In August, more than 25,000 apartment units are expected to be offered nationwide.
According to the real estate platform Zigbang, a total of 25,699 apartment units are scheduled to be offered nationwide this month. This is an increase of about 58% compared to 16,266 units during the same period last year. Among the offered units, the number of general sale units is 18,925, which is also a 73% increase from 10,962 units during the same period.
By region, the metropolitan area accounts for about 68% with 17,544 units. Gyeonggi province has 13,245 units, Incheon has 2,434 units, and Seoul has 1,865 units scheduled.
A major complex is 'Jamsil Rael' in Sincheon-dong, Songpa District, which is considered the biggest fish in the Seoul selling market for the second half of the year. This complex, which is a reconstruction of the Miseong and Clover Apartments, will be priced lower than market rate due to the application of the price cap system. The market estimates a price profit of around 1 billion won.
In Gyeonggi Province, large-scale units are concentrated. ▲ 'Cheolsan Station Jiah' in Gwangmyeong with 2,045 units ▲ 'Anyang Jiah Heritageon' in Anyang with 1,716 units ▲ 'Jiwell Ellium Yangju Deokgye Station' in Yangju with 1,595 units, among others, are scheduled to be offered, while in Incheon, 'Elif Geomdan Foredu' in Seo-gu with 669 units is also approaching sale.
In the provinces, 8,155 units will be supplied. ▲ Busan (2,776 units) ▲ Chungnam (1,222 units) ▲ Gangwon (1,145 units) ▲ Ulsan (1,132 units) ▲ Gyeongnam (994 units) ▲ Gyeongbuk (643 units) ▲ Chungbuk (243 units), in that order.
Major complexes in the provinces include ▲ 'Seomyeon Summit The New' in Busan with 919 units ▲ 'Wonju Station Woomirin The Stella' in Gangwon with 927 units ▲ 'Hanwha Forena Ulsan Mugeo' in Ulsan with 816 units ▲ 'Cheonan I-Park City Complex 2' in Cheonan, Chungnam with 1,222 units ▲ 'The Shop Sinmun Greenity Phase 2' in Gimhae, Gyeongnam with 695 units, among others.
A representative from Zigbang noted, "The August housing market is expected to show varying results in subscription performance by complex due to the impact of the June 27 measures and the conditions of loans and funding structures," adding that "complexes subject to the price cap system or those capable of responding to demand within loan limits are likely to continue attracting actual buyers, while complexes with high prices or significant financial burdens may see a wait-and-see attitude in subscriptions."