‘Hillstate Dujeong Station’ is being sold in South Chungcheong Province, where more real estate agents are opening, a sign of a rebound.

‘Hillstate Dujeong Station’ is being sold in South Chungcheong Province, where more real estate agents are opening, a sign of a rebound.
‘Hillstate Dujeong Station’ is being sold in South Chungcheong Province, where more real estate agents are opening, a sign of a rebound.
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‘Hillstate Dujeong Station’ is being sold in South Chungcheong Province, where more real estate agents are opening, a sign of a rebound.

While the number of real estate agents closing or suspending business is increasing nationwide, Chungcheongnam-do is the only region where the number of business openings has increased. Chungcheongnam-do is a region with a consistently high rate of foreign investment, and the results appear to reflect good conditions for brokerage operations based on solid transaction volume, as well as expectations for a rebound in the real estate market in the South Chungcheong region.

Looking at the ‘Current status of opening and closing of licensed real estate agents’ compiled by the Korea Licensed Real Estate Agents Association, a total of 890 brokerage offices were newly opened in February. This is a 20.4% decrease compared to the previous month (1,118 places) and a 27.1% decrease compared to the same month last year (1,221 places). In addition, there were 1,049 brokerage offices nationwide that closed last month, and 118 brokerage houses were closed. A total of 1,167 brokerage offices were closed.

Even though the number of brokerage offices closed and closed nationwide is increasing more than the opening of brokerage offices, in South Chungcheong Province, 23 new brokerage offices opened during the same period, which was more than the number of brokerage offices closed or closed (18 and 3 respectively). Based on last year’s total count, only Chungnam alone among the 17 cities and provinces in the country had more new openings (425) than closures and closures (337 and 76, respectively).

The fact that transactions in the Chungcheongnam-do real estate market are steady compared to other regions due to the entry of foreigners and investment for rental purposes appears to have influenced the trend of increase or decrease in brokerage offices.

In fact, if you look at the status of apartment sales at the Korea Real Estate Agency, it is the only one in the Chungcheong region to be ranked in the top 3 in the proportion of apartment sales by foreigners for five consecutive years. In particular, it has maintained its second place position for the past three years, ranking first in 2021 (43.1%), second in 2022 (37.2%), and second in 2023 (26.6%).

In addition, demand for investment for rental purposes continues. According to real estate big data company Asil, Seobuk-gu, Cheonan-si, Chungcheongnam-do ranked second and Asan-si, Chungcheongnam-do ranked 4th as the region with the most sales and rental transactions in the provinces over the past six months.

An industry official said, “Accessibility to the metropolitan area continues to improve in South Chungcheong Province due to significant transportation benefits, and there is a lot of demand from large industrial complexes, so it is a region with steady interest regardless of actual demand and investment.” He added, “The stability of the business of licensed real estate agents is supported by transactions.” “The situation is better than other regions, so the rate of business closure appears to be low,” he said.

As the real estate market in South Chungcheong Province heats up, interest in major pre-sale complexes is also increasing. As a representative place, in the Dujeong-dong area of ​​Seobuk-gu, Hillstate Dujeong Station, which is close to Dujeong Station on Line 1 and Hope Elementary School, is in the process of signing a first-come, first-served room designation contract.

Hillstate Dujeong Station will be built in Dujeong-dong, Seobuk-gu, Cheonan-si, Chungcheongnam-do, with 2 underground floors and 29 above-ground floors, 11 buildings, exclusive use areas of 84㎡ to 170㎡, and a total of 997 households. It mainly consists of an exclusive area of ​​84㎡, which is highly sought after, and has expanded the range of choices by adding various floor plans focusing on medium and large sizes.

In particular, the 30 large-type penthouse units with an exclusive area of ​​148㎡ to 170㎡ are the first duplex-type penthouses on the top floor to be introduced in the Dujeong-dong area, and are receiving high demand mainly due to the demand for a wider and differentiated space and the demand for a high-quality lifestyle. Interest is expected.

We also provide various financial benefits to ease the financial burden of consumers. After paying 5% of the existing 10% down payment, we provide loan interest support for only the remaining 5%, and 50% of the cost of the system air conditioner (general type) is provided free of charge. In addition, an increasing number of businesses are experiencing difficulties from the beginning of the project due to issues such as recent increases in construction costs, but business stability is also high as construction is already underway with the goal of occupancy (scheduled) in March 2025.

Hillstate Dujeong Station boasts an excellent educational environment, with Dankook University and Hope Elementary School located right in front, so elementary school children can safely commute to and from school, and prestigious schools such as Bukil High School and Bukil Girls’ High School are also within walking distance. In addition, it is convenient to use as it is adjacent to the Dujeong-dong and Sinbu-dong academy districts.

The educational environment as well as transportation conditions are excellent. Dujeong Station on Line 1 is also within walking distance, and it is easy to travel by car via Gyeongbu Expressway Cheonan IC and Cheonan-daero. Additionally, KTX Cheonan Asan Station and Cheonan Terminal are adjacent, making travel to other areas convenient.

In addition, Hillstate Dujeong Station can be conveniently used as it is adjacent to living convenience facilities such as E-Mart, Shinsegae Department Store, CGV, and Dankook University Hospital, as well as natural environments and leisure facilities such as Cheonhoji Pond, Cheonan Stream, and Cheonan Soccer Center.

The model home is located in Dujeong-dong, Seobuk-gu, Cheonan-si. Move-in is scheduled for March 2025.

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The article is in Korean

Tags: Hillstate Dujeong Station sold South Chungcheong Province real estate agents opening sign rebound

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