About 34,214 Households to Be Offered for Sale Next Month
4 Out of 5 Units Concentrated in Gyeonggi Region
In April, it is expected that around 30,000 households nationwide will be offered for sale, with demand for subscription expected to concentrate mainly on areas near subway stations and large-scale complexes.
According to Real Estate R114, 32 apartment complexes nationwide are scheduled for sale next month, totaling 34,212 households. In the metropolitan area, 18,580 households are set to be offered, while 15,632 households are planned for sale in provincial areas.
In the metropolitan area, 4 out of 5 units available for sale are concentrated in the Gyeonggi region. The planned supply in Gyeonggi is 14,652 households. In Yongin, Gyeonggi, about 2,700 households, including those in the Eunhwa Samji district, will be put up for sale. In Incheon, 3,928 households will be offered, including units from the redevelopment project in Bupyeong-gu starting general sales. On the other hand, there are no private sale supply complexes scheduled in Seoul next month.
In the provinces, Busan has the largest planned supply with 4,977 households. This is followed by △Gyeongbuk (4,157 households), △Gyeongnam (2,638 households), △Chungbuk (2,322 households), and △Daejeon (998 households). For large-scale complexes with over 1,000 households, the 'Changwon Megacity Xi & Weave' in Changwon, Gyeongnam, and 'Eco Delta City Atera' in Gangseo-gu, Busan, are scheduled. These two complexes will offer 2,638 and 1,025 households respectively.
The industry expects that as market uncertainties increase, subscription demand will focus on prime complexes that offer liquidity and stable price protection. In particular, apartment complexes near subway stations with excellent public transportation access and low downward price pressure are predicted to be popular.
A Real Estate R114 official stated, "Apartments near subway stations tend to have relatively low downward price pressure even when the real estate market contracts," adding, "The speed of price recovery is also fast, making them highly preferred by both residents seeking stable asset management and investment demand groups." They further added, "There is a high possibility that subscription applicants will focus their attention on apartments that can become landmarks in the area, such as those near subway stations and large-scale complexes."
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