Hillstate Gayang The Wise units nearly sold out - The Korea Times

Hillstate Gayang The Wise units nearly sold out

Hillstate Gayang The Wise apartment complex in Daejeon / Courtesy of Hyundai Engineering & Construction

Hillstate Gayang The Wise apartment complex in Daejeon / Courtesy of Hyundai Engineering & Construction

Hyundai Engineering & Construction's (E&C) Hillstate Gayang The Wise apartment complex in Daejeon has successfully attracted buyers, thanks to the prestigious Hillstate brand and its status as the tallest residential building in the city's Dong District.

Made up of three 49-story towers with four basement levels, the complex offers a total of 358 apartment units.

Some units, previously sold to ineligible buyers — such as those who already own homes — are now available for purchase on a first-come, first-served basis.

All 84-square-meter units have sold out, with only a few larger units remaining.

"With the planned urban redevelopment of its neighborhood, Hillstate Gayang The Wise holds significant investment potential," a Hyundai E&C official said. "Thanks to attractive financial benefits for buyers, we have received numerous inquiries about the remaining units."

Hillstate Gayang The Wise is priced at 15 million won ($10,000) to 17 million won per 3.3 square meters, making it more affordable than nearby apartment complexes in Daejeon, which are priced at 20 million won per 3.3 square meters.

Buyers can secure a unit with a down payment of 5 million won, followed by an additional 5 percent of the purchase price within a month. Additionally, 35 percent of the final payment can be deferred. Those who make early payments can benefit from special incentives.

Hyundai E&C highlights that Hillstate Gayang The Wise features innovative designs aimed at enhancing residents' quality of life, including three-sided balconies for superior ventilation and natural lighting, high ceilings of up to 2.5 meters and spacious layouts.

According to the construction firm, the complex also offers ample parking, advanced air filtration systems and corrosion-resistant stainless steel piping.

"Residents can enjoy premium amenities such as a gym, golf range, sauna, day care center and a shuttle bus service for children," the Hyundai E&C official added. "The apartment complex is conveniently located near major roads, public transportation, shopping centers, schools and green spaces."

Park Jae-hyuk

Park Jae-hyuk is a seasoned journalist who has provided comprehensive coverage of South Korea's corporate dynamics, economic policies, industry challenges and the global positioning of Korean companies. Based on the articles he has written since joining The Korea Times in 2016, his investigative approach has helped readers understand corporate governance, economic trends and business strategies shaping South Korea’s economy.

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