2.4 Does the countermeasure effect appear… The rise in apartment prices in Seoul is dampened

The rise in apartment prices in Seoul has declined. It is analyzed that it is gradually entering a stable state. The buying advantage market is changing as buying sentiment declines due to expectations of supply expansion following the 2.4 housing supply measures, and the rise in mortgage loan interest rates and tax burdens arising from the increase in quoted prices have become visible.

According to the actual real estate transaction information of the Ministry of Land, Infrastructure and Transport on the 21st, among apartment transactions in Seoul after the 2.4 supply measure, the number of apartment transactions in Seoul where prices declined compared to the previous transaction is increasing.

The number of transactions whose price declined from the previous transaction was only 18.0% (493 out of 2441) in January, but increased to 24.9% (415 out of 1669) in February, and 38.8% (281) in March (as of the 17th). 109 of the cases), which is gradually increasing.

Complexes with lower prices are found throughout Seoul, including the Gangnam area.

In the case of 84㎡ exclusively for Eunma Apartment in Daechi-dong, Gangnam-gu, which is one of the representative reconstruction complexes, it was traded at 2.32 billion won (6th floor) on the 2nd of this month. Contracted.

89.1m2 for’Cheongdam Xi’ in Cheongdam-dong, Gangnam-gu, was also sold at 3.15 billion won (32th floor) on the 6th of this month, down 10% (350 million won) compared to 3.5 billion won (11th floor) on the 3rd of last month.

In the case of 158.2㎡ of’Seocho 5th e-pyeonhansesang’ in Seocho-dong, Seocho-gu, it was sold for 1.83 billion won (7th floor) on the 3rd of this month, and the transaction was made at 170 million won lower than 2 billion won (2nd floor) on January 20, just before. .

A certified representative of Gangnam-gu said, “In the Gangnam area, the price of houses jumped in anticipation that the speed of reconstruction would increase, but now, as the perception that it has risen is spreading, the property that has lowered the price a little is traded, and the house that will receive the right price is the transaction price. It doesn’t work,” he said.

In outer areas such as’Mayongseong (Mapo, Yongsan, Seongdong-gu)’, which has the second most expensive apartments in the Gangnam area,’Nodogang (Nowon, Dobong, Gangbuk-gu)’ and’Geumcheon, Gwanak, Guro-gu,’ It is not difficult to find deals that have lowered prices.

Yongsan KCC Welts Tower, 84.0㎡, in Munbae-dong, Yongsan-gu, was sold for 1,060 million won (14th floor) on the 8th of this month, falling 165 million won from 1.225 million won at the end of last year, when the price rose in full swing.

Hanjin Town 114.6㎡ of Haengdang-dong, Seongdong-gu, was traded at 1.43 billion won (13th floor) on the 2nd of this month and sold for 40 million won lower than 1.47 billion won on the 21st of last month.

In the case of 45.9㎡ of 45.9㎡ of the 7th (high floor) in Sanggye-dong, Nowon-gu, a contract was written for 550 million won (12th floor) on the 12th of this month, down 70 million won from the previous transaction, 620 million won (13th floor), on January 27th.

84.8㎡ of SK Bukhansan City, Mia-dong, Gangbuk-gu, fell from 767 million won (17th floor) on the 15th of last month to 730 million won (14th floor) on the 6th of this month. On the 2nd of this month, a month after the transaction was reported on the floor), the sale was made at 774 million won (20th floor).

According to the Korea Real Estate Agency survey, apartment prices in Seoul rose 0.10% in the first week of February, just before the announcement of the 2.4 measures, recording the highest rate of increase this year for six consecutive weeks, including △0.09% △0.08% △0.08% △0.07% △0.07% △0.06%. The rise has slowed.

KB Real Estate’s buy advantage index fell below 100 for the first time this year to 96.2 for one week this month, and recorded 90.3 for two weeks and 82.4 for three weeks, falling below 100 for three consecutive weeks. If this index exceeds 100, it means there are many buyers, and if it is below 100, it means the opposite.

In this atmosphere, sales are gradually accumulating in the trading market, which is interpreted as a sign that the market that had been selling superiority is gradually changing to a buying advantage.

An official from Real Estate Agency judged, “With the government’s successive supply measures, expectations for supply expansion are spreading, and buying sentiment seems to be stabilized and house prices are likely to turn into a stable trend.”

Experts say that it is unreasonable to say that apartment prices in Seoul have entered a full-fledged decline. I looked into it.

KB Kookmin Bank’s senior real estate expert expert Park Won-gap said, “Recently, the US government bond rate is rebounding and domestic banks are also paying attention to the atmosphere of raising the mortgage interest rate.” It can be a burden and affect the entire real estate market.”