Hyundai Engineering Opens Sales Promotion Center for 'Hillstate Haeundae Central' on the 10th

41-Story, 238-Unit Residential Accommodation with Exclusive Areas of 42~149㎡
Located in the Heart of Haeundae...Panoramic Views, Premium Amenities, Concierge Service
Subscription Applications Accepted via Website for 3 Days from 15th to 17th...Winners Announced on 20th

Hillsstate Haeundae Central bird's-eye view.

Hyundai Engineering announced on the 9th that it will open a sales promotion center on the 10th and officially begin the sales schedule for the ‘Hillstate Haeundae Central’ residential lodging facility located in Haeundae, Busan.

‘Hillstate Haeundae Central’ is a residential lodging facility to be built on three lots (544-6, 544-7, and 544-8) in Udong, Haeundae-gu, Busan, consisting of 238 units ranging from 42 to 149㎡ in exclusive area, with 8 basement floors and up to 41 floors above ground. It offers a variety of floor plans from penthouse types to small units.

Located in a central area enjoying all of Haeundae’s infrastructure nearby

The complex is situated within a 4-minute walk from Haeundae Station on Busan Subway Line 2, making it a transit-oriented location. Numerous city bus routes serving all over Busan are available at nearby bus stops. Additionally, it is close to Wondong IC, Dongbusan IC, Gwangandaegyo Bridge, and Jangsan Tunnel, enabling convenient access to both inside and outside Busan city. The Haeundae Intercity Bus Terminal, Busan-Ulsan Expressway, and Busan Outer Ring Road are also nearby, providing excellent metropolitan transportation networks.

Furthermore, additional transportation development projects are underway, including the opening of the Mandeok-Centum underground expressway (scheduled for 2024), Sasang-Haeundae expressway (scheduled for 2026), and the extension of Subway Line 2 (planned). The nearby Shin-Haeundae Station is also scheduled to open the semi-high-speed KTX-Eum train connecting to Cheongnyangni Station (scheduled for 2022).

The Haeundae beach is accessible on foot, and green spaces such as Dongbaek Island and Songlim Park are close by. Various shopping and cultural facilities including Shinsegae Department Store, E-Mart, Homeplus, Lotte Department Store, BEXCO, and the Busan Cinema Center are also located nearby.

Introducing Hillstate’s innovative design... showcasing a difference in sophistication

The complex incorporates Hillstate’s unique innovative designs throughout.

With 41 floors, it offers excellent views, and a panoramic view design has been introduced inside so that residents can enjoy views of Haeundae beach and the Busan skyline from the living room and bedrooms (in some unit types). Additionally, features such as pantries and balconies have been added (in some unit types) to enhance space utilization and storage capacity.

Notably, all unit types have ceiling heights of over 2.5 meters, with integrated floor finishes, extended art walls, and ceiling lighting designed to extend into the balcony space. The wide balcony, measuring 6.0 meters in length, features ultra-slim sliding doors with a 6-panel configuration (3 panels on the left & 3 panels on the right, 2 sets), varying by unit type.

Moreover, all bathrooms are equipped with a smart ventilation system that includes ventilation, heating, dehumidification, and hair & body dryer functions. The smart showerhead Canvas H notifies users of water usage, helping reduce utility costs. The kitchen and dining areas feature built-in refrigerators with both refrigeration and freezing functions, equipped with the latest touch-type electric opening doors for a slim kitchen fit without protruding handles. Additionally, Hyundai Engineering’s specialized switches are installed in the units, enabling voice control for lighting on/off, and adjustable brightness and color temperature via dial or a dedicated mobile app.

Providing high-end amenities and concierge services

High-end amenities will also be provided. The basement level 1 will include a theater room, private spa, and screen golf facilities. On the 3rd floor, fitness facilities, a members’ lounge, and a private business center will be available. The top floor will feature a rooftop garden, infinity pool (rooftop pool), sky lounge bar, and rooftop landscaping (garden).

Additional services such as breakfast delivery, car sharing, catering, home cleaning, laundry service, and garden parties (some services may vary) are being prepared. The project owner plans to establish an SPC (special purpose corporation) to manage the building and lodging facilities collectively, and the reservation and operation of the lodging facilities will be entrusted to Daemyung Sono.

A Hyundai Engineering sales official stated, "This is a residential lodging facility product that continues to enjoy high popularity in the real estate market recently. Since it is located in an excellent central location in Haeundae and will apply Hillstate’s superior product design, it is attracting a lot of interest."

Since ‘Hillstate Haeundae Central’ is developed as a residential lodging facility, it is relatively free from various regulations. Anyone aged 19 or older nationwide can apply without a subscription savings account, and there are no resale restrictions. It is not counted as a housing unit, so it is exempt from capital gains tax surcharges and comprehensive real estate tax, reducing tax burdens. Furthermore, as it is a product sold before January 2022, it is not subject to the borrower-level DSR regulation at the time of balance loan disbursement, which has recently become an issue, further reducing consumer burdens.

The sales promotion center will be set up in the Udong area of Haeundae-gu, Busan, and will operate by advance reservation through the website to prevent the spread of COVID-19. Sample rooms of the main types A2 and A3 will be built for direct viewing at the sales center, and a virtual sales promotion center using metaverse technology will be introduced on the website. Subscription applications will be accepted through the website for three days from the 15th to the 17th. Winners will be announced on the 20th, and formal contracts will be conducted over three days from the 22nd to the 24th.

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