‘Deal Cliff’ Seoul Apartments increased 9% in 10 days
Report continues, but a complex 100 million away
‘Tactile’ whether the government’s supply policy will be effective
Seoul apartment complex as viewed from Seoul Sky, Lotte World Tower, Songpa-gu, Seoul. /News 1
The atmosphere of a’deal cliff’ is being detected in the Seoul apartment market. There is a continuing nervous war between the landlord who does not want to lower the house price and the buyer waiting for the house price to go down. The market is showing the appearance that the report transaction and the transaction that is tens of millions of won lower than the previous peak are being made simultaneously without revealing a clear direction.
Stacking up little by little… Are the house prices adjusted?
According to the Seoul Real Estate Information Plaza on the 26th, 1097 apartment sales in Seoul in February were reported. Seoul apartment transactions peaked at 10,603 cases in June of last year, and then fell sharply from 10,644 cases in July to 3697 cases in September due to the effects of the June 17th and July 10th measures. It increased again to 7514 cases. Then, this year, the transaction volume again decreased to 5567 last month, and this month, the transaction also decreased significantly.
As the transaction reporting period (30 days) remains, the volume of transactions in January and February will increase slightly, but there is a high possibility that there will be around 6,000 cases in January and 3,000 cases in February. Real estate brokerages in the Seoul area also said, “In the new year, the number of transactions decreased significantly, and it was cut in half.” If the housing transaction volume increases significantly, the price rises, and in the opposite case, it is common for the price to be adjusted, so there is a cautious outlook that the house price in Seoul has entered an adjustment phase.
There is also an atmosphere that has recently accumulated little by little. According to real estate big data company’Asil’ (apartment transaction price), the number of apartment sales in Seoul as of the day was 40,1081, an increase of 8.6% compared to ten days ago (39,721). Gangnam 3 districts (Gangnam, Seocho, and Songpa-gu), which lead the atmosphere of the real estate market in Seoul, also increased 4.4% from 1,779 to 11,249 sales during the same period.
Gangnam reconstruction is strong… However, even the complex that fell more than 100 million won from the peak
In the case of Gangnam 3 district, local brokerage firms say that the reconstruction complex is showing strong house prices due to the expectation of the project promotion, and that the general complex is continuing with a government tax. According to the Ministry of Land, Infrastructure and Transport’s actual transaction price disclosure system, reported price transactions are still conspicuous in this area, but transactions that have lowered the price of more than 100 million won from tens of millions of won compared to the previous peak are also confirmed.
Real estate around Apgujeong-dong, Gangnam-gu, Seoul. /yunhap news
Apgujeong-dong, Gangnam-gu, Miseong 2nd exclusive area of 74m2 was traded at 2.49 billion won on the 1st of this month, recording a reported price. This apartment, which is pursuing the establishment of a cooperative, reached a record high of 2.4 billion won (6th floor) in January of this year following 2.35 billion won (1st floor) in December of last year, and reported again this month, less than a month later. .
In the case of 196㎡ exclusively for Hyundai 6th in Apgujeong, there has been no transaction since July of last year (the reported price of 4.8 billion won), but after 7 months, it was traded at 5.45 billion won (6th floor) on the 22nd, and rose 650 million won. A certified representative of Apgujeong-dong said, “The sales are increasing, but there is no urgent sales situation,” he said.
On the other hand, the 84㎡ Banpozai in Banpo-dong, Seocho-gu, was traded at a reported price of 3.1 billion won (8th floor) last month, and the two contracts contracted this month were 2.95 billion won (22nd floor) on the 3rd and 2.8 billion won (11th floor) on the 6th. It fell 150 million to 300 million won from the highest price in a month. Currently, the equilibrium sales of real estate portal information are listed at 2.75 billion to 3.1 billion won.
An official from Banpo-dong B said, “The landlords do not significantly lower the price, but if the landlord who is worried about the ownership tax or thinks that the price has risen enough to lower the price by tens of millions of won, the troubled buyers rush and trade.”
Steady purchase of mid-low-priced complexes such as Geumgwan-gu
Buying tax is steadily flowing into regions such as’Geum·Gwan·Gu’ (Geumcheon·Gwanak·Guro-gu) where there are many mid- to low-priced apartments. “84m2, which rose from 400 million won in the beginning of last year to 500 million won in the second half, was traded under 600 million won this month,” said C official representative near Byucksan Apartment in Siheung-dong, Geumcheon-gu. “There is a mixed atmosphere of hesitating about whether the house price has risen too much,” he said.
Guro-gu Gaebong-dong D official representative said, “Hyundai I-Park 84㎡ has not been dealt with since the end of last year to 930 million won,” he said. “It was 2 in 1 year that was traded at 650 million to 700 million won at the beginning of last year. “It’s not easy for the purchase tax to rise up to 300 million won to 300 million won, but that doesn’t mean that the landlords lower the house price.
The atmosphere is also strong to observe the impact of the Gwangmyeong-Siheung New Town Plan announced by the government on the 24th. Dae-Jung Kwon, professor of real estate at Myongji University, said, “The volume is large, but there seems to be a limit to attracting demand for Seoul right away unless the transportation network is expanded in time due to the distance from central Seoul.
Reporter Ahn Hye-won [email protected]