Rising Sale Prices Spotlight Private Rental Market... Interest in 'Deokha Station Daewoo Shahin Project'

- Will Apartment Sale Prices Rise Again This Year? Actual Buyers Turn to Private Rental Apartments
- 10-Year Private Rental Apartment with Abundant Living Infrastructure, 'Deokha Station Daewoo Shahin Project,' Gaining Popularity

Recently, apartment sale prices have been soaring continuously, increasing the housing burden on actual buyers. This year as well, due to rising raw material costs and labor expenses, sale prices are expected to continue their upward trend, leading buyers to turn their attention to private rental apartments.

With the government announcing the implementation of the ‘Stress DSR Phase 3’ in July, which will increase loan burdens, private rental apartments with lower initial costs and guaranteed residential stability are gaining attention.

The biggest advantage of private rental apartments is that they allow long-term stable residence at prices cheaper than market value. In particular, without concerns about rising jeonse prices or falling house prices, they are emerging as an attractive alternative for actual buyers amid an uncertain real estate market.

An industry insider said, “The rising sale prices and strengthened loan regulations are raising the entry barriers to the housing market,” adding, “In this situation, private rental apartments, which allow long-term residence without price fluctuation risks, are becoming a more attractive option for actual buyers.”

Amid growing interest in private rental apartments, the ‘Deokha Station Daewoo Shahin Project’ supplied in Cheongnyang-myeon, Ulju-gun, Ulsan, is also drawing significant attention. It is a 10-year private rental apartment complex consisting of 435 units ranging from 59 to 84㎡ in exclusive area, with buildings from basement level 2 to 25 floors above ground.

This complex allows stable residence for up to 10 years without worries about jeonse price fluctuations or house price declines, and after residence, buyers can purchase at a reasonable price, making it excellent for long-term housing plans.

Since it is not included in the housing count, there is no tax burden such as acquisition tax or holding tax, and the rental deposit is secured through a guarantee by the Housing and Urban Guarantee Corporation (HUG). Anyone aged 19 or older can apply without a subscription savings account, and after the contract, transfer and assignment are freely possible, allowing flexible housing choices.

Located within walking distance of Deokha Station on the Donghae Line, public transportation is convenient. Additionally, the Cheongnyang IC of the Busan-Ulsan Donghae Expressway is about 1 km away from the complex, facilitating easy vehicle access and convenient commuting using the metropolitan transportation network.

The educational environment is also excellent. Nearby schools such as Cheongnyang Elementary, Cheongnyang Middle, and Samil High are expected to satisfy parents. Furthermore, the complex is adjacent to natural attractions like Hamwolsan, Eungoksan, and Seonam Lake Park, providing a nature-friendly environment, and it is equipped with living infrastructure such as Hanaro Mart, Deokhwa Market, and Cheongnyang-eup Administrative Welfare Center.

Thanks to its proximity to workplaces, it also offers the advantage of living close to work. Large industrial complexes such as Ulsan Petrochemical Complex, Ulsan Techno General Industrial Complex, New General Industrial Complex, and Onsan National Industrial Complex are nearby, reducing commuting burdens. Moreover, with the ongoing development of the Ulsan-Mipo National Industrial Complex, future value appreciation is also expected.

Various community facilities that enhance residents’ housing satisfaction will be established. Residents will be able to use services such as breakfast service, fitness center, small library, book caf?, and Moms Station.

A sales representative said, “The Deokha Station Daewoo Shahin Project offers a stable living environment and various convenient facilities, and with reasonable prices allowing home ownership, it is attracting high interest from actual buyers,” adding, “Especially in a situation where loan regulations and house price volatility are increasing, it is the optimal choice to secure housing stability without risk.”

Meanwhile, the promotional center for the Deokha Station Daewoo Shahin Project is located in the Samsan-ro area of Nam-gu, Ulsan.