High Corporate Investment in Yongin... HL D&I Hanla Launches 'Yongin Dunjeon Station Apite' for Sale

Pre-sale Transfer of Property Rights Allowed Before First Interim Payment Without Occupancy Requirement

[Perspective view of Apt near Dunjun Station, Yongin (Provided by HL D&I Hanla Co., Ltd.)]

Investments by large corporations have a significant impact on the local real estate market. As the regional economy revitalizes, the possibility of rising housing prices increases, and new demand for apartments grows due to large-scale job creation. Rental demand also becomes abundant, and liquidity improves, attracting more investors. Corporate investments create a virtuous cycle that leads to job creation, regional economic activation, and the generation of future real estate value.

A representative area demonstrating this is Yongin in Gyeonggi Province. It has been a focal point for large corporate investments in recent years. Correspondingly, the investment enthusiasm for the real estate market in this area is intense. Housing and land prices have risen sharply, and competition rates for new apartment subscriptions are soaring.

The situation where corporate investments drive up real estate values is confirmed by various statistics. Explosive interest in the real estate market of Cheoin-gu, Yongin City, can be seen in the land price increase rates. According to the Ministry of Land, Infrastructure and Transport, nationwide land prices rose by only 0.82% last year, but Cheoin-gu surged by a remarkable 6.66%. In the first half of this year, it recorded 3.02%, more than three times the national average of 0.99%.

As the formula ‘Corporate Investment = Real Estate Invincibility’ continues, interest in newly launched apartments is rising, especially in areas with active corporate investments. In particular, attention should be paid to ‘Yongin Dunjeon Station Epitet,’ currently being sold by HL D&I Hanla. HL D&I Hanla is changing its brand for the first time in 27 years and is launching its first apartment in the Yongin area. Considering promotional effects, it suggests that state-of-the-art facilities and various convenience amenities will be well-equipped.

The complex will be built with 13 buildings, ranging from three basement floors to a maximum of 29 floors above ground, comprising 1,275 households (with exclusive areas of 68 to 101㎡). Along with various community facilities, which are advantages of a large-scale complex, resident convenience facilities and commercial spaces will also be included. Large complexes with over 1,000 households have cost-saving effects such as reduced management fees, and due to their scale, symbolic value, and the size of internal auxiliary facilities, they are likely to have higher market prices.

Additionally, the sale price is set more than 100 million KRW lower than the regional average transaction price, attracting attention. In Yongin City, the average monthly transaction price until July this year is around 610 million KRW. In contrast, the sale price of an 84㎡ apartment in ‘Yongin Dunjeon Station Epitet,’ launched last month, is 488 million KRW, which is 122 million KRW cheaper.

Pre-sale rights can be resold before the first installment of the intermediate payment, and there is no mandatory residence period regulation. It is a complex not subject to the Stage 2 Stress DSR (Debt Service Ratio) regulation effective from September, so the burden of interest rate points is low. With these conditions known, ‘Yongin Dunjeon Station Epitet’ has completed subscription applications within the ranking for all unit types except for some units.

There are several other advantages of ‘Yongin Dunjeon Station Epitet.’ First, the location conditions are excellent. It boasts a well-connected transportation network. It is a station-area complex within walking distance of Dunjeon Station on the Everline light rail. Using the light rail line, it takes about 20 minutes to reach Giheung Station (transfer) on the Suin-Bundang subway line, and from Giheung Station, it is easy to access Seoul Gangnam and Bundang/Pangyo in Gyeonggi Province via the Bundang Line.

Once Jungno 1-49 road passing in front of the complex opens, the travel time to Yongin IC will be greatly reduced, making access to Yeongdong Expressway and the Seoul Metropolitan Area 2nd Ring Expressway convenient. Around the complex, there are the planned Seoul-Sejong Expressway, the Metropolitan Area 2nd Ring Expressway Pogok IC, and additional openings such as Geomeo IC on National Road 57 (Yongin~Pogok) are expected. All ICs are within 3 km of the complex, making it a prime beneficiary of the metropolitan transportation network. Also, the proximity of a metropolitan bus stop enhances accessibility to Seoul via public transportation.

Magusan Mountain, boasting a permanent view, embraces the complex, and by securing additional green spaces such as neighborhood parks, children’s parks, and green areas within the complex, a harmonious forest-zone apartment will be created in the surrounding environment.

Regarding educational facilities, Dunjeon Elementary School is within walking distance, and Pogok High School and Pogok Middle School, Yeongmun Middle School, Gorim Middle School, Yongin High School, and Gorim High School, which offer special admissions for rural areas, are concentrated nearby. The education-specialized apartment is also an advantage. HL D&I Hanla applies an ‘Edu Premium’ (career exploration program) to this apartment. For resident children in elementary, middle, and high school, it provides AI-based academic aptitude diagnosis and consulting on learning motivation, study habits, and lifestyle through small-group customized mentoring by Seoul National University students.

A sales representative from HL D&I Hanla said, “Yongin Special City is expected to see steady growth in new housing demand as the center of the metropolitan semiconductor cluster. In particular, ‘Yongin Dunjeon Station Epitet’ is an ideal residential complex supporting the semiconductor national industrial complex in Cheoin-gu, and inquiries are high due to its sale price being more than 100 million KRW cheaper than similarly sized recently launched complexes.”