Nationwide Population Growth Leader Hwaseong... Popularity of 'Hillstate Dongtan Station Multiplayer'

Over the past five years, Hwaseong City in Gyeonggi Province has been recognized as the city with the highest population growth, drawing attention to its real estate market.

According to the Ministry of the Interior and Safety's resident registration population status, Hwaseong City's population recorded 944,342 as of last year. This marks an increase of 185,620 from 758,722 in 2018, making it the top city nationwide in population growth.

The population increase in Hwaseong City over the past five years far surpasses those of cities ranked 2nd to 5th, including Pyeongtaek (95,380), Hanam (75,446), Sejong (72,399), and Siheung (71,028).

The rapid population growth in Hwaseong City is attributed to the large-scale residential complexes in Dongtan 1 and 2 New Towns and the industrial complexes developed around them. Unlike other new towns, Dongtan New Town is a self-sufficient city through facilities like Dongtan Technovalley, quickly attracting surrounding populations.

Recently, major positive factors such as the opening of the GTX (Great Train Express) and semiconductor investments have further boosted population inflow and are expected to increase the value of the real estate market.

In this context, Dongtan Technovalley in Dongtan, where the population is rapidly increasing, is receiving the greatest attention. As the self-sufficient function of Dongtan New Town, Dongtan Technovalley is expected to strengthen its self-sufficiency with groundbreaking improvements in access to Gangnam and additional investments from major companies.

The ‘Hillstate Dongtan Station Multiplier,’ currently under occupancy in Dongtan Technovalley, is also attracting homebuyers for these reasons.

This complex is close to Dongtan Station, where both GTX and SRT (Super Rapid Train) operate. Additionally, multiple transportation benefits such as the Dongtan?Indeokwon Line, Dongtan Tram, and the semiconductor line (formerly Dongtan?Bubal Line) are concentrated here, greatly enhancing accessibility to nearby semiconductor factories.

Nearby, there are excellent living conveniences such as Lotte Department Store, E-Mart, and Costco, as well as green spaces including Seonnap Forest Park and Chidongcheon Sports Park. Numerous schools such as Neulbom Elementary, Dawon Elementary, Dawon Middle, and Hanbaek High School are also located here, boasting outstanding living infrastructure.

Finally, the commercial facilities built alongside will provide convenience to residents while accommodating the abundant local demand. With store layouts considering traffic flow, the area boasts excellent visibility. Connected to main roads and neighborhood parks, it is expected to establish itself as a vibrant commercial district with approximately 15,000 households within a 1 km radius and a total of 859 units within the complex generating active demand.