​[르포]”In the long run, prices will increase”… Gwangmyeong Siheung Real Estate’Hilarious’

A view of Okgil-dong, Gwangmyeong, designated as a new residential site. [사진=신동근 기자, [email protected]]

“As a large-scale base city is formed around Gwangmyeong, it means that the scope of the’where you want to live’ will increase as the area is developed as a whole. The expectation for a rise in real estate prices is increasing.” (A certified brokerage office near Subway Line 7 Gwangmyeong Intersection Station. representation)

On the 24th, Gwangmyeong and Siheung districts in Gyeonggi Province were selected as the 6th 3rd new city. With a size of 12.71 million square meters, it is 4.3 times the area of ​​Yeouido and is the largest among the 3rd new towns. As early as 2023, pre-subscription, low pre-sale prices and large-scale supply were expected, the expectations of local residents were not small. The government is planning 28,000 units for private sales and 18,000 units for public sales in Gwangmyeong and Siheung.

One of the residential districts visited on the 25th, the area of ​​Gwarim-dong, Siheung-si, was literally’empty land’. There were more factories, waste companies, and maintenance shops than people lived in. A 45-year-old resident of Guarim-dong said, “We have been suffering from safety accidents and environmental pollution because only waste companies are increasing, and the facilities are old,” he said. “It’s a good thing that our neighborhood will be developed as a new city.”

In fact, residents of the Gwangmyeong and Siheung districts announced that they would take a group action by insisting on the withdrawal of the third new town. Yoon Seung-mo, CEO of Gwangmyeong-Siheung Residents’ Association, said, “Since it was lifted from the Bogeumjari District, the government has encouraged residents to develop autonomously.” Emphasized.

A panoramic view of Gwangmyeong-dong, designated as a new residential site. [사진=신동근 기자, [email protected]]

In the long term, the real estate industry around the development site did not hide expectations for good development, but also confessed worries about falling house prices and the disappearance of land transactions.

An official of the A-certified brokerage in Noonsa-dong, designated as a new residential site, stressed, “If the government intends to settle the price of a house this time, it will have to first determine the metropolitan transportation countermeasures as quickly as possible and start construction.”

An official at the B-accredited brokerage in Noonsa-dong said, “Anyway, the sale price will be cheaper,” he said. “In the new town where development is currently underway, there is a high possibility that transactions will slow down and the amount will be adjusted in the short term.”

However, there were opinions that a new city will be created, which in the long term will serve as a good news for the house price to rise. “The government said that it will strengthen public transportation by developing the GTX-B or the Sinansan Line,” said the CEO of Gwangmyeong Intersection Station C authorized brokerage. “If the development is done and the surrounding environment is improved through the development, the overall house price will rise.”

He said, “There are still a lot of people coming from Seoul or other provinces to Gwangmyeong,” he said.

There were also voices concerned about the jeonse crisis. An official at the brokerage office in Bank-dong of Siheung said, “There is a lot of demand to buy and sell more money as the jeonse price has risen so much,” and “if the demand to postpone the sale and try subscription again due to the designation of a new city increases, the jeonse crisis will worsen.”