[2·4대책이후 시장은] ② House prices remain unstable due to strong reconstruction…LH speculation suspicion rebounded

[서울=뉴스핌] Reporter Dong-Hoon Lee = The rise in apartment sales has slowed somewhat since the government’s “2nd and 4th Measures”, but the reconstruction complex in Seoul remains strong. Since the reconstruction complex is actually leading the housing market, there is still a’fire’ for the rebound.

Expectations increased as the business process was accelerated. In the area of ​​Apgujeong-dong, one of the nation’s largest reconstructions, the establishment of unions is underway to avoid the obligation of members to reside. Reconstruction of the areas of Mok-dong, Yangcheon-gu and Sangye-dong, Nowon-gu, are also visible due to safety checks.

There is a temperature difference between the ruling party and the opposition party candidates ahead of the Seoul Mayor’s by-election, but the emphasis on the need for deregulation on reconstruction is also the reason for the rise in the reconstruction market.

◆ Strong sales prices of apartments in Yangcheon·Gangnam·Nowon-gu, reconstruction clusters

According to the Korea Real Estate Agency on the 15th, the sale price of apartments in Seoul last month recorded a weak consolidation for four consecutive weeks, but the areas of Gangnam, Mok-dong and Nowon-gu, where the reconstruction complexes were concentrated, remained relatively strong. The rise was above the Seoul average.

In the first week of March, apartment sales in Seoul rose by 0.07%, down 0.01%p from the previous week. After the average increase of 0.10% in the first week of February, the weak level continued. It is interpreted that this is because waiting-for-home consumers have turned to a wait-and-see tax when the government unveiled a large-scale housing supply plan as a’second and fourth measure’. The increased price burden due to the low interest rate and the leasing law also affected.

However, there are voices saying that it is too early to talk about stability if only the reconstruction market is classified. The area where the reconstruction complex is concentrated is because the sales price is on the rise.

In Seoul, the first week of March, Yangcheon-gu, where the Mok-dong redevelopment complex was concentrated, rose 0.11%, the most. Last month’s weekly gains moved from 0.09% to 0.10%, but this month the increase was even bigger. Gangnam-gu rose 0.10%, and Songpa-gu and Nowon-gu also rose 0.09% and 0.08%, respectively. The sale price of apartments in areas with reconstruction concentrations remained relatively strong.

An official from the Korea Real Estate Agency said, “Even though the overall buying trend has decreased due to the expectation of an increase in supply volume after the 2nd and 4th measures, prices have been increasing mainly in the reconstruction complexes and traffic concessions.” It is appearing largely,” he said.

◆ Safety Diagnosis and Cooperative Establishment Challenge’Bot Water’…Reconstruction Visualization

Complexes that have crossed the threshold of safety diagnosis and establishment of associations have emerged one after another. Since the complex is large, it is recognized as a mini-new city level, so there are not a few cases where transaction prices are reported. The rate of increase experienced by the real estate agency is higher than the rate of increase in the sale price.

In Apgujeong-dong, 5 of the 6 maintenance zones (Hanyang 1st and 2nd) received approval to establish a reconstruction association last month after 4th (Hyundai 8th, Hanyang 3rd, 4th and 6th). It has been 3 years and 5 months since the promotion committee was established in August 2017. Apgujeong District 5, consisting of Hanyang 1st and 2nd cars, has a total of 15 dongs and 1232 households.

The remaining maintenance areas are ▲Section 1, Miseong 1 and 2 ▲Section 2, Shin-Hyundai 9, 11, 12 ▲Section 3, Hyundai 1~7, 10, 13, 14, Daelim Villa ▲Section 6, Hanyang 5, 7, and 8 Etc. is also in the process of establishing a cooperative. Districts 2 and 3 held the inaugural general meeting to establish a cooperative at the end of last month. In the near future, it plans to apply for permission to establish a union at Gangnam-gu Office.

The greatest concern in rebuilding Apgujeong-dong is to avoid the obligation to reside in members. Previously, the government decided not to grant the right to move in if the members of the overheated district reconstruction member did not live for more than two years through the ‘6/17 measures’ announced last year. You must complete the procedure before June, when the law is expected to be applied, in order to be exempt from the obligation to live.

The Mok-dong area is undergoing a large number of reconstruction safety diagnosis procedures. Last month, the apartment complex 1 in Mokdong New Town passed the reconstruction precision safety examination conditionally. In June of last year, for the first time, Complex 6 passed the safety check and the reconstruction progress was confirmed, and 10 complexes (Complex 1, 2, 3, 4, 5, 7, 10, 11, 13, 14) were first checked for safety. Passed. The results of the safety examinations for complexes 8 and 12 are expected to be released in March. Complex 9 was eliminated from the 2nd detailed safety examination. A total of 27,000 households in 14 complexes in Mok-dong New Town are pursuing reconstruction.

The area around Nowon-gu is in a similar situation. In the area of ​​Sanggye-dong, Nowon-gu, Sanggye Jugong Complex 1~16 is undergoing reconstruction. Sanggye Jugong Complex 5 passed a maintenance plan last January, and Sanggye Jugong Complex 1 and 6 applied for detailed safety checkups in the same month, and the results will come out in April. Sanggye Jugong 3, 4, 9, 10, 11, 12, 14, etc. are also preparing for preliminary safety examination applications.

◆ LH speculative suspicion, supply measures are unclear…

There are also observations that the social criticism, which was initiated by the Korean Land and Housing Corporation (LH) employees’ suspicion of speculation in the new city, will add cold water to the stabilization of apartment prices.

This is because of the observation that the housing supply schedule could be disrupted. When the designation of a new city is withdrawn and pre-subscription postponed, there is room for a large number of consumers who have been watching and want to jump into the arrangement of my home.

[시흥=뉴스핌] Reporter Jeong Il-gu = Korea Land and Housing Corporation (LH) employees in Gwangmyeong and Siheung 3rd new towns were suspicious of purchasing some sites for speculation. Seedlings are planted. 2021.03.04 [email protected]

President Moon Jae-in and Minister of Land, Infrastructure and Transport, Byeon Chang-heum, and others said they would smoothly proceed with the plan to provide housing for 80 households nationwide, including 300,000 households in Seoul, disclosed in the second and fourth measures. However, there is a view that it is not easy to push supply countermeasures unilaterally in the situation where corruption of employees of public institutions is additionally confirmed in the 3rd new city besides the Gwangmyeong Siheung new city.

Negative public opinion is also a burden. There is a strong perception that if a high-density development project in a new city and station area is carried out without thorough verification, only the ships of employees of public institutions who speculated using it as prior information can be called. Some also commented that the designation of a new city should be restarted from the origin.

Real Estate Info Research Team Leader Kwon Il said, “The government’s supply measures have led to an increase in the buying and selling price, but the complexes where the reconstruction project has become visible are still strong. If the supply and demand imbalance caused by the supply shortage re-emerges, there is a possibility that the rise will increase. “He said.

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