In April, approximately 34,000 housing units are expected to be released in the nationwide apartment supply market. It has been reported that there have been no supply quantities in Seoul for two consecutive months.
According to the Real Estate R114 on the 28th, the upcoming apartment supply nationwide in April is counted to be 32 complexes, totaling 34,212 units (including rentals). In the metropolitan area, 18,580 units are expected to be supplied, while 15,632 units are anticipated in the provinces.
Among the metropolitan area, 14,652 units are on the verge of being supplied in the Gyeonggi region. Four out of five apartments in the metropolitan area (about 78%) are concentrated in Gyeonggi.
In the Gyeonggi Province, the main contracting in the Daejang district of Bucheon is expected to be carried out, and in Yongin, over 2,700 units are waiting to be supplied, including Eunhwa-sam district. In Incheon, 3,928 units are set to enter the supply schedule, including the quantities from the redevelopment project in Bupyeong-gu starting general sales. There will be no private sales supply complexes in Seoul in April, following this month.
In the provinces, the supply quantities are highest in ▲Busan (4,977 units), ▲Gyeongbuk (4,157 units), ▲Gyeongnam (2,638 units), ▲Chungbuk (2,322 units), and ▲Daejeon (998 units).
Major complexes include 'Changwon Mega City Xi & Weave' in Yeojwa-dong, Changwon, Gyeongnam (2,638 units) and 'Eco Delta City Aterra' in Gangdong-dong, Gangseo-gu, Busan (1,025 units), among others, where there is an expected supply of complexes with over 1,000 units.
Real Estate R114 analyzed that the subscription market continues to show a lukewarm atmosphere due to loan regulations and geopolitical uncertainties.
Baek Saerom, a researcher at the Real Estate Research Institute, noted that "the subscription market in the first half of this year will see construction companies weighing their sales schedules, leading to volatility in the timing and quantity of supply," adding that "as market uncertainties increase, there will be a stronger trend to selectively apply for subscriptions for solid complexes that can ensure liquidity and stable price defense based on strong demand."