Hanwha Construction Division announced on August 2 that it will sell the first 'Foreana' brand apartment in Ulsan, 'Hanwha Foreana Ulsan Mugeo,' located at 1422 Mugeo-dong, Nam-gu, Ulsan. This complex is developed on the site of Hanwha Chemical's housing.
Hanwha Foreana Ulsan Mugeo will comprise a large complex of 816 units across 8 buildings, with a structure ranging from 3 underground floors to 25 above ground, and unit sizes ranging from 84 to 166 square meters. By type, it will have ▲275 units of 84㎡A ▲151 units of 84㎡B ▲165 units of 84㎡C ▲67 units of 99㎡ ▲156 units of 109㎡ ▲2 units of 166㎡P. The 국민평형 of 84㎡ will make up 72% of the units.
Hanwha Foreana Ulsan Mugeo is strategically located in a triple living area that connects conveniently to Mugeo-dong as well as Sinjeong and Okdong. It is attracting attention as it allows easy access to Ulsan's representative educational, environmental, and living infrastructure. Additionally, it takes about 10 minutes by car to reach the Okdong academy district, and residents can enjoy various commercial, neighborhood, and administrative facilities such as Ulsan Grand Park, Namsan Neighborhood Park, Ulsan District Court, New Core Outlet, Hyundai Department Store, Homeplus, and Lotte Mart.
The area around the complex boasts an excellent educational district with more than ten schools, including Samho Elementary School, Okyun Elementary School, Samho Middle School, Seongkwang Girls' High School, and Ulsan Jeil High School. Additionally, the vicinity is rich in living infrastructure, including Hanaro Mart and Joensamjeong Hospital. The Taehwa River flows to the north of the complex, while Samho Mountain is located to the south. Nearby are Taehwa River National Garden, Samho Park, and Oksan Park.
The traffic conditions are also excellent. It is easy to access Okdong and Sinjeong-dong via Namdo Circular Road, Samho Road, and Munsuro, and the Ulsan Expressway, Donghae Expressway, and Down2 Tunnel provide convenient access to major road networks. Future developments such as the planned Ulsan Tram Line 1 and 4 and the Ulsan-Yangsang-Busan metropolitan railway are expected to further improve traffic conditions.
The differentiated product features suitable for the first 'Foreana' brand complex in Ulsan are also notable. The complex is oriented primarily towards the south, providing excellent natural light and ventilation, and it will include a generous ratio of 1.6 parking spaces per unit, which is the highest level in Ulsan. Moreover, a 'blue air system' will be implemented to maintain fresh indoor and outdoor air.
In particular, a sky lounge will be established on the 25th floor, and various community facilities such as a guest house and a laundry café will be created in an area of approximately 3,600 square meters, which is about half the size of a soccer field. Each unit will also be provided with a storage room to maximize space utilization.
The area of Mugeo-dong, where Hanwha Foreana Ulsan Mugeo will be located, is considered a brand apartment town within Ulsan. In this area, in addition to Hanwha Foreana Ulsan Mugeo, large-scale brand town developments like Samho Reconstruction, which has already been completed, and the upcoming Mugeo Samho district are expected.
Kwon Gi-young, the sales manager at Hanwha Construction Division, noted, "As the supply of apartments in the southern Ulsan area has become insufficient, interest in large-scale brand towns being developed in Mugeo-dong has significantly increased. In particular, since Hanwha Foreana Ulsan Mugeo is a project developed on the site of Hanwha Chemical's housing, which was once a coveted location for Ulsan citizens, we will do our best to make it a landmark representing the region."
The promotional center for Hanwha Foreana Ulsan Mugeo is located at 729-23 Sinjeong-dong, Nam-gu, Ulsan. Occupancy is expected in the second half of 2028.