Apartment complexes around Donam-dong and Dongsomun-dong, Seongbuk-gu, SeoulThe total price of the apartment in Seoul has risen to a level similar to that of four years ago.
According to KB Kookmin Bank’s monthly housing price trend time series statistics, the average rented value of Seoul apartments was 592.29 million won last month.
This is similar to the average sale price of Seoul apartments (59.861 million won) at the time of February 2017.
SK View exclusive area 84.98m2 in Sindorim-dong, Guro-gu, Seoul signed a charter contract for 519 million won (6th floor) on the 5th.
The apartment-like area was sold for 515 million won (20th floor) on February 7, 2017. This means that the total price has been higher than 4 years ago.
Garak-dong Garak-dong, Songpa-gu, Seoul (1st) The exclusive area of Ssangyong Apartments was 59.92m2, and on the 27th of last month, a deposit of 525 million won was charged with a chartered tenant.
The same area of this complex was sold for 510 million won on February 11, 2017. In 4 years, the total price exceeded the trading price.
For the 97.26㎡ exclusive use of Godeok Raemian Hill State in Godeok-dong, Gangdong-gu, Seoul, a charter contract was signed for 7.87.5 million won on the 17th of last month.
At the same time four years ago, the same area was sold at 790 million won.
According to KB statistics, the sale price of Seoul apartments rose 36.4% over the four years from February 2017 to February this year.
On the other hand, during the same period, the jeonse price rose 18.8%, and the rate of increase in the trading price was about twice that of the jeonse price.
However, compared to the last one year, the rate of increase in the total price (14.6%) and the rate of increase in trading prices (15.9%) are similar.
This is the effect of a relatively steep rise in jeonse prices as a new lease law was implemented at the end of July of last year, with the main body of the contract renewal application system and the cheonsei limit system.
The jeonse price ratio of apartments in Seoul (the ratio of jeonse to sales price) rose for 5 consecutive months from August (53.3%) immediately after the enforcement of the new lease law last year to January this year (56.3%), and then slightly declined after 6 months of last month. .
Hwang Han-sol, a research researcher at Economic Man Lab, said, “As the supply of apartments has slowed due to the strengthening of private reconstruction regulations, the number of rentals in the jeonse market has decreased, and the number of landlords who raised deposits in advance through the new lease law enforced last year has increased the price of apartments. He explained.
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