Most of the nation’s regulated areas are tied up
‘U-turn’ to Seoul Gangnam
Songpa·Seocho·Gangnam 1st~3rd place
All 25 autonomous districts in Seoul are up
Reports such as Apgujeong, New Hyundai, etc.
Seoul jeonse price also rose for the 78th week
House prices in the Gangnam area are showing a steep rise. Parkrio apartment in Sincheon-dong, Songpa-gu, the highest rate of increase in apartment sales prices in Seoul this week. /Hankyung DB
This week, apartment prices in Seoul rose the most in five months (23 weeks). In particular, the rising trend in the Gangnam region is remarkable. Three Gangnam districts, such as Gangnam, Seocho, and Songpa, ranked first and third in the Seoul area. It is analyzed that the buying trend, which had spread to the metropolitan area and regions, avoiding the Gangnam area, which was hit by regulations such as the land transaction permission zone, is turning back to Gangnam.
Gangnam to increase its rise
According to the weekly apartment price trend of the third week of December (as of the 21st) announced by the Korea Real Estate Agency on the 24th, the rate of change in the sale price of apartments in Seoul this week recorded 0.05% compared to the previous week. The increase was larger than the previous week (0.04%). It is the highest increase rate in five months since the third week of July (0.06%), just after the announcement of the last’July 10 Real Estate Measures’, which strengthened real estate taxes such as the comprehensive real estate tax.
The rising trend in the Gangnam region was remarkable. Songpa-gu rose 0.10%, the largest in Seoul following last week (0.08%). Then, △Seocho-gu (0.06%→0.09%) △Gangnam-gu (0.05%→0.08%) △Mapo-gu (0.05%→0.07%). In addition, all 25 autonomous districts in Seoul, including Gangdong and Gwangjin-gu (0.07% each) and Dongdaemun and Nowon-gu (0.07% each), rose. An official from the Real Estate Agency explained, “Songpa-gu was mainly in Garak, Jamsil, and Bangi-dong redevelopment complexes and Wirye new towns, and Seocho-gu was driven by middle-low-priced apartments in Bangbae, Seocho-dong and Umyeon-dong.”
In the Gangnam area, there are reports of transactions. According to the Ministry of Land, Infrastructure and Transport’s actual transaction price disclosure system, a 151㎡ dedicated to’Asia Athlete’s Village Apartment’ in Jamsil-dong, Songpa-gu was reported for 3.3 billion won on the 16th. On the 18th, the exclusive 134㎡ contract was written at a reported price of 3.1 billion won. The 183㎡ dedicated to the’New Hyundai 11th’ in Apgujeong-dong, Gangnam-gu changed hands for 4.9 billion won on the 15th, up 260 million won from the previous highest price (October 4,640 million won). The 116㎡ dedicated to’Hanyang 3rd’ in Apgujeong-dong updated the reported price to 2.9 billion won on the 20th.
Local sales price growth slowed
Some areas in the metropolitan area and provinces, which showed overheating of house prices, decreased in the aftermath of the designation of regulated areas last week. Paju City, Gyeonggi Province, which was designated as a target area for adjustment on the 17th, has decreased from 1.11% last week to 0.98% this week. Busan, where all regions except Jung-gu and Gijang-gun are classified as target areas for adjustment, decreased from 0.71% last week to 0.61% this week. Last week, Ulsan, Nam-gu, which was designated as an adjustment target, fell from 1.13% to 0.63% and Jung-gu from 0.59% to 0.56%.
Experts analyze that as most regions of the country are tied up as regulated areas, the buying trend is again being concentrated in the core areas of Seoul, including Gangnam. Among 226 cities, counties, and gus nationwide, there are 49 overheated districts subject to various regulations such as transfer tax and acquisition tax, and a total of 111 areas subject to adjustment. Lee Chang-moo, professor of urban engineering at Hanyang University, said, “There is no sign of supply in downtown Seoul that consumers want in the next few years, so the scarcity value of apartments in key areas is increasing.” It’s rushing.”
On the other hand, this week, the nationwide apartment rental price rose 0.30% as in the previous week. The rate of increase (0.14%) of apartment rental prices in Seoul was the same as last week. The nationwide apartment rental price has been on the rise for 68 weeks and Seoul for 78 weeks. Excluding the metropolitan area this week, the rate of increase in apartment rental prices for local apartments was 0.37%, a record high following last week (0.36%). Sejong climbed 1.96%, showing the largest lease price in the country. This was followed by Ulsan (0.73%), Daejeon (0.62%), and Busan (0.49%).
Reporter Shin Yeon-soo [email protected]
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