by Jung Jin
Published 19 Feb.2024 11:00(KST)
'Ulsan Daun 2 District Woomirin The Signature,' the first privately sold apartment in Ulsan Daun 2 District, announced that its contract sales are continuing smoothly.
The industry attributes this popularity to the brand town effect, which is becoming more prominent amid market uncertainties, as well as the reasonable sale prices due to the application of the price ceiling system.
Woomirin The Signature is the only large-scale apartment complex in Ulsan Daun 2 District, located in the Daun 2 District area. It consists of 20 buildings ranging from 3 basement floors to 25 above-ground floors, with a total of 1,430 units of 84㎡ exclusive area. Woomi Construction plans to supply two more complexes in Daun 2 District in the future, forming a Woomirin brand town of about 3,000 households.
Additionally, since the complex is built on public land, the price ceiling system is applied, resulting in reasonable sale prices. The sale price starts from around 11 million KRW per 3.3㎡, and for the 84㎡ exclusive area, it is set from the high 300 million KRW range to the 400 million KRW range.
An official from Daun-dong A Real Estate in Ulsan said, "Usually, the first sale complex in a land development district is priced lower compared to future complexes, so the price merit is expected to increase further," adding, "Also, the recent sales market has not stopped seeing price increases due to rising construction costs, so this merit is expected to add up, leading to evaluations that the price is quite reasonable."
Meanwhile, Ulsan Daun 2 District Woomirin The Signature is gaining more attention due to its excellent location and outstanding product value within Ulsan Daun 2 District.
In fact, the complex is evaluated as having the best location within the district. Planned elementary, middle, and high schools, commercial sites, and neighborhood parks are all within walking distance, making them conveniently accessible. Furthermore, in January, it was confirmed that the (tentative name) Seosa Kindergarten, scheduled for completion in February 2026, will be built right next to the complex, which is expected to further improve educational conditions.
The transportation environment is also favorable. It is convenient to use the Ulsan-Busan Expressway and Ulsan-Pohang Expressway, and roads connecting Daun 2 District to Seongan Intersection as well as the planned expansion of National Road No. 14 are expected to enhance mobility throughout Ulsan City.
Ulsan Daun 2 District Woomirin The Signature adopts a south-facing layout and a 4-bay slab-type design to enhance openness, ventilation, and lighting. As a large complex, it also features large-scale landscaping and community facilities. A 100% underground parking lot design (excluding neighborhood living facilities) is applied to create a park-type complex, and the secured ground space will include various themed landscaping such as ecological ponds, grass plazas, and children's playgrounds.
Sports and community facilities include an indoor swimming pool with a children's pool, an indoor golf practice range, a fitness club, a GX room, and a table tennis room. Additionally, Edu Lynn, an education-specialized community featuring a caf?, a children's book corner, a small library, and separate reading rooms for men and women, is provided to enhance daily convenience.
Moreover, the complex draws attention for its dedication to improving the convenience of actual residence. It applies cutting-edge systems such as an air-clean system that helps reduce fine dust and the smart home service Lin IoT.
Meanwhile, Ulsan Daun 2 District, where Ulsan Daun 2 District Woomirin The Signature is being developed, is a public land development district created by developing a 1,862,967㎡ area covering Beomseo-eup in Ulju-gun and Daun-dong in Jung-gu, Ulsan. It is planned to be the largest residential complex in a single area in Ulsan, with a total of about 12,000 households (about 28,000 residents) including apartments and detached houses.
An industry official said, "Ulsan Daun 2 District is a signal flare for the development of Ulsan's western region and is expected to not only expand housing in Ulsan but also reorganize the residential map," adding, "In particular, this area is systematically composed of residential facilities along with education, culture, commercial, and park facilities, making it expected to become a new residential area in Ulsan. As a result, demanders aiming to secure future value are showing increased interest, and its popularity seems to be continuing."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.