Increase in foreign real estate transaction volume… “K-real estate’Jobsup’ between national loans”

Last year, foreign real estate transactions reached the highest in the last five years.

Daerim-dong street. [중앙포토]

According to the data released on the 16th by Congressman Kim Sung-won from the Ministry of Land, Infrastructure and Transport, foreign real estate transactions last year were 26,896. In terms of the transaction amount, it amounts to about 11 trillion 2409 billion won.

Until then, the number of foreign real estate transactions in Korea increased from 21,452 cases in 2016 to a continuous increase in 2017 (24,411) and 2018 (26,422), and slightly decreased to 23,933 cases in 2019. Was.

The appearance of an apartment complex in Nowon-gu, Seoul. News 1

However, it rebounded again last year when government real estate measures were strengthened.

While domestic lending regulations are tightening, some analyzes say whether foreigners have started buying Korean real estate.

In particular, Chinese people accounted for more than half of foreign real estate transactions in Korea.

Chinese people accounted for 51.3% (13,788) of the total foreign transaction volume last year. Even if the total trading volume of investors around the world, including the United States (7043), did not reach China’s. The number of Chinese domestic real estate transactions, which remained at 7694 in 2016, surged 79.2% in four years to 13,788 last year.

The largest number of real estate transactions in the metropolitan area were Chinese, with 1,793 cases. They preferred the southwestern regions of Seoul (Guro-gu, Geumcheon-gu, Yeongdeungpo-gu, and Gangseo-gu).

Although the government’s regulations on real estate loans were strengthened last year, some analysts say that this result was due to the fact that foreigners did not apply to transactions in their own financial institutions. Unlike Koreans, it is difficult to identify families, so regulation of multi-homes is also difficult.

A bill was proposed in the National Assembly to restrict speculation on foreign real estate, but it was not passed because it violated reciprocity.

Rep. Kim Seong-won said, “The Chinese people started to’gather up (pick up and pick up)’ K real estate because the people’s hands and feet are tied up by the government’s regulatory policy.” Mong (中國夢) only wants to decline,” he said.

Reporter Shin Hyeyeon [email protected]