Songdo International City, 'Hillstate Lake Songdo 5th Phase' for Sale with Prime Location and Quality Features

The real estate market in Songdo International City is reviving. Recently, as the trend of rising housing prices spreads throughout the Seoul metropolitan area, led by Seoul, record-breaking transactions are occurring one after another, driving the market rebound.

According to the Ministry of Land, Infrastructure and Transport's actual transaction price data, in July this year, the 84㎡ exclusive type of 'The Sharp First World' was traded at a record high of 1.15 billion KRW. This is an increase of 180 million KRW compared to the previous record high about seven months ago.

Additionally, the 135㎡ exclusive types of 'Songdo Xi Harbor View' Complex 1 and Complex 2 found new owners at 1.68 billion KRW and 1.535 billion KRW respectively, setting new record prices again.

The key point to check here is that the complexes experiencing the record price rally are 'waterfront apartments' adjacent to lakes. In fact, both The Sharp First World and Songdo Xi Harbor View are located very close to Central Park Lake Park and Haedoji Park.

An industry insider said, "Waterfront apartments offer not only open views but also well-equipped walking paths with exercise and leisure facilities, resulting in high residential satisfaction," adding, "Therefore, complexes adjacent to lakes are traded at relatively higher prices."

Indeed, according to the Ministry of Land, Infrastructure and Transport's actual transaction price data, the 84㎡ exclusive type of 'Songdo Central Park Prugio,' which is adjacent to Central Park, was traded at 942 million KRW in July this year. On the other hand, the 84㎡ exclusive type of the nearby 'S Complex,' which is relatively farther away, was traded at 778 million KRW in the same month, showing a significant price difference.

Meanwhile, attention is focused on 'Hillstate Lake Songdo Phase 5,' which is being developed near the waterfront lake in Songdo.

Hyundai Construction is currently selling 'Hillstate Lake Songdo Phase 5' in Songdo-dong, Yeonsu-gu, Incheon Metropolitan City. The complex will consist of 12 buildings, ranging from 2 basement floors to 26 above-ground floors, with a total of 722 households and exclusive areas ranging from 84 to 215㎡.

Songdo Landmark City, where the complex is located, is an international city harmonizing residential facilities, international facilities, tourism, and leisure on a site of approximately 5.8 million㎡. About 27,000 residential units will be developed. Among them, about 5,000 households will be under the Hillstate brand. Up to Phase 3 of Hillstate Lake Songdo, a total of 2,875 households have been completed, and with Phase 4's 1,319 households scheduled for occupancy in July 2025 and this Phase 5's 722 households, a large Hillstate town of 4,916 households is expected to be established.

The complex is located in a prime spot in Songdo Landmark City, adjacent to the waterfront lake, providing convenient access to Landmark City 3rd Waterfront Park. Additionally, some units secure permanent views of the waterfront lake and the West Sea. Nearby, the West Sea coastline features Landmark City 1st Waterfront Park with a total area of 263,000㎡ and a total length of 4.2 km, Songdo Dalbit Festival Park, and Songdo Central Park.

Moreover, large shopping centers such as Hyundai Premium Outlet, Costco, NC Cube Canal Walk, Lotte Mart (Songdo branch), and Homeplus (Songdo branch) are located nearby. E-Land Mall (planned), Lotte Mall Songdo (planned), and Songdo Severance Hospital (scheduled for 2026) will also be established, enabling convenient living.

The outstanding product features also stand out. A terrace floor plan specialization design is applied (except for some types), and alpha rooms, pantries, large entrance storage, and dressing rooms (except for some floor plans) are introduced to provide ample storage space. Additionally, the tower-type ceiling height is designed at 2.5m, and the terrace building ceiling height is 2.7m, offering excellent openness.

Community facilities include 'H Private Swing,' a one-person rehabilitation swimming platform, as well as a guest house and party room. For residents' health, there are sports facilities such as screen golf, golf practice range, fitness center, and GX room, along with private reading rooms, study rooms, and a book caf? for residents' children.

The model house for Hillstate Lake Songdo Phase 5 is located in Songdo-dong, Yeonsu-gu, Incheon Metropolitan City, and on the 17th, a lottery event will be held to provide visitors with prizes such as massage chairs, electric bicycles, and air purifiers. The model house is open for visits until the 18th.

The contract conditions reduce the initial financial burden on buyers with a 5% down payment, and resale is possible before the interim payment loan (after 6 months).

Meanwhile, the subscription schedule for Hillstate Lake Songdo Phase 5 starts with special supply on Monday, August 19, followed by first priority on Tuesday, August 20, and second priority on Wednesday, August 21. The announcement of winners will be on Tuesday, August 27, and the official contract will take place over three days from Monday, September 9 to Wednesday, September 11. The model house is set up in Songdo-dong, Yeonsu-gu, Incheon Metropolitan City.

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