[이코노믹리뷰=이소현 기자] It was found that apartment prices in Seo-gu, Incheon, have risen 41% over the past three years, and have risen more rapidly than in the Seoul area.
As a result of analyzing real estate statistics by Real Today, a real estate research firm on the 15th, the average sale price of apartments in Seo-gu, Incheon, has increased by 41% over the last three years (February 2018 to February 2021).
This is higher than the 32% increase in average apartment prices in Seoul during the same period. In addition, Incheon (31%) and nationwide (28%), as well as Gyeonggi-do, where the average apartment price rose by 38%, did not exceed Seo-gu, Incheon.
In Seo-gu, Incheon, which was once called a tomb of unsold sales, the performance of the pre-sale market is changing dramatically. A total of 8 complexes were sold in this area last year, and 11,56 people flocked to recruiting 5,649 households, recording an average of 19.5 to 1 in the subscription competition rate.
‘Gumam Station Royal Park City Prugio Complex 1’, which was sold in June last year, recorded an average competition rate of 30.7 to 1 with 4,7281 people in recruiting 1538 households. At the same time, 7,346 people subscribed, showing an average competition rate of 27.2:1.
It was found that the house price of individual complexes was also a premium of billions of dollars. The 84㎡ (12th floor) exclusively for the Cheongna International City’Cheongna Hoban Verdium (29 blocks)’ sold in 2009 was sold at 640 million won last month. It increased more than 200 million won from 435 million won (2nd floor) sold in the same month of the previous year.
The same is true for sales rights. The 84㎡ (24 floors) dedicated to Geomdan New Town’s Lakeside Summit 1st, sold in October 2018, recently sold for 1 billion won. This is an amount with a premium of over 550 million won compared to the pre-sale price.
Experts believe that as Seoul’s accessibility to Seoul became more convenient due to the improvement of the transportation network in Seo-gu, Incheon, housing preferences increased and apartment prices rose. Currently, in Seo-gu, Incheon, various traffic concessions are continuing, such as the Incheon Urban Railway Line 1 Geomdan Extension Project and the Seoul Subway Line 7 Extension Project.
First, in Geomdan New City, the opening of the Incheon Subway Line 1 Sinseol Station is scheduled for 2024. Upon completion, it will be possible to move 10 minutes from Gyeyang Station to Magok, 30 minutes to Seoul Station, and 40 minutes to Gangnam. In addition, the wide-area road between Wondang and Taeri, which connects directly to Olympic Highway, is being promoted with the goal of opening in 2023, so accessibility to Seoul will be greatly improved.
In Cheongna International City, an extension project for Seoul Subway Line 7 is scheduled to proceed. When this line is entered, access from Cheongna International City Station to Gasan Digital Complex in Seoul will be accessible in 40 minutes, and Gangnam Express Bus Terminal Station in Seoul will be accessible in an hour. Currently, Seoul Line 7 is currently operating from Jangam Station to Bupyeong-gu Office Station, and a project extending from Bupyeong-gu Office Station to Seoknam Station in Seo-gu, Incheon is under construction with the aim of opening in the first half of this year. Here, the Cheongna extension line runs from Seoknam Station to Cheongna International City Station on the Airport Railroad.
In addition, there are traffic benefits such as the extension of Incheon Urban Railway Line 2, direct connection of Incheon Airport Railway and Subway Line 9, and recently, the GTX-D route from Gimpo through Bucheon, Sillim, Gangnam, and Jamsil to Hanam has been promoted. As a business agreement was also signed, expectations for Seo-gu, Incheon, are even higher.
An official from Real Today said, “Incheon Seo-gu is expected to improve access to the city center more and more conveniently.” In addition, Geomdan New City and Cheongna International City have residential infrastructure as planned cities, while providing a home at a relatively reasonable price compared to Seoul. As much as possible, the inflow of external demand will steadily increase.”
In the first half of this year, new supplies are also scheduled in Seo-gu, Incheon. Geumseong Swan plans to sell’Gumdan New City Yemiji First Fore’ in the AB3-2 block of Geomdan New City in April. It has a total of 1172 households with a total area of 76 to 102㎡, with 10 buildings, from 2 basement levels to 25 floors above the ground.
Umi Construction plans to sell’Umirin Park View’ in Geomdan New City at AA8 block this month. It consists of 2 floors below ground and 25 floors above ground, 12 buildings, 59-84㎡ of exclusive area, and a total of 1180 households. Geumgang Housing plans to supply’Incheon Geomdan Geumgang Penterium (tentative name)’ to the RC3 block and RC4 block of the Geomdan New City. It is a multi-purpose complex with 6 buildings, 35 floors above the ground, and a total of 930 households. The pre-sale is scheduled for the RC3 block in April and the RC4 block in June.