‘Ulleung Haneulchae The First’ Promotion Center Scheduled to Open on the 11th

- 4 Buildings from B3 to 20F, Exclusive Area 49~94㎡, Total 448 Households
- 100% Land Contract Signed... Ocean View Secured for All Units

‘Ulleung Haneulchae The First,’ the first premium brand apartment supplied on Ulleungdo, is scheduled to open its promotional center from 10 a.m. on the 11th, attracting significant attention from prospective buyers. It is expected to be highly popular due to its excellent location on Ulleungdo and the inclusion of various community facilities such as an outdoor camping zone, healing lounge, and infinity pool.

Located in the Jeodong 4-gil area of Ulleung-eup, Ulleung-gun, Gyeongbuk, ‘Ulleung Haneulchae The First’ will consist of 4 buildings ranging from 3 basement floors to 20 above-ground floors, with a total of 448 units and exclusive areas ranging from 49 to 94㎡. The number of units by exclusive area is ▲49㎡A 19 units ▲49㎡B 40 units ▲49㎡C 39 units ▲59㎡A 110 units ▲59㎡B 117 units ▲59㎡C 120 units ▲94㎡ 3 units.

‘Ulleung Haneulchae The First’ boasts an excellent location. It is close to Jeodong Port, the representative residential area of Ulleungdo, and has a favorable educational environment nearby, including Jeodong Elementary School, Ulleung High School, and Ulleungdo Library. A large Lotte Supermarket of approximately 400 pyeong is planned to open within the complex, enabling convenient living.

As the first premium brand apartment supplied on Ulleungdo, its product value is also outstanding. The exterior of the complex will feature a sophisticated and impressive design that reflects the coastal characteristics of the site and the coastal terrain of Ulleungdo. Additionally, delicate details such as glass railings to minimize salt damage and secure views, and facade-divided windows to withstand typhoons and sea winds will be applied to create a safe and refined complex image.

All units offer ocean views, and the open vistas allow residents to enjoy a relaxing rest in a nature-friendly design. Being built up to 20 floors above ground, it is highly likely to become a landmark on Ulleungdo.

The complex will include various community facilities such as walking trails, observatories, outdoor camping sites, healing lounges, ocean-view fitness centers, infinity pools, and indoor golf practice ranges, allowing residents to enjoy a green lifestyle. A high-end premium shared lounge space will be provided where neighbors can meet new scenery and enjoy a special daily life. The latest smart home system will also be applied for convenient and intelligent use from the apartment parking entrance to inside the units.

Moreover, it is worth noting that the housing supply rate on Ulleungdo is low, and there has been no supply of new private brand apartments for about 40 years, making this project highly rare.

According to the Gyeongbuk Statistical Yearbook, the housing supply rate in Ulleung-gun was only 70.2% as of 2020. Looking at the actual transaction prices from the Ministry of Land, Infrastructure and Transport, the only apartment with sales transactions on Ulleungdo is the ‘Ulleung Sangnok’ apartment, which was completed in 1982. This apartment has only 111 units and is too old for actual residence, making the supply of new apartments urgent.

Furthermore, attention should be paid to the possibility of a ‘radical transformation’ after the opening of Ulleung Airport. As the number of tourists increases, the local economy will be revitalized, creating a virtuous cycle where housing demand also rises. When Ulleung Airport opens in 2028, the travel time between Seoul and Ulleung will be reduced from the original 6 to 9 hours to about 1 hour. Accordingly, the annual number of tourists is expected to exceed 1 million, up from the current 400,000.

In particular, ‘Ulleung Haneulchae The First,’ which is currently preparing for supply, has completed 100% of the land contracts and plans to start construction after obtaining business approval following the establishment of the housing association, drawing attention. As the apartment completion is expected to coincide with the opening of Ulleung Airport, interest from both Ulleung residents and outsiders is expected to increase further.

The eligibility for applying as a local housing association member is residents who have lived in Gyeongsangbuk-do or Daegu Metropolitan City for more than six months. No housing subscription savings account is required, membership is on a first-come, first-served basis, and unlimited resale is possible until the business approval application.

The construction company is Kolon Global Co., Ltd., well known nationwide for using the ‘Haneulchae’ brand, and funds will be safely managed by Mugunghwa Trust Co., Ltd. Additionally, the first 100 members to join will receive full-option home appliances worth 10 million KRW (excluding VAT, based on consumer price), so prospective buyers interested in ‘Ulleung Haneulchae The First’ are advised to join the association quickly.

The promotional center for ‘Ulleung Haneulchae The First’ is located in Sadong-ri, Ulleung-eup, Ulleung-gun, Gyeongbuk.

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