More than 47,000 apartments will go on sale nationwide next month.
According to Real Estate R114 on the 26th, a total of 47,062 apartments (including rentals) across 50 complexes nationwide will go on sale in April. That is up 116% from the same month last year (22,250 units).
Real Estate R114 said, "April is traditionally peak season for presales, and some volume scheduled for March was carried over, while more complexes sought to complete their sales schedules before the June local elections, concentrating supply."
In the greater Seoul area, 29,634 units will be offered. By region, Gyeonggi leads with 17,494 units, followed by Seoul (7,394 units) and Incheon (4,746 units). In Seoul, 1,931 units at Jangwi Prugio Mark One (Jangwi District 10) in Jangwi-dong, Seongbuk District; 1,515 units at Summit The Hill (Heukseok District 11) in Heukseok-dong, Dongjak District; and 1,499 units at La Classe Jade Pine (Noryangjin District 6) in Noryangjin-dong, Dongjak District, are scheduled for subscription.
In the provinces, 17,428 units will enter the subscription market. Supply is heaviest in South Chungcheong (5,074 units), North Gyeongsang (2,975 units), Busan (2,604 units), and Daejeon (1,780 units), in that order. Scheduled offerings include 1,314 units at Geoje Sangdong District 2 Centreville in Sangdong-dong, Geoje, South Gyeongsang; 1,712 units at Penta Hills W in Jungsan-dong, Gyeongsan, North Gyeongsang; and 1,460 units at Eopseong Prugio Lake City in Eopseong-dong, Seobuk District, Cheonan, South Chungcheong.
Real Estate R114 said, "With high presale prices and lending regulations still weighing on buyers, and with discussions under way to introduce a housing bond bidding system to claw back part of capital gains when the gap between nearby apartment prices and presale prices is large, uncertainty in the presales market has grown further," adding, "Some complexes may adjust their launch timing, so planned volumes are likely to fluctuate significantly."