"Hyosung Harrington Place Yeongju The River" will open a model home on the 31st in the Hucheon-dong area of Yeongju, North Gyeongsang, and begin full-scale sales. This supply is a rare new brand complex in the Yeongju housing market and is being evaluated as a high-scarcity complex that combines location, product strength, and brand credibility.

Hyosung Harington Place Yeongju The River artist's rendering /Courtesy of Hyosung

The complex will be built at 612-2 Hucheon-dong, Yeongju, North Gyeongsang, with seven buildings, 3 floors underground to 20 floors above ground, totaling 445 households. It consists only of mid- to large-size units: exclusive 84㎡A (216 units), 84㎡B (173 units), and 99㎡ (56 units). Design that maximizes openness and daylight, layouts that accommodate diverse lifestyles, community facilities, and specialized landscaping enhance the completeness of the residential environment. In particular, the complex sits on a feng shui-favored site embraced by the Seocheon stream, allowing some units to enjoy waterfront views, and the promenade and bicycle path meet the complex, enabling a pleasant waterfront lifestyle.

The sales schedule will proceed with special supply on Nov. 3, first-priority applications on the 4th, and second-priority applications on the 5th. Winners will be announced on Nov. 11, and legitimate contracts will be conducted for three days from Nov. 24 to 26.

First-priority subscription eligibility is open to residents of North Gyeongsang Province and Daegu age 19 or older. If the subscription deposit account has been held for at least six months and the deposit meets or exceeds the required amount by region and area, not only the head of household but also household members may apply. Multi-home owners are also eligible for first-priority subscription.

Near the complex, the Yeongju Advanced Bearing National Industrial Complex, scheduled for completion in 2027, is under development. Large-scale job creation and population inflows are expected, likely expanding housing demand and benefiting the local commercial district. In addition, the Yeongju station area urban regeneration New Deal project is being promoted, with plans to strengthen commercial and cultural functions and improve the pedestrian environment, which is expected to raise the value of the station area going forward.

In addition, Yeongju City recently signed an investment agreement for a carbon-free power development project totaling 1.2 trillion won, creating a new turning point for regional development, which is another factor drawing attention to the complex. The project is a large-scale initiative to build a carbon-free clean hydrogen power plant and a battery energy storage system (BESS), to be promoted in stages through 2035. Once the project is in full swing, it is expected to generate an induced production effect of about 2.3 trillion won, create more than 10,000 jobs, and increase the population by more than 500 people, along with significant direct revitalization of the local economy through support funds for areas around the power plant and increased local government tax revenue. In particular, this carbon-free power development project is cited as a key initiative that will form a large-scale industrial cluster integrating energy and manufacturing by linking with the Yeongju Advanced Bearing National Industrial Complex and existing urban industrial areas, and serve as a catalyst to attract new industries such as AI data centers. The establishment of this clean energy-based industrial ecosystem is analyzed to become a driving force that will elevate the industrial, residential, and investment value across Yeongju going forward.

Within a 3-kilometer radius, administrative agencies and industrial complexes are concentrated, offering excellent proximity between work and home, and the wider transportation network is convenient via Yeongju Station, the Jungang Expressway Yeongju IC, and National Routes 5 and 36. Large retailers such as Homeplus Co. and NongHyup Farmers' Market are nearby, as are Yeongju Red Cross Hospital and Yeongju National Sports Center. The education environment is also strong. Yeongju Nambu Elementary School and its affiliated kindergarten are within walking distance, and prestigious schools representing the region, including Daeyeong Middle School, Yeongju Middle School, and Daeyeong High School, are nearby, providing an excellent educational environment.

A sales official said, "Hyosung Harrington Place Yeongju The River is a rare new brand apartment in Yeongju's old downtown, and with its location gently embraced by the Seocheon stream, excellent living infrastructure, and future development catalysts such as the attraction of a clean hydrogen power plant, it has drawn a great deal of interest even before the model home opening," adding, "As a landmark complex representing the region, we expect strong results in subscriptions as well."

The model home for Hyosung Harrington Place Yeongju The River is located at 1505-1 Gaheung-dong, Yeongju, North Gyeongsang.

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