Disabling the ceiling on pre-sale prices… In the end, the government did it[집슐랭]

Banpo One Bailey with upper limit

The best over 56 million won per pyeong

16% higher than before the upper limit was applied

The soaring public land price eventually raises the price

The government itself neutralizes the cap system

The market is fluctuating as the general pre-sale price of’Raemian One Bailey’ (Shinbanpo 3rd, Gyeongnam apartment reconstruction) in Banpo-dong, Seocho-gu, Seoul has been decided at about KRW 56.68 million per 3.3㎡. Even though the pre-sale price limit was applied, the highest pre-sale price ever came out. In addition, this pre-sale price is about 16% higher than the price set before the capping system was applied. From the standpoint of the union, the upper limit was applied and a higher sale price was set.

What is the reason for such a result? It is the rise in land prices. The upper limit is calculated by adding the construction cost and land cost. Construction cost is fixed. After all, land cost is the key. It is pointed out that the government has soared the publicly announced land price, which is the basis for calculating the land cost, and as a result has neutralized the ceiling system by itself.

According to the Seocho-gu Office, Raemian One Bailey was approved by the Seocho-gu pre-sale price review committee at 56,668,349 won per 3.3 square meters. This is the highest level among general sale prices for apartments in Seoul.

What’s eye-catching is that this complex is subject to an upper limit. This apartment has chosen an upper limit, saying that it cannot accept the pre-sale price (48.91 million won per 3.3㎡) calculated by the Housing and Urban Guarantee Corporation (HUG) last year.

This is the first time that the pre-sale price has exceeded 56 million won per 3.3㎡. In addition, although the upper limit was applied, the pre-sale price increased by 16% from the estimated price of last year’s HUG. Raemian One Bailey plans to sell 224 general sales out of a total of 2,990 households in February-March. Although the mandatory residence period is 10 years, it is expected to be popular as a’lotto’ apartment because it is half the price of the surrounding market.

The pre-sale price was decided by the local government’s pre-sale price review committee through the’residential cost + basic construction cost + additional cost’ under the ceiling on the sale price of private residential land. The government reassured that’the sale price will go down by 5-10%.’

Why did such a result come out? It is being evaluated that the government has neutralized it.

In order to stabilize the house price, the government raised the officially announced land price by saying that it would make the officially announced land price a reality. This is because the increased public land price is reflected in the housing cost, which is an important factor in calculating the pre-sale price. It is interpreted that as a result of the increase in the land appraisal amount as the publicly announced land price in Seoul has recently soared, the pre-sale price ceiling system has rather benefited.

In the maintenance industry, as a result of this, the Gangnam reconstruction cooperatives, which delayed the project to avoid the pre-sale price ceiling, are expected to rush to the project. In fact, it is an analysis that the government’s price control has been neutralized. In addition, the general pre-sale prices of other reconstruction complexes such as Dunchon Jugong in Gangdong-gu are expected to increase significantly. In the case of Dunchon Jugong, it is said that 40 million won per 3.3 square meter can be sufficiently received, surpassing expectations. / Reporter Park Yoon-sun [email protected]

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