In Seoul's apartment market, moves to transfer ownership through gifts are spreading across all districts. Last month, major districts such as Songpa, Yangcheon, Seocho, and Gangnam saw a sharp increase in the number of gift applications compared with the same month a year earlier.
On the 12th, real estate information app Jippoom said its analysis of Supreme Court Registry Office data found that in April, applications for ownership transfer registration (gift) across Seoul's 25 districts totaled 2,095 properties. That was up 51% from 1,387 the previous month and about 3.1 times higher than the same month a year earlier (April 2025, 671).
By district, Songpa recorded the most gift applications in April with 175. It was followed by ▲ Yangcheon with 137 ▲ Seocho with 131 ▲ Nowon with 123 ▲ Gangnam with 115.
The increase is particularly notable compared with the same month a year earlier (April 2025). Songpa rose from 37 to 175, about 4.7 times; Yangcheon from 39 to 137, 3.5 times; and Seocho from 32 to 131, 4.1 times. Gangnam also increased from 49 to 115, more than 2.3 times.
By contrast, Jongno held steady at 31 in April, the same as March (31). Jung fell to 33 in April from 45 in March, and Geumcheon edged down to 34 in April from 36 in March. As of April, the gap in gift counts between Songpa (175) and Jongno (31) was tallied at 5.6 times.
As of April, none of the 25 districts saw a year-over-year decline in gifts, with all districts recording increases in applications. Dongjak (29 → 113), Gwangjin (26 → 106), and Yongsan (20 → 109) also posted gains of three to four times from a year earlier.