Yangju apartment price jumped 5% in a month… ‘Panic buying’ spread along with GTX

The rise in apartment prices in the metropolitan area continues. In particular, the rise in apartment prices around the metropolitan metropolitan express train (GTX) line is remarkable.

According to the weekly apartment price trend of the Korea Real Estate Agency on the 31st of last month, the apartment prices in the metropolitan area rose 0.33% in the fourth week of January (as of the 25th), the highest increase since May 2012, following Jeonju (0.31%). Recorded. Gyeonggi Province also rose 0.46%, showing the highest rate of increase ever.

Yangju, the region that climbed the most, rose 4.86% over the past month. During this period, apartment prices rose the most in the country, a higher rate than last year’s overall increase (4.19%).

Yangju’s house prices began to fluctuate from the end of last year. On December 17 last year, the designation of a private investment project for the GTX-C line connecting Yangju (Deokjeong Station) and Suwon and a draft facility business basic plan (RFP) passed the Private Investment Project Deliberation Committee.

Due to poor accessibility to Seoul, Yangju apartment prices have been stagnating. As the supply of large-scale apartments such as Okjeong New Town increased, the unsold out was also serious. In this situation, as the progress of the GTX business accelerated, expectations for a price increase increased. When the GTX-C route is opened, the travel time between Deokjeong and Samsung is greatly reduced from 82 minutes to 27 minutes.

The highest price deals are coming out one after another, mainly in Okjeong New Town, where there are many new apartments. The exclusive area of ​​84 square meters for the Okjeong New City’e-Pyunhansesang Okjeong Edu Summit’ was traded at 580 million won on January 6th. On November 27, last year, it increased 83 million won compared to the transaction at 497 million won. A bid priced at 800 million won also appeared in this flat belt.

As a result of analyzing the actual transaction price disclosure system of the Ministry of Land, Infrastructure and Transport (as of January 31), there were 707 apartment sales in Yangju last December, of which the highest (reported) transaction ratio was 29.8% (211). However, the highest transaction ratio in January was 37.2% (94 cases / 235 cases), a significant increase from last month. Recently, unsold sales are also on the decline. According to the Ministry of Land, Infrastructure and Transport, the amount of unsold units in Yangju, which reached 1057 units in September last year, has decreased to 42 units in December.

A realtor in Yangju explained, “It seems that the number of customers has doubled in the new year,” and “There are many inquiries about new construction close to Deokjeong Station as well as cheaper construction.”

After Yangju, house prices in Deogyang-gu, Goyang (4.55%), Ilsanseo-gu (3.64%), Namyangju-si (3.08%), and Ilsandong-gu, Goyang (2.97%), rose a lot in order. All of them are areas with good GTX benefits.

In Deogyang-gu, Goyang, on December 29, last year, wide-area traffic improvement measures, including the establishment of a new GTX-A line, Changneung Station, were released. Large complexes are listed one after another in the’Billion Club’.

The 84㎡ exclusive area for’Wonheung Dongil Suite’ in Donae-dong, Deokyang-gu was traded at 1.1 billion won on the 5th of last month. In December last year, it was traded at 820 million won, but it changed to a price of 280 million won. Samsong-dong Samsong 2nd I-Park exclusive area of ​​84 square meters was also traded for 1 billion won last month from 897.75 million won in November last year. Deokyang-gu had 397 actual transactions last month, of which 51.1% (203) was the highest.

Experts analyze that this is because the buying trend of’panic buying (panic buying)’ has shifted to the relatively undervalued northern part of the Gyeonggi Province over the surge in home prices from’GTX’ in Yangju and Ilsan.

Gimpo, Gyeonggi Province, was the first place where the craze to buy apartments began to spread as fears of having to buy apartments now spread to those in their 20s and 40s after the enforcement of the 3rd lease law in July last year. However, as Gimpo was tied up as a regulated area in November last year, this movement moved to Paju, and the buying trend that swept through Paju spread to Ilsan and Yangju, which had been marginalized so far.

Seong-gyu Doo, a senior researcher at the Korea Institute of Construction Industry, said, “Yangju and Ilsan Deokyang are places that have been out of the uptrend. It is continuing,” he explained.

Reporter Kim Won [email protected]