Seoul small apartment prices have risen in a year… Average 770 million won

An average of 140 million won for apartments under 60㎡
Small apartments in the Gangnam area are also over 1.5 billion won.

Photo = Yonhap News

Photo = Yonhap News

As house prices have soared over the past year, it has been found that it is not easy for ordinary people to have a small apartment in Seoul. The prices of old apartments not only in the city center but also in the outskirts are rising significantly.

According to the monthly housing price trend of KB Kookmin Bank on the 7th, the average sale price of small apartments in Seoul last month reached 767.89 million won. Compared to a year ago, a whopping 149.3 million won has risen.

In terms of the rate of increase, it reaches 22.7%. This is almost twice as fast as the price of small apartments rose 7246 million won (13.1%) over the previous year (March 2019 to March 2020).

In this survey, small apartments are based on a’exclusive area of ​​60㎡’ or less. In the market, it is called ’25 pyeong’ (based on the supply area), and it is the size of a large number of newlyweds.

In areas such as’Nodo River’ (Nowon, Dobong, Gangbuk-gu) and’Geumgwan-gu’ (Geumcheon, Gwanak, Guro-gu), where small apartments are relatively large, the price of old and cramped apartments has risen significantly in one year. Is confirmed.

The 35-year-old Miseong Apartment in Wolgye-dong, Nowon-gu, was traded at a reported price of 795 million won (2nd floor) on the 17th of last month. This apartment did not exceed 600 million won until the first half of last year, but it is about to exceed 800 million won, rising to 150 million to 200 million won in one year.

The 59.88m2 for Ssangyong Apartment in Chang-dong, Dobong-gu, completed in 1997, was also traded at a reported price of 790 million won (16th floor) on the 8th of last month. It rose by 180 million won from 610 million won (9th floor) a year ago.

The 49.94㎡ of Jugong Complex 1, Beon-dong, Gangbuk-gu, 30 years old, was traded at the highest price of 600 million won (4th floor) on the 17th of last month. It increased by 140 million won from 460 million won (4th floor) a year ago.

In Guro-gu, 44.78m2 of Hanshin Apartments in Guro-dong, which celebrated its 34th year of occupancy, surpassed 400 million won (5th floor) in July last year and 500 million won (8th floor) in December, and recorded a reported price of 535 million won (6th floor) on the 10th of last month. did. It has risen by 150 million won in one year.

The average of small apartments in Seoul also reflected the sale price of expensive apartments such as reconstruction in the Gangnam area.

After 37 years of completion, the 51.12㎡ of Samik University Hall in Gaepo-dong, Gangnam-gu, which is currently pursuing vertical extension and remodeling, was traded at 1.515 billion won (11th floor) on the 2nd of last month. Now, in the Gangnam area, you can easily find small apartments worth over 1.5 billion won.

In this survey, the average sale price of small and medium-sized apartments in Seoul is 97629 won, reaching 1 billion won.

Recently, housing prices in Seoul have declined due to fatigue caused by short-term surges and expectations of supply due to the second and fourth measures, but it is observed that the demand for housing is still working as a mid-to-low-end complex in the outskirts of Seoul.

Joara, reporter of Hankyung.com [email protected]

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