Hyundai Engineering is selling the corporate-type private rental dwellings Hills State Yongin Fore, which will be built in Samga-dong, Cheoin-gu, Yongin, Gyeonggi. These apartments are supplied as corporate-type private rental dwellings and are not counted toward the number of dwellings.

Hills State Yongin Fore will be created as a large complex of 13 buildings with 5 basement levels to a maximum of 38 above-ground floors, totaling 1,950 households with exclusive areas of 59㎡ and 84㎡. As corporate-type private rental dwellings, residents can live stably for up to eight years, and rent increases are capped at within 5%.

'Hillstate Yongin Foret' perspective view. /Courtesy of Hyundai Engineering

Corporate-type private rental dwellings are not included in the number of dwellings, so there is no burden of various taxes such as acquisition tax, comprehensive real estate holding tax, and property tax. With subscription to lease guarantee by Korea Housing & Urban Guarantee Corporation (HUG), stability of deposit return is also secured.

Hills State ranked No. 1 for 78 consecutive months in the apartment brand reputation survey by the Korea Corporate Reputation Research Institute. Hills State Yongin Fore also features differentiated floor plans and product competitiveness. The complex applies specialized spaces such as dressing rooms and alpha rooms (except for some types), along with a design focused on 4-bay plate-type layouts. Depending on residents' lifestyles, the alpha room can be used as a home office, study, hobby room, or guest room.

There is also a variety of community facilities. A fitness center, indoor golf practice range, and screen golf will be created, as well as a study room, small library, moms' café, moms' station, and senior center. Within the complex, diverse landscaping will be harmonized, including a green community yard with waterfront facilities, an oxygen therapy garden, a silver community garden, and a children's playground.

The location conditions also stand out. City Hall·Yongin University Station on the Everline (Yongin Light Rail Transit) is adjacent. Transfers to the Suin-Bundang Line and the GTX-A line are convenient, offering excellent access to Gangnam and Pangyo. It is also equipped with a wide-area transportation network, including the Gyeongbu Expressway and the Sejong–Pocheon Expressway.

It has secured a chopoong-a location, with Samga Elementary School located right next to the complex. In addition, Yeokbuk 2 Neighborhood Park is scheduled to be built near the complex, and daily life infrastructure such as Yongin City Hall, Emart, and Lotte Cinema is abundant.

In addition, large-scale development benefits are planned, including the Yongin Yeoksam Urban Development, the SK hynix semiconductor cluster, and the Yongin Advanced System Semiconductor National Industrial Complex.

The formal approval for use of Hills State Yongin Fore will proceed after the opening of the main access road and the completion of the donation in kind of the middle school site. After eight years have passed from the first move-in start date (scheduled for late December), conversion to sale will be possible under the relevant laws.

※ This article has been translated by AI. Share your feedback here.