Hanwha Forena Busan Deokcheon VR Model House Opens... Special Supply on the 10th

Priority subscription starts on the 11th... Interest-free interim payments and installment contract deposits
Rare flat complex near Sudeung Station on Busan Subway Line 3
"For the first time in Busan, Foretna forming a brand town with 1,868 households"

[Asia Economy Reporter Onyu Lim] Hanwha Construction is launching the cyber model house for 'Hanwha Forena Busan Deokcheon' on the 6th, officially starting sales amid the impact of the novel coronavirus (COVID-19).

The cyber model house, which replaces the traditional showroom, provides virtual reality (VR) footage of each unit type and offers detailed information on location, complex layout, and special features. It can be experienced on the sales website. Hanwha Construction explained, "We plan to ensure there is no inconvenience even if face-to-face consultations are not possible."

Hanwha Forena Busan Deokcheon is a reconstruction complex located at 357-12 Deokcheon-dong, Buk-gu, Busan (Deokcheon 2-1 district). It is the first Forena brand apartment that Hanwha Construction is selling in Busan. The complex consists of 6 buildings ranging from 2 basement floors to a maximum of 25 floors above ground, with units sized between 59 and 84 square meters, totaling 636 households, of which 294 are for general sale.

Applications will begin with special supply on the 10th, followed by first priority on the 11th, and second priority on the 12th. Winners will be announced on the 19th, and official contracts will start from the 30th. Hanwha Construction has significantly eased financial conditions by offering interest-free interim payments and a split payment system for the contract deposit (first payment of 10 million KRW, second payment of 10% of the remaining balance).

Hanwha Construction plans to supply a total of 1,868 households (planned) across Deokcheon 2-1 district through to district 3, with Forena Busan Deokcheon being the first complex. Hanwha Construction stated, "Once construction of all three districts is completed, it will become a representative Forena brand town in Buk-gu, Busan."

Hanwha Forena Busan Deokcheon is located in an ultra-station area directly adjacent to Sudeung Station on Busan Subway Line 3, offering excellent public transportation conditions. Additionally, it has a wide-area transportation network through Gupo Station on the Gyeongbu Line, Deokcheon IC on the Namhae Expressway, and Gimhae Airport.

One notable advantage is that the apartment is situated on flat land, which is rare in Busan. Given that nearly half of Busan's total area is mountainous, apartments located on flat land are highly preferred.

The nearby living and educational infrastructure is also noteworthy. Various convenience facilities such as NewCore Outlet, Mega Mart, Hanaro Mart, and Bumin Hospital are located within a 1 km radius of the complex. Elementary, middle, and high schools including Deokseong Elementary, Deokcheon Middle, Deokcheon Girls' Middle, and Nakdong High School are all within walking distance. In particular, the Culture Ice Rink Center, a complex facility combining sports and cultural amenities, is located near the complex, allowing residents to enjoy diverse cultural activities.

Transportation improvements are also expected. The deep underground urban expressway connecting Mandeok and Centum (scheduled for completion in 2024) and the 3rd Mandeok Tunnel connecting to Busanjin-gu (scheduled for completion in 2022) are anticipated to greatly improve traffic conditions in the area by dispersing traffic demand.

Hanwha plans to showcase differentiated product features by applying the Forena specialized design 'Forena Face' to this complex. Additionally, various community facilities such as daycare centers, fitness centers, and small libraries will be provided.

Lee Jae-ho, head of sales at Hanwha Construction, said, "This marks the beginning of a branded town of 1,868 households in the Deokcheon district of Buk-gu, Busan. Especially as a flatland apartment adjacent to Sudeung Station on Busan Subway Line 3, an ultra-station area, it is expected to be very popular and achieve excellent subscription results."

Move-in is scheduled for August 2022.

This content was produced with the assistance of AI translation services.