“Real estate must be stabilized” Nam-ki Hong, sold Uiwang apartment for 9.2 billion won

Hong Nam-ki, Deputy Prime Minister of Economy and Minister of Strategy and Finance, completed the sale of his apartment in Uiwang, Gyeonggi-do last month. It has been five months since they decided to sell their house to escape from the’high-ranking multi-household officials’.

According to a certified copy of the registration book of the apartment in Naeson-dong, Uiwang-si by Deputy Prime Minister Hong on the 4th, ownership of the apartment (only 97.12㎡) was completed last month. The trading price was reported as 920 million won. As of August last year, when Deputy Prime Minister Hong signed a trading contract, it is the highest price among the same area at the time. Before that, it was 950 million won recorded in March last year. Last month, it was sold for 928 million won.

Deputy Prime Minister Hong acquired the apartment in March 2013. The sale price of the apartment where Deputy Prime Minister Hong lived at the time was 15.33 million won per 3.3 square meter, which is about 600 million won. It seems that it has made a profit of about 300 million won for 7 years.

When real estate prices skyrocketed last year, the government advised high-ranking multi-household officials to sell all houses, leaving only one house. At that time, Deputy Prime Minister Hong, who was a multi-household owner, received the right to sell in Sejong City, and hastily released a house. Deputy Prime Minister Hong unveiled an apartment in Uiwang in July of last year to find a new landlord, but the tenant who lived in it exercised the right to apply for contract renewal and said that he would not leave the house, and the sale was in danger of being misfired. This is because the new landlord to buy the apartment was not able to move in and thus could not get a loan for funds.

In the end, Deputy Prime Minister Hong persuaded the tenant to pay the eviction consolation money and convinced the tenant to conclude the sale contract. At the time, as it became known that Deputy Prime Minister Hong paid the eviction consolation money, he was criticized for being caught in the blind spot of the’Three Lease Act’. An official from the Ministry of Science and Technology said, “It wasn’t easy for Deputy Prime Minister Hong to sell the apartment, but with the will to solve the multi-household, the sale proceeded as quickly as possible.”

Meanwhile, Deputy Prime Minister Hong said, “From the beginning of the year, we must put all our policy competencies and make every effort to stabilize the real estate market.” “Real estate, household debt, trade issues, population “We need to manage risk factors that may arise unexpectedly, such as problems,” he said.

He stressed, “If the preliminary support measures are taken at the Cabinet meeting tomorrow, we will implement customized damage support measures according to the third spread as quickly as possible, and respond to overcome the crisis in harmony with virus and economic quarantine.”

Reporters Seongbin Lim and Seokhyun Ko [email protected]