Hillstate Seonam Lake Park launches 1st-come sales with 5% deposit

Hillstate Seonam Lake Park, a project that has already demonstrated solid value and drawn strong interest, is now offering first-come, first-served unit contracts with a reduced initial pay-in for buyers, requiring only a 5 percent deposit and an initial payment of 5 million won ($3,300). Additional contract benefits are available for select units, with details provided at the model house in nearby Dal-dong upon inquiry. The project in Yaum-dong in Ulsan's Nam District has garnered attention not only for its buyer-friendly terms but also for its strong competitive edge in the city’s pre-sale apartment market. Industry observers suggest the development could go beyond a typical mixed-use complex to set a new benchmark for high-end residential standards in the district, potentially serving as a bellwether for the area’s future residential value. The Yaum-dong area, anchored by the nearby Daehyeon-dong residential cluster, is expected to see development of more than 2,000 high-rise brand-name residences. However, Nam District is already facing a gap in new supply as pre-sale inventory

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