Full-Scale Development of Ulsan's Self-Sufficient Urban Center Begins... 'Ulsan Station Poliscia IU Shell' Expected to Benefit from Prime KTX Location

Development projects around KTX Ulsan Station, which had previously stalled, have recently begun to gain momentum as several initiatives are becoming more concrete. Large-scale projects such as the New On City complex, the station area convergence district, and the Ulsan Free Economic Zone R&D Business Valley are being actively promoted around KTX Ulsan Station. These efforts signal the full-scale creation of a new self-sufficient urban center in Ulsan, with the western region of Ulsan emerging as a future hub integrating transportation, industry, and residential functions.

Job creation and population inflow are also anticipated as a result of these developments. With the recent designation of a specialized secondary battery cluster, approximately 70,000 new jobs are expected, and the corresponding large-scale demand for housing is projected to concentrate in the western region of Ulsan. The expansion of living areas is also accelerating, thanks to the synergy between the Gyeongbu Expressway and Donghae Expressway networks that connect Ulsan internally as well as with Busan and Gyeongnam, along with the wide-area accessibility of KTX Ulsan Station.

The expansion of living infrastructure is also underway in earnest. Large commercial and cultural facilities, which had been lacking around Ulsan Station, are planned for the area. In addition, new elementary, middle, and high schools are scheduled to be established nearby, and an international school is planned within the urban convergence special zone, raising expectations for improvements in the educational environment.

A real estate expert commented, "The western region of Ulsan had long been undervalued due to delayed development, but as development around the KTX station area accelerates, the atmosphere is changing. With abundant development opportunities centered on KTX Ulsan Station, the area is expected to emerge as Ulsan's new urban center upon completion of these projects."

Since the major development opportunities in the western region of Ulsan are centered around the KTX station, 'Ulsan Station Poliscia IU Shell' is cited as a representative beneficiary among the various ongoing projects. This complex will be built adjacent to KTX Ulsan Station, in Sinhwa-ri, Samnam-eup, Ulju-gun, Ulsan Metropolitan City, and will consist of four buildings ranging from three basement levels to 26 above-ground floors. It will offer a total of 523 residential units, including 357 apartments (exclusive area of 84 to 118 square meters) and 166 officetel units (exclusive area of 84 square meters).

This complex is subject to the pre-sale price cap system for public housing sites. The exclusive 84-square-meter units are priced between 397.8 million won and 478.3 million won, while the exclusive 118-square-meter units are priced between 529.2 million won and 567 million won. With price competitiveness similar to apartments built within the past 10 years in the area, the project is expected to attract interest from both end-users and investors.

A sales representative for 'Ulsan Station Poliscia IU Shell' recently stated, "Since the acceleration of development plans centered around KTX Ulsan Station, including self-sufficient new city projects like New On City and wide-area railway networks, inquiries have been pouring in from outside the region, and the mood in the local real estate market is changing daily. With the triple advantages of benefiting from development opportunities, pre-sale price caps, and specialized design, we expect sales to proceed successfully as the atmosphere has completely shifted."

Meanwhile, the model house for Ulsan Station Poliscia IU Shell, which is scheduled to officially open at the end of October, is located near Ulsan Station.