Hyundai Construction to Begin Official Contracts for 'Hillstate Shin-yong The River' from the 11th of Next Month

Hyundai Engineering & Construction is supplying 'Hillstate Sinyong The River,' located in Sinyong-dong, Buk-gu, Gwangju Metropolitan City.

According to Hyundai Engineering & Construction on the 31st, the official contract for this complex will be held for three days from the 11th to the 13th of next month. The complex consists of 19 buildings from basement level 2 to ground level 29, with a total of 1,647 households ranging in exclusive area from 74 to 135㎡, of which 206 units will be offered for general sale.

Hillstate Shin-yong The River perspective. [Photo by Hyundai Engineering & Construction]

By exclusive area, the units are composed of various housing types including ▲74㎡B 10 units ▲84㎡A 4 units ▲84㎡B 4 units ▲84㎡C 1 unit ▲84㎡D 2 units ▲104㎡A 175 units ▲135㎡ penthouse 10 units. As a post-sale complex, move-in is scheduled for March next year.

Earlier, during the subscription application held over two days from the 21st to 22nd of this month, Hillstate Sinyong The River received a total of 1,205 applications for 194 units (excluding special supply), showing an average competition rate of 6.21 to 1.

The complex will be developed as a station-area complex within 500 meters radius of the planned opening of Sinyong Station (tentative name) on Gwangju Urban Railway Line 2. According to the Gwangju Urban Railway Construction Headquarters, the second phase section passing near the complex is scheduled to begin construction in October and is planned to be completed by 2029.

Residents can also enjoy abundant living infrastructure. Shopping and convenience facilities such as Lotte Mart Cheomdan Branch, CGV Gwangju Cheomdan Branch, Megabox Cheomdan Branch, and Lotte Cinema Gwangju Cheomdan Branch (scheduled to open in June 2024) are nearby. Additionally, large hospitals such as Cheomdan General Hospital and Gwangju Veterans Hospital are conveniently accessible.

Within 300 meters radius of the complex, Yongdu 2 Elementary School (scheduled to open in March 2025) will be established, and safe walking to school will be possible through the construction of Bitgoeul-daero Overpass (tentative name). Other nearby schools include Yongdu Elementary School, Yongdu Middle School, Sinyong Middle School, and Bitgoeul High School.

The building coverage ratio of the complex is 12.94%, maximizing the distance between buildings. The ground space has been significantly expanded with walking paths, play areas, and resting spaces to provide a pleasant residential environment while minimizing privacy intrusion. The complex is arranged mainly facing south for all households to enjoy natural lighting, and a 4Bay cross-ventilation structure (excluding some units) design has been applied.

A sales official stated, “As a large-scale Hillstate brand complex with 1,647 households and featuring an exterior and landscaping design rarely seen in the area, it is expected to become a landmark complex within the region.”

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