheduled to be constructed by Geumgang Comprehensive Construction and will feature specialized interior designs and high-quality community facilities to enhance residential satisfaction. The trust company for the financial agency has been confirmed as Shin Young Real Estate Trust.

Moreover, this site is a private rental housing property that can be acquired and rented out for more than 10 years, which is advantageous in the current market environment with high interest rates. Private rental housing allows residents to decide on purchase after living for 10 years, is favorable, and tenants can be evicted after each 2-year renewal contract within the 10-year agreement period. During the residence period, tenants can enjoy tax exemption benefits.

Meanwhile, the promotional center is operating near Beonyeong-ro, Nam-gu, Ulsan, and inquiries and visit reservations can be made through the main phone consultation.