Hillsstate Siheung Daeya Station bird's-eye view.

Hyundai Engineering's residential officetel 'Hillstate Siheung Daeya Station' supplied in Eungye District, Siheung-si, Gyeonggi-do, recorded an average subscription competition rate exceeding 700 to 1.

According to the industry on the 20th, Hillstate Siheung Daeya Station held subscriptions online from the 18th to the 19th, attracting a total of 106,876 applicants for 150 units, resulting in an average competition rate of 712.5 to 1.

The highest competition rate was 1,150.9 to 1 in the C-zone 2 group’s other areas. In addition, other groups showed consistently high competition rates, including 687.7 to 1 in C-zone 1 group other areas and 610.5 to 1 in A·B-zone 1 group other areas.

As a residential officetel, anyone aged 19 or older can apply regardless of homeownership or subscription savings account status, and resale is allowed, which is analyzed to have contributed to the subscription success.

A sales official stated, “As a station-area complex near Seohae Line Siheung Daeya Station with an excellent residential environment within Eungye District, combined with various specialized designs and brand premium offered by Hillstate, it has attracted early and significant interest. While it holds high product value, it is relatively free from regulations compared to apartments, so a successful outcome was expected.”

Hillstate Siheung Daeya Station will proceed with contracts from the 22nd to the 23rd. Contracts can be made by visiting the model house from 10 a.m. to 4 p.m.

This complex consists of 2-3 room residential officetels with a ceiling height of 2.4m in all units, planned to reach 2.6m including tray ceilings. The exclusive 57㎡AT and 57㎡BT units also feature terrace spaces that can be used as hobby areas or home cafes. Security and convenience systems such as Hillstate’s smart home system 'Hi-oT' and unmanned parcel lockers will be introduced. Landscaping and community facilities like outdoor gardens, rooftop gardens, fitness centers, and private libraries enhance the overall quality.

In terms of location, it is situated within walking distance of Seohae Line Siheung Daeya Station, with excellent transportation access including the Metropolitan Area 1st Ring Expressway, 2nd Gyeongin Expressway, Siheung IC, and future expansions such as Gwangmyeong-Seoul Expressway (scheduled for 2024), Shinansan Line (scheduled for 2024), 2nd Gyeongin Line (planned), and Shinguro Line (Siheung Daeya~Mokdong, planned). Additionally, Eungye Elementary, Eungye Middle, and Eunhaeng High Schools nearby provide a superior educational environment, and residents can conveniently use infrastructure across three living zones: Siheung Daeya Station area, Eungye District, and Siheung original downtown.

Hillstate Siheung Daeya Station is composed of a total of 150 residential officetel units ranging from basement level 5 to ground level 10, mainly small to medium-sized types preferred by consumers, with exclusive areas of 57, 71, and 84㎡, along with 27 neighborhood living facilities.

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