- Regulation Deferred in Non-Metropolitan Areas Until Year-End... Possible "Last Chance" Before Additional Loan Restrictions
- Attracting Both Genuine Buyers and Investors, "Beonyeong-ro Haneulchae Lakeview" Emerges as a Prime Complex
As the government has implemented the so-called "6.27 Loan Regulation," which is considered the most stringent in history, and with the full-scale enforcement of Stage 3 of the Stress DSR beginning this month, it is expected that the threshold for homebuyers to purchase a home will become even higher.
In particular, the Stress DSR calculates loan limits even more conservatively by factoring in projected future interest rates, making it significantly more difficult for genuine homebuyers to secure financing.
However, in non-metropolitan regions, the application of Stage 3 of the Stress DSR is deferred until the end of the year, and the core of the 6.27 Loan Regulation?namely, the 600 million won limit on mortgage loans?applies only to the Seoul metropolitan area and other regulated regions. As a result, current lending conditions in these non-metropolitan areas will remain unchanged for the time being.
Consequently, there is a growing perception among buyers in non-metropolitan areas that "now is the last chance to buy a home," and there is active movement to secure prime apartment complexes with strong location and product appeal.
Experts also unanimously agree that "now is the right time for genuine buyers." The 6.27 measures were implemented immediately on June 28, the day after their announcement, delivering a strong warning message to the market. President Lee Jaemyung also hinted at the possibility of additional regulations during his press conference marking 30 days in office on July 3, stating, "The 6.27 measures are just a preview." Therefore, analysts believe that since non-metropolitan areas could also become subject to regulations at any time, it is advantageous to establish financial plans now.
As a result, there is a high likelihood that demand will shift toward new apartment complexes in non-regulated areas, where loan restrictions can be avoided. In particular, developments in proven locations are expected to benefit from a rebound in demand.
One such example is "Beonyeong-ro Haneulchae Lakeview," located in the Beonyeong-ro area of Nam-gu, Ulsan. With excellent living infrastructure and high future value, it is attracting strong interest from both genuine buyers and investors. There is especially high demand from those seeking to secure premium units before additional regulations are implemented.
"Beonyeong-ro Haneulchae Lakeview" consists of 8 buildings ranging from 2 basement levels to 30 floors above ground, with a total of 803 units. The breakdown by exclusive area is as follows: 39 units of 59m², 700 units of 84m², 4 units of 96m², 58 units of 110m², and 2 penthouse units of 127m².
The area around Yaeum-dong, where the complex will be built, is undergoing development of apartment complexes totaling more than 5,000 units. Combined with the existing branded town of about 2,400 units, the area is set to become a large-scale, emerging residential town with a total of about 7,000 units.
The existing infrastructure is also well established. Within a 500-meter radius of the complex is Seonam Elementary School, allowing for walking commutes, and the area also offers excellent educational environments with Yaeum Middle School, Daehyeon High School, and Sinsun Girls' High School. Additionally, Seonam Lake Park and Ulsan Grand Park are nearby, making it ideal for leisure activities.
The planned Yaeum Sageori Station on Ulsan Metro Line 2, which will connect the north and south of Ulsan (currently under preliminary feasibility study), and the KTX-Eum line between Andong and Bujeon Station, which opened at the end of last year, now provide direct access to Seoul Cheongnyangni Station. Together with the existing Ulsan Station (KTX·SRT), the metropolitan transportation network has been greatly improved.
Nearby, the Ulsan Mipo National Industrial Complex, where SK Group recently announced a 50 trillion won investment plan for a massive AI data center, as well as the Onsan National Industrial Complex and Ulsan Techno General Industrial Complex, are home to national strategic industries specializing in secondary batteries. The S-Oil plant, which is close by, is also the site of the "Shaheen Project," a new investment project by Saudi Aramco worth about 9 trillion won. These developments are expected to further expand demand and increase the value of the area.
The design of the complex is also excellent. Most units are oriented southward to maximize sunlight and views of Seonam Lake Park. The interior features a mix of 4-bay flat and tower-type layouts for greater convenience. Some layouts include Kolon Global's signature three-sided balcony design, enhancing openness, space utilization, and maximizing service area.
Some lower-floor units feature terrace houses overlooking the central plaza, providing a pleasant residential environment, while the top floors are reserved for penthouses with panoramic lake views.
The large-scale complex also boasts impressive community facilities, including a fitness center, golf practice range, G·X room, residents' cafe, small library, coin laundry, and indoor kids' playground. An independent public daycare center will be established within the complex, and a "Kids Station" for school bus pick-up and drop-off will be located near the main entrance, ensuring a safe commuting environment for children.
Attractive pricing and contract terms are also drawing attention. With an initial contract deposit of 3 million won and zero-interest loans for the entire intermediate payment, buyers face no additional financial burden until move-in. For the 84m² units, this is the last apartment in Nam-gu, Ulsan, priced in the 600 million won range, offering excellent price competitiveness. There are no restrictions on resale.
The model home is located near Beonyeong Sageori in Dal-dong, Nam-gu, Ulsan, across from Gyeongnam Bank.
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