Hyundai Construction, 'Hillstate Doan River Park' Achieves Highest Competition Rate of 72 to 1

- A Total of 6,256 Subscription Applications Received, This Year’s Highest Number of Subscription Accounts in Daejeon
- The Largest Scale in Chungcheong Region, Driven by Differentiated Product Features Rarely Seen Nearby

Hyundai Construction's 'Hillstate Doan River Park,' launched in the Yuseong-gu area of Daejeon, recorded the highest number of first-priority subscription applications in Daejeon this year.

According to the Korea Real Estate Board's subscription website, Hillstate Doan River Park, which received first-priority subscription applications on the 23rd (Tuesday), attracted 6,256 applications for a total of 1,548 households (excluding special supply), achieving an average competition rate of 4.04 to 1. Including special supply applications, a total of 6,822 applications were received, with the highest competition rate being 72 to 1 for the 151㎡ P-type unit in Complex 1.

Industry experts consider such subscription results for a newly launched complex in a provincial area to be an exceptional achievement. According to Real Estate R114 data on the 23rd, there were a total of seven complexes launched in Daejeon this year, but only one complex attracted more than 1,000 first-priority subscription accounts. In particular, the total number of first-priority subscription accounts submitted to the seven complexes was 2,394, which is less than half of the subscription accounts received by Hillstate Doan River Park. Despite the sluggish sales market, Hillstate Doan River Park exceeded expectations and showed successful subscription results.

The success factors are analyzed to include the symbolic significance of being the largest branded town in the Chungcheong region, located in Doan New Town, known as the 'Gangnam' of Daejeon. Additionally, the proximity to the planned Daejeon National Industrial Complex, offering convenient commuting, a comfortable and pleasant residential environment, and differentiated product qualities befitting the 'Hillstate' brand value were also cited as reasons for success.

In fact, the Hillstate Doan River Park model house, which opened on the 19th (Friday), attracted about 25,000 visitors over three days, creating a bustling scene. Visitors highly praised the complex's premium finishing materials, specialized design, various floor plans, and location.

Hillstate Doan River Park consists of five complexes, ranging from two basement floors to a maximum of 35 floors above ground, with a total of 51 buildings and 5,329 households. The first phase supplies 2,561 households in Complex 1 (1,124 households) and Complex 2 (1,437 households). Excluding rental units, 2,113 households were offered for general sale: 891 in Complex 1 and 1,222 in Complex 2. Second-priority subscription applications will be accepted on the 24th (Wednesday), and applications can be submitted regardless of the subscription account subscription period. The announcement of winners is scheduled for July 30 (Tuesday) for Complex 1 and July 31 (Wednesday) for Complex 2, with official contracts taking place over five days from August 12 (Monday) to August 16 (Friday).

Both Complex 1 and 2 will include facilities such as a golf practice range, fitness center, reading room, H i-Sup, H With Pet, sauna, laundry room, and guest house. Notably, Complex 1 will feature a swimming pool, while Complex 2 will have a private cinema. These amenities, including the rare swimming pool, guest house, and private cinema, are unique in the area. Additionally, buildings with lines above the 25th floor will be equipped with at least two elevators, including emergency elevators, to enhance residents' convenience.

Considerable attention was also given to the interior of the units. All housing types include ample storage spaces such as entrance closets and master bedroom dressing rooms. The 84㎡ A-type units feature a 4Bay slab-type structure allowing cross ventilation and a hotel-style dry washbasin for a comfortable and luxurious feel. Options are provided to customize the dining room according to residents' preferences, and bedrooms 2 and 3 can be combined to create a room-in-room layout.

The excellent location is another advantage. Gyochon-dong, where the planned Daejeon National Industrial Complex will be developed, is located within a 2 km radius. This area is expected to attract nano-semiconductor industries, aerospace, and urban air mobility (UAM)-related industries, positioning Hillstate Doan River Park as a representative large-scale branded apartment complex offering convenient live-work proximity in the future.

The Hillstate Doan River Park model house is located in the Doan-dong area of Seo-gu, Daejeon Metropolitan City, with move-in scheduled for August 2027 (Complex 1) and September 2027 (Complex 2).

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