'Yeondong Hanil Verace Parkview' Emerges in Jeju's Most Convenient Central Living Area
In the apartment sales market, 'one-stop living' apartments, where daily life can be mostly managed within the complex without having to go far due to well-established living infrastructure around the complex, are gaining popularity. These apartments already have sufficient convenience facilities such as transportation, education, work, and shopping, allowing for a convenient living experience immediately upon moving in. Additionally, as these apartments are highly preferred by consumers, demand continues to flow steadily, resulting in stable housing price increases.
In fact, a recent survey by a real estate research firm targeting 200 adults nationwide found that 26.1% of respondents considered 'surrounding infrastructure' as the most important factor when choosing an apartment.
When asked, "Which apartment would you choose if the price is the same?" 35.1% of respondents chose "apartments with green spaces such as parks," showing the highest preference.
As apartments with well-established living infrastructure gain popularity, apartments supplied in urban areas with good living infrastructure tend to have more intense subscription competition compared to those without.
According to Korea Real Estate Board's Subscription Home, from the beginning of this year to April, apartments supplied through redevelopment and reconstruction in urban areas with well-established living infrastructure had an average first-priority subscription competition rate of 8 to 1, higher than the average 5.7 to 1 for general apartments during the same period.
In 2022 and 2021, the average first-priority subscription competition rates for nationwide redevelopment and reconstruction apartments were 13.8 to 1 and 23 to 1, respectively, surpassing the nationwide general apartment averages of 7.4 to 1 and 18.7 to 1 during the same periods.
The popularity of apartments with well-established living infrastructure in the sales market is due to the recent restructuring of the housing market around actual demand, with consumers increasingly considering both investment value and residential convenience.
Especially as the standards of apartment seekers rise, there is a strong tendency to prefer locations where they can enjoy schools, living infrastructure, and transportation all in one place, rather than being satisfied with just one advantage.
Amid this trend, an apartment complex in Yeondong, Jeju City, the central living area of Jeju, equipped almost perfectly with surrounding living infrastructure such as education, transportation, shopping, work, and culture, is attracting attention.
The protagonist is 'Yeondong Hanil Verace Parkview,' supplied by Hanil Construction through a small-scale reconstruction project in the Yeondong area of Jeju City. This complex consists of two buildings ranging from four basement floors to 15 above-ground floors, with 154 residential units of exclusive areas 50, 73, 75, 83, and 84 square meters in a mixed-use residential complex.
The greatest advantage of Yeondong Hanil Verace Parkview is that, being located in Yeondong, the very center of Jeju, residents can conveniently use the abundant living infrastructure already established around the complex.
First, the transportation conditions are excellent. It is easy to access Jeju International Airport and Jeju Port, and major arterial roads such as Yeonbuk-ro and Noyeon-ro are conveniently accessible. There is a wide-area bus stop about a 3-minute walk from the complex.
The surrounding living infrastructure is also well established. Large marts such as E-Mart and Lotte Mart are near the complex, and hospitals like Halla Hospital and Jungang Hospital are easily accessible. Additionally, major financial institutions, Jeju Provincial Government Office, and various financial, administrative, and business facilities are close to the complex.
Educational conditions are favorable as well. The complex is surrounded by representative school districts of Jeju, including Sinjeju Elementary School, Jeju Jungang Middle School, Jeju Jeil High School, and Namnyeong High School. Nearby educational facilities such as the municipal library and convenient access to academies further enhance the educational environment.
The surrounding residential environment is also pleasant. There are abundant green spaces around the complex, including Yeondong Neighborhood Park, Children's Park, Halla Arboretum, Namjosun Oreum, and Min Oreum. Some unit types even offer views of Hallasan Mountain.
The economical and practical interior design also draws attention. Yeondong Hanil Verace Parkview is designed with seven unit types ranging from 50 to 84 square meters, which are highly preferred by actual demanders, broadening the choices for consumers. Moreover, the exclusive use rate is designed higher than other apartment complexes, providing a larger usable area.
Considering the shortage of parking spaces in Jeju City, the parking lot is designed generously. The average number of parking spaces per household reaches 1.24. Additionally, a 100% self-parking system is applied, and parking spaces for electric vehicles, whose usage has recently increased, are also provided, enhancing residents' living convenience.
Convenience facilities such as a rooftop garden and a second-floor community garden are also created within the complex. Furthermore, advanced systems including home network, parking control, heat exchange ventilation, bathroom phone, and high-definition CCTV are installed, along with eco-friendly and energy-saving facilities such as water-saving pedal kitchen faucets, food dehydrators, bidets in the couple's bathroom, and condensing boilers.
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A sales representative of Yeondong Hanil Verace Parkview stated, "Located in Jeju's Myeongdong area with well-established living infrastructure, combined with reasonable prices, special benefits, and high-quality product completeness, the complex is continuously attracting interest not only from actual demanders but also from investors."
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