February Second Week, Nationwide 1 Location·94 Households Apply for Subscription... Including Eunpyeong-gu Publicly Supported Private Rental

[Asia Economy Reporter Kwak Min-jae] The housing market will take a brief pause next week. Apart from the public-supported private rental apartments supplied in Eunpyeong-gu, Seoul, there are no other complexes expected to open for subscription. Although the government has launched extensive regulatory easing, construction companies appear to be weighing the timing of supply.

[Image provided by RealToday]

According to Real Today, a real estate research firm, one location nationwide with 94 units (excluding Happy Housing, including public-supported private rentals) will open for subscription in the second week of February.

On the 8th next week, one public-supported private rental apartment complex will be supplied. The ‘Seoul Eunpyeong New Town Dietre The First,’ a public-supported private rental apartment located in Jingwan-dong, Eunpyeong-gu, Seoul, will accept subscription applications. It consists of 15 buildings from 5 basement floors to 15 above-ground floors, with exclusive areas ranging from 59 to 84㎡, offering 94 units out of a total of 452 units for sale.

Meanwhile, on the 6th, special supply applications will begin for three public sale housing pre-subscription locations: Goyang Changneung (877 units), Namyangju Jinjeop 2 (372 units), and Yangjeong Station area (549 units).

Winner announcements will be made for two locations, and official contracts will proceed at five locations.