A rendering of Hillstate Seonam Lake Park /Courtesy of Hyundai Engineering & Construction

Hillstate Seonam Lake Park, being built in Yaum-dong, Nam-gu, Ulsan, is taking first-come, first-served building and unit selection contracts for remaining units.

The complex will consist of up to 44 stories above ground, with two sites totaling 753 households (631 apartment units and 122 officetel units). The total deposit is set at 5%, with the first installment at 5 million won, easing buyers' initial funding burden.

In the Yaum-dong area centered on the Daehyeon-dong living zone where the complex will rise, more than about 2,000 households of high-rise brand complexes are slated to be supplied sequentially. However, Nam-gu is currently experiencing a shortage of new supply as the volume of pre-sale rights has decreased, and only limited supply focused on redevelopment projects is planned going forward, highlighting its scarcity. In addition to the formation of a brand residential belt in the area, the planned opening of Urban Rail Tram Line 2 is seen as a transportation boost, and expectations are building for an increase in residential value following the opening due to improved mobility and access to the city center within Nam-gu.

It is located to directly enjoy Seonam Lake Park, and nearby Yaum Elementary School is within walking distance for commuting to and from school.

The Onsan petrochemical complex, home to SK and S-Oil, is nearby, and access for commuting to major industrial complexes such as Hyundai Heavy Industries, Mipo Shipyard, and Hyundai Motor via the Ulsan Bridge is also excellent.

Although it is a mixed-use complex, a 4-bay plate-type layout is applied to deliver a floor plan comparable to that of a multifamily apartment. The exclusive area ratio has also been raised to the level of a typical apartment. Hyundai Engineering & Construction's "H Silent Home System I," a technology to reduce inter-floor noise, has been applied, and features such as a sky lounge and concierge service further differentiate it.

The model home is located in Daldong, Nam-gu, Ulsan, and move-in is scheduled for Feb. 2028.

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