Sokcho apartment exceeded 800 million
Local small and medium-sized city sales ticket price doubled
Massive demand from major cities in non-regulated regions is rushing
The whole area of the beach in Sokcho-si, Gangwon-do. / Photo = Yonhap News
Last year, the pre-sale rights of 84㎡ exclusively for’Sokcho Theion Xi’ (454 households) sold in Dongmyeong-dong, Sokcho-si, Gangwon-do, were actually sold for 8955 million won in February. It is a 35-story high-rise overlooking the East Sea, which is nearly twice as high as the pre-sale price. Contrary to some expectations, whether or not the contract will be canceled, the bid price of the additional high-rise pre-sale is exceeding 800 million won at the same time.
The prices of apartment sales rights supplied by local small and medium-sized cities are rising rapidly. After the government announced the 12-17 countermeasures, the regulations have been deviated, and local housing prices have also risen, enjoying a’balloon effect’. In less than a year since it was sold, it is worth noting that hundreds of millions of dollars have been added to it, and there are also complexes that have doubled the price of sales. It has become a so-called’lotto’. Representatives include Asan, Chungnam, Sokcho, Gangwon, and Gunsan, Jeollabuk-do.
According to the public system of the actual transaction price by the Ministry of Land, Infrastructure and Transport on the 5th, the 84㎡ A-type pre-sale rights for’Tangjeong Gwell City Prugio (C1 Block)’ located in Tangjeong District, Asan-si, Chungcheongnam-do, exceeded 700 million won in February. The sale right for this housing type was traded for 76.8 million won (25th floor) in February. Considering that the pre-sale price at the time of pre-sale in 2019 was 352.6 million won, it has doubled over the past two years.
The same is true of Sokcho Diosian Xi of Sokcho, which was mentioned earlier. Depending on the floor and the scent, the sea view differs, and the transaction price of pre-sale tickets differs slightly. According to local realtors, the asking price for a housing type with a sea view of more than 30 floors exceeded 800 million won, and in the case of a partial ocean view or a middle floor, it can be bought and sold for 600 million to 700 million won.
The market for pre-sale rights in Sokcho, where oversupply was a concern, is holding back hundreds of millions of dollars in money. Dongmyeong-dong’Sokcho Lotte Castle in the Sky’ (568 households) was also sold for 5,5983 million won on the 23rd floor last month, and Jungang-dong’Hillstate Sokcho Central’ (256 households) last February 69.3 million won (18th floor). There was a change of hand.
Interest in the pre-sale market is increasing as the price of pre-sale rights in local small and medium-sized cities surged for a short period of time. Last March, “The Sharp Centro,” which was sold in Asan, South Chungcheong Province, attracted 26822 people to recruit 508 households, with an average competition rate of 52.8 to 1 in the first place Recorded. The’Asan Tangjeong Samsung Trapalace’, which was previously sold in January, showed a high level of 386.5:1 on average, with 47925 people subscribed to recruiting 124 households. ‘The Sharp Ocean City 2nd’, which POSCO E&C sold in Gunsan, Jeollabuk-do, recorded an average competition rate of 58.8:1 with 27,150 people flocking to recruiting 462 households in the first place.
Real House Real House team leader Kim Byung-ki said, “As local small and medium-sized cities are not more demanding than the metropolitan area and local metropolitan cities, the barriers to entry into the pre-sale market are low.” It is expected that it will continue to show fierce competition in the future.”
Hankyung.com reporter Kim Hana [email protected]
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