Last year, 40% of Gwangmyeong and Siheung purchases were from Seoul Was there more pre-speculation?

Input 2021.03.07 09:42

In Siheung District, Gwangmyeong, where allegations of speculation by employees of the Korea Land and Housing Corporation (LH) were raised, about 40% of the purchasers of paddy fields and fields in the past year were from Seoul.

While it was revealed that some employees of LH, who are outsiders, bought rice fields in the Gwangmyeong and Siheung new towns, planted seedlings, and waited for land compensation, public opinion revolted at the speculation that investment demand could have flowed in many of the land transactions. There is also a possibility that it will become stronger.

Yonhap News reported that on the 7th, it has confirmed the registered copies of 36 cases of previous and answer transactions, which were traded at a price of over 1 billion won over the past year in the land transaction permission zone designated in the planned site of Siheung New Town in Gwangmyeong and its periphery. did.

As a result, out of a total of 89 buyers, 34 (38.2%) were counted as residents of Seoul. There were 28 residents of Gwangmyeong City and Siheung City, and 27 other residents.

A rice field of over 3,000 square meters in Okgil-dong, Gwangmyeong-si, was sold to six people for 1.5 billion won in August last year, but all six people lived in Seoul, and in detail, it varied from Guro-gu, Nowon-gu and Jongno-gu. However, two of the buyers of this rice field were found to have purchased a nearby rice field together with three other residents in July of last year, a month ago.

In June of last year, a field of over 4000m2 in Guarim-dong, Siheung-si, was sold to three Seoul residents for 1.8 billion won.

It is reported that many of the LH employees who caused the problem by buying land in Siheung District, Gwangmyeong, are also residents of Gangnam areas such as Songpa-gu and Pangyo, Seoul.

Some testimonies in the real estate market have turned into orthodox that the Gwangmyeong Siheung new city will be designated even before the second and fourth measures came out. So, it is speculated that this is why land transactions across Gwangmyeong City and Siheung City have recently been very overheated.

According to data on land sales trends by buyers’ residence by the Korea Real Estate Agency, the total land sales in Gwangmyeong City for two years from January 2019 to January this year, when statistics began to be created, amounted to 2,575 parcels, of which Seoul residents purchased. Transactions accounted for 5876 parcels (28.6%).

However, last month, a month before the Gwangmyeong Siheung District was designated as the third new city, the share of land purchases in Gwangmyeong City of Seoul residents soared to 35.8%, recording a monthly high. In Siheung City, out of the total land sales of 37355 lots in the past two years, the purchase of Seoul residents amounted to 5591 lots (14.9%).

In addition, house prices in Gwangmyeong City and Siheung City (total housing) rose 12.02% and 8.29%, respectively, last year, showing the highest rate of increase since 2008.

From 2018, when the 3rd new city development plan was materialized, to last year, when expectations for new city designation in Gwangmyeong and Siheung districts continued, the annual average rate of change in house prices for the three years in Gwangmyeong and Siheung was 8.48% and 1.79%, respectively. Even last month, when the Siheung District of Gwangmyeong was designated, house prices in Gwangmyeong-si rose by 1.26% and Siheung-si by 1.51%, respectively, up from 0.86% and 0.62%, respectively.