‘Gyeongsan Hayang Pine&U The First’ in Gyeongsan Knowledge Industry District Draws Attention

Fine Construction Opens Promotion Center on 8th, Starts Full-Scale Sales
Composed of Small Housing Units Including Urban-Style Houses and Officetels

‘Gyeongsan Hayang Pine&U The First’ Perspective Rendering

[Asia Economy Reporter Song Seung-seop] Pine Construction is launching sales of the residential complex "Gyeongsan Hayang Pine&U The First" in the Gyeongsan Knowledge Industry District, located in Hayang-eup, Gyeongsan City, the largest free economic zone in Gyeongbuk.

On the 7th, Pine Construction announced that it will open the promotional center for "Gyeongsan Hayang Pine&U The First" on the 8th and begin the full-scale sales schedule.

"Gyeongsan Hayang Pine&U The First" consists of one building with 4 basement floors and up to 15 floors above ground. The complex includes 280 urban lifestyle housing units of 18㎡ (exclusive area), 76 officetel units of 22㎡, and neighborhood living facilities.

The Gyeongsan Knowledge Industry District is the largest free economic zone in Gyeongbuk, being developed on a scale of 3,823,000㎡. It is six times the size of Pangyo Technovalley. Currently, companies in construction machinery and automobile parts, as well as national research institutions such as Gyeongbuk Technopark and Korea Institute of Industrial Technology, are located there. Within the district, Daegu Catholic University's "Gyeongsan Industry-Academia Convergence District," selected last November by the Ministry of Trade, Industry and Energy as part of the "Industry-Academia Convergence District Creation Project," will also be established.

The district is expected to see improved access to major areas of Daegu with the planned opening of Hayang Station, an extension of Daegu Metro Line 1, in 2023. The Cheongtong-Wachon IC on the Daegu-Pohang Expressway is just a 5-minute drive away.

The complex will feature a coin laundry and a rooftop garden, along with a community center equipped with a cafeteria, fitness center, and GX room. Nearby amenities include Hanaro Mart and Megabox, and the "Shinsegae Premium Outlet" is scheduled to open in 2023.

Each unit will be provided with fully built-in furniture made from eco-friendly materials.

Hayang-eup, Gyeongsan, where the complex is located, is a non-regulated area, so capital gains tax or increased property tax will not apply. The company plans to offer interest-free loans covering 10% of the contract deposit and 60% of the interim payment.

The promotional center is located at 266-102 Ansim-ro, Dong-gu, Daegu.

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