[단독]Apgujeong Hyundai Apartment exclusive 245㎡ 8 billion’reported price’… Exceeded 100 million per pyeong

Ahead of the by-election of the mayor of Seoul, the reconstruction market in Apgujeong, Gangnam-gu, Seoul is being shaken. Finally, a reconstruction apartment in Apgujeong, which records the highest apartment sale price this year, also appeared.

According to the actual transaction price disclosure system of the Ministry of Land, Infrastructure and Transport on the 6th, a 245m2 type exclusively for’Hyundai Apartment 7th’ in Apgujeong-dong was traded for 8 billion won on the 5th. It’s the best of all time. The reported price for this apartment was 6.7 billion won in October last year. It is 1.3 billion won in six months.

This is also the same as the highest price among apartments traded this year in the country. Earlier, a 243㎡ type exclusively for’Hannam The Hill’ in Hannam-dong, Yongsan-gu, Seoul, was traded for 8 billion won in February this year.

In particular, in the Apgujeong redevelopment complexes ahead of the 4/7 mayoral election of Seoul Mayor, as the leading candidates mention the deregulation of reconstruction, the expectation increases, and the house price is also fluctuating. Candidate Se-hoon Oh, Mayor of Seoul, pledged, “If I take office as Mayor of Seoul, I will open the Urban Planning Committee within a week to expand regulations on reconstruction and redevelopment.” In addition, candidate Park Young-seon of the Democratic Party, mayor of Seoul, also suggested as a pledge to introduce a business model shared by the public and the private sector to redevelop low-rise residential areas, revitalize the reconstruction of old apartment complexes, and increase the redevelopment/reconstruction floor area ratio.

The increasing demand to secure rehabilitation rights is also a reason for raising the price of redeveloped apartments in Apgujeong. Local real estate brokerages explain that there is a growing demand to buy reconstruction apartments in the overheated district immediately before the establishment of the association, because the right to occupy does not come out if the reconstruction apartment is purchased after the association is approved for establishment.

The 7th Hyundai Apartment, which recorded the reported price this time, is also the Apgujeong 3rd district (Hyundai 1~7·10·13·14 car, Daelim Villat), which is about to be approved for the establishment of the association.

In fact, looking at the reconstruction market in the Apgujeong-dong area, the 160m2 type for’Hyundai Apartment 2nd’ was sold for 5.43 billion won on the 5th, but the report is also a transaction. In the case of this apartment, the previous reported price was 4.25 billion won, which was recorded in December last year, up 1.18 billion won in four months.

The 196m2 type exclusively for the’Hyundai Apartment 6th’ was also traded at 6.2 billion won on the 16th of last month, soaring by 750 million won a month from the previous reported price in February this year (5.45 billion won).

“The Apgujeong Reconstruction Complex is a’smart one’, and the interest of consumers is high,” said Kwon Il, head of the Real Estate Info Research Team. It seems that the preference is high.”