According to the actual transaction price disclosure system of the Ministry of Land, Infrastructure and Transport on the 23rd, the number of transactions in Seoul apartments that completed the transaction from the 17th to the 22nd and reported the actual transaction price was 50.
Gangchon apartments located in Ichon-dong, Yongsan-gu, were sold for 1.57 billion won (7th floor), and the price of small-sized apartments exceeded 1.5 billion won, the standard for super high-priced housing. This area type traded for 1.39 billion won (1st floor) on October 31 last year and 1.5 billion won (10th floor) on December 4, respectively, increasing the rise. It is nearly 200 million won in 3 months. The government restricts mortgage loans for houses exceeding 1.5 billion won.
Gangchon Apartment was completed in 1998 with a scale of 1001 households, and this is the 23rd year since its establishment. This apartment is a 5-minute walk from Ichon Station on Line 4. Nearby are the Han River Civic Park, Ichon District, and Yongsan Family Park. It is also close to educational facilities such as Yongsan Elementary School, Yonggang Middle School, and Junggyeong High School. Currently, a remodeling promotion committee has been formed to speed up the renovation. The floor area ratio is over 300% and the completion period is short, so it is evaluated that the business feasibility is low for reconstruction.
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Meanwhile, according to the Korea Real Estate Agency, the third week of January (as of the 18th), the nationwide apartment sales price rose 0.29%, up from last week (0.25%). Seoul also increased from 0.07% last week to 0.09% this week.
Seoul apartment prices rose by 0.03%, 0.04%, 0.05%, and 0.06% each week from the first to fourth weeks of December, and even after the new year, they rose by 0.06%, 0.07% and 0.09% for three consecutive weeks.
In Seoul, Songpa-gu recorded the highest increase rate of 0.18%, following last week (0.14%). Songpa-gu rose to the popular Jamsil-dong and reconstruction complexes, while Gangnam-gu (0.10%→0.11%) and Seocho-gu (0.10%→0.10%) also rose to reconstruction complexes such as Apgujeong-dong and Banpo-dong, respectively.
Dongdaemun-gu (0.09%→0.15%), Gangdong-gu (0.11%→0.11%), Mapo-gu (0.10%→0.11%), Gwangjin-gu (0.08%→0.11%), Gangbuk-gu (0.05%→0.10%), etc. Etc. This week’s rate of increase in all areas of Seoul was greater than or equal to the previous week.