Hyundai Engineering to Launch 'Hillstate Cheongnyangni The First' for Sale This Month
[Asia Economy Reporter Yuri Kim] Hyundai Engineering announced on the 8th that it plans to sell 'Hillstate Cheongnyangni The First,' mainly composed of residential officetels, in the area of 620-56, 60 Jeonnong-dong, Dongdaemun-gu, Seoul, this month.
The complex consists of 3 buildings, ranging from 5 basement floors to a maximum of 43 floors above ground, with units sized 37~84㎡ (exclusive area), totaling 486 units. It is composed of 19 units of 37㎡, 38 units of 38㎡, 76 units of 53㎡, 19 units of 56㎡, 19 units of 59㎡, 1 unit of 71㎡, and 314 units of 84㎡. The 53㎡ units are designed as 3-bay apartments, and the 84㎡ units as 4-bay apartment-style layouts to facilitate cross ventilation, lighting, and air circulation. Features such as dressing rooms and pantries will be introduced to improve space efficiency.
Located on the site of the former St. Paul’s Hospital development project, Hillstate Cheongnyangni The First is situated in the Cheongnyangni Station area, considered the best transportation hub in northeastern Seoul. The complex is located right in front of Exit 6 of Cheongnyangni Station, where currently six lines including Line 1, Bundang Line, and Gyeongui-Jungang Line pass, with four additional lines planned. The Cheongnyangni area where the complex is located is scheduled for major development projects such as the Metropolitan Area Express Railway (GTX) B and C lines and the 'Cheongnyangni General Market Area Urban Regeneration Activation Plan.' Using the GTX B and C lines, it will take only one stop to reach Seoul Station and Samseong Station, respectively, improving accessibility.
Lotte Department Store (Cheongnyangni branch), Lotte Mart (Cheongnyangni branch), Homeplus (Dongdaemun branch), Yakryeong Market, Gyeongdong Market, Cheongnyangni Wholesale Market, and Cheongnyangni Agricultural and Marine Products Market are all accessible on foot. Large medical facilities such as Kyung Hee University Hospital, Hanyang University Hospital, Seoul Samyook Hospital, and Seoul Seongsim Hospital are also available. A sales official predicted, "Within a 3 km radius, there are seven universities including University of Seoul, Korea University, Sungshin Women’s University, Hanyang University, Kyung Hee University, Hankuk University of Foreign Studies, and KAIST, so demand is expected to be abundant."
Meanwhile, the commercial facilities of Hillstate Cheongnyangni The First will be developed into two blocks, A and B, and are expected to include medical facilities such as hospitals, comprehensive health screening centers, oriental medicine clinics, and commercial facilities.
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The model house will be located at 92-62 Sinseol-dong, Dongdaemun-gu, Seoul.
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