Hyundai Engineering & Construction is launching Hillstate Yangsan The Sky in Mulgeum-eup, Yangsan, South Gyeongsang Province. The project comprises two complexes with a combined 598 units.
The first complex consists of four buildings ranging from four basement levels to 20 above-ground floors, with 299 units in exclusive floor areas of 68, 84 and 159 square meters. The second complex has four buildings from three basement levels to 20 above-ground floors, with 299 units in 84 and 159 square meter layouts. About 88% of all units measure 84 square meters.
Transportation access is set to improve. The Yangsan Line urban railway is in final preparations for a targeted opening in December. The 11.43-kilometer route links Nopo Station on Busan Metro Line 1 to Bukjeong Station, with seven stations. Riders can transfer to Busan Metro Line 1 at Nopo Station and Line 2 at Yangsan Jungang Station. The line is currently undergoing comprehensive test operations.
The Ulsan-Yangsan-Busan metropolitan railway passed a preliminary feasibility study last July, and work on a basic plan is under way. The project would connect KTX Ulsan Station to Nopo Station in Busan by way of Ungsang in Yangsan, spanning 47.6 kilometers with 11 stations, and targets a 2031 opening.
The Southeast Circular metropolitan railway, which would link Ulsan to the Changwon area via Yangsan and Gimhae, is undergoing a preliminary feasibility study. Ulsan and other local governments are working toward clearing the review this year. Yangsan and Ulsan recently began cooperating to expand the metropolitan rail network and improve integrated transfers across public transit.
Actual transaction prices for existing apartments in Mulgeum-eup have risen. According to the Ministry of Land, Infrastructure and Transport's transaction price disclosure system, an 84-square-meter unit on the 18th floor of Yangsan Daebang Noble Land 8th Royal County in Gachon-ri, Mulgeum-eup, sold this month for 564 million won. A unit on the same floor traded at 483 million won in February. Both were transactions in the same complex on the same floor.
The complex offers access within Yangsan via Hwangsan-ro and Busandaehak-ro, along with Jeungsan Station on Busan Metro Line 2, KTX Mulgeum Station, and the Mulgeum and Nam-Yangsan interchanges. Nearby schools include Seonam Elementary, Mulgeum Elementary, Mulgeum Middle, Mulgeum High and Beomeo High, and a cluster of private cram schools sits in Gachon-ri. The Yangsan Municipal Central Library is next to the complex.
Also nearby is the Yangsan Jungang National Sports Center, which has a swimming pool, fitness center, indoor golf range, bowling alley, indoor gymnasium and outdoor performance space. E-Mart Yangsan, Lotte Cinema Yangsan Mulgeum, Megabox Yangsan and the Yangsan Intercity Bus Terminal are in the area, and Pusan National University Yangsan Hospital, with about 1,200 beds, is close by. Mount Obong, Seonam Sports Park and the roughly 180,000-square-meter Yangsan Design Park are also nearby.
All units except two penthouses are designed as flat-type four-bay layouts. They include a dressing room and either a pantry or a flex room. Ceiling height is 2.4 meters, or 2.5 meters including recessed ceilings. Living rooms, excluding the master bedroom, are planned with glass railings instead of steel.
Community amenities will include an indoor golf range, a fitness center, the Hills Lounge, a study lounge and H Aisup, a forest-themed indoor play area. One shuttle bus will be provided free of charge for each complex for residents. Hyundai Engineering & Construction's patented noise-reduction technology, the H Silent Home System, has been applied to all units except certain spaces such as pantries and dressing rooms.
Buyers put down 5% at contract signing, with the first installment set at a flat 5 million won. Interest-free intermediate payments are offered. Yangsan is not designated as a regulated zone, so resale restrictions do not apply.
"Prices for existing apartments in Mulgeum-eup have been rising recently, and as metropolitan transit projects gradually take shape, warmth is returning to Yangsan's property market," a sales official said. "Hillstate Yangsan The Sky is a new complex that combines Mulgeum-eup's living infrastructure with product quality and financing benefits, so inquiries have been steady."
The model house is located at 2769-3 Beomeo-ri, Mulgeum-eup, Yangsan, South Gyeongsang Province.
