Attention Drawn as KCC Construction's 'Switzen' Brand Town Established in Jeonhadong, Dong-gu, Ulsan
'KCC Switzen Welztower 2 Complex' Residential Office-tel 200 Units Scheduled for Subscription This Week
Switzen Brand Town of Over 1,000 Households Formed... Premium Expectations Anticipated
KCC Construction is drawing attention by embarking on the creation of a large-scale Switzen brand town in the Dong-gu area of Ulsan Metropolitan City.
KCC Construction will conduct subscriptions for 200 residential officetel units of 'KCC Switzen Welztower Phase 2,' located in the Dong-gu area of Ulsan Metropolitan City, from Thursday the 25th to Friday the 26th. Amid growing interest in small-sized housing facilities due to the increase in 1-2 person households, the complex consists of 80 units of 1.5-room type sized 26?28㎡, meeting the needs of the demand segment, and 120 units of apartel (2 rooms or more) sized 55?59㎡, which are gaining popularity as alternatives to small apartments.
Along with the actively progressing construction of ‘KCC Switzen Welztower Phase 1,’ this will be the final piece of the KCC Construction Switzen brand town in the Dong-gu area of Ulsan. Once this complex is supplied, a large-scale Switzen brand town of about 1,000 households will be formed in Dong-gu, Ulsan, maintaining strong interest.
Therefore, residents are expected to benefit from the premium advantages brought by the large-scale brand town development, and this supply complex is anticipated to attract significant attention.
An industry insider stated, "Large-scale brand towns tend to quickly establish excellent residential environments based on abundant demand and often become landmarks representing the region, showing advantages in price appreciation and liquidity. Especially, subsequent complexes within brand towns tend to gain more popularity due to their already verified locations and product qualities. Therefore, the follow-up complex of the KCC Switzen brand town supplied in Ulsan this time is expected to attract considerable interest."
In fact, in the real estate market, follow-up complexes formed by large-scale households in the same area continue to attract demand and real estate funds daily. For example, 'Gagyeong I-Park Phase 5,' supplied in Gagyeong-dong, Heungdeok-gu, Cheongju City, in December last year, drew attention as a follow-up complex forming a large-scale brand town of about 3,600 households together with Phases 1 to 4, finishing subscriptions with a highest competition rate of 49.79 to 1 and completing contracts in a short period.
Also, 'Hillstate Doan Phase 2,' supplied in Doan New Town, Daejeon, in November of the same year, attracted popularity by forming a brand town of about 1,000 households together with Phase 1, receiving a total of 34,740 subscription applications and closing subscriptions with an average competition rate of 67.32 to 1.
Meanwhile, the KCC Switzen Welztower Phase 2 officetel to be supplied this time is also expected to attract high interest due to its excellent residential conditions, allowing residents to enjoy major educational, shopping, cultural, medical, and business facilities in Dong-gu, Ulsan, all within walking distance.
The complex boasts an excellent educational environment with Jeonha Elementary School and the nation’s largest municipal childcare support center located within walking distance. Cultural, convenience, and medical facilities such as Hyundai Department Store Dong-gu Branch, Hanmaeum Hall, Hyundai Arts Center, and Ulsan University Hospital are also accessible on foot, enhancing residential convenience.
Additionally, the surrounding area is rich in green spaces, with Myeongdeok Lake Park featuring walking trails and courses, Badrae Park with a water play area, Yeompo Mountain hiking trails, Hyundai Arts Park, Geunmaeul Reservoir, Daewangam Park, and Ilsan Beach nearby. Moreover, the proximity to the Bangojin Ring Road facilitates easy access to the central area of Ulsan, ensuring excellent transportation conditions.
The complex is also expected to have solid and stable rental demand, a key factor for officetels. Notably, Hyundai Heavy Industries is located just a 3-minute walk away, securing large-scale housing demand for 1-2 person households. Hyundai Mipo Dockyard, Ulsan College of Science, Ulsan University Hospital, and Hyundai Department Store are also nearby, attracting demand from related workers. Furthermore, the adjacent Ulsan Techno General Industrial Complex, Ulsan Petrochemical Industrial Complex, and Onsan National Industrial Complex are expected to contribute to absorbing additional demand, forecasting further growth in rental demand.
Meanwhile, the complex draws attention by maximizing residential comfort through KCC Construction’s differentiated design. It offers alpha spaces such as dressing rooms and alpha rooms, applying innovative designs optimized for space utilization. The plan includes various layouts such as ‘1.5-room,’ ‘2-room + living room + dressing room,’ and ‘2-room + living room + alpha room,’ broadening the selection range for demanders.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- Signed Without Viewing for 1.6 Billion Won... Jamsil and Seongbuk Jeonse Prices Jump 200 Million Won in a Month [Real Estate AtoZ]
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
The model house for KCC Switzen Welztower Phase 2 officetel is located in Dong-gu, Ulsan Metropolitan City.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.