Signs of Jeonse Crisis in Gunsan Draw Attention to 'Gunsan Sinyeokse-gwon Yedaeum'

The apartment jeonse (long-term lease) market in Gunsan is undergoing rapid changes. Over the past two years, the number of jeonse listings has dropped significantly, leading to what is being called a 'jeonse shortage' phenomenon, and as a result, jeonse prices are showing a clear upward trend.

According to the real estate big data platform 'Asil (Apartment Actual Transaction Price)', the number of apartment jeonse listings in Gunsan decreased from 556 in April 2023 to 300 in April 2025, a reduction of approximately 46%. On an annualized basis, this translates to about -26% per year, marking two consecutive years of double-digit declines.

As the supply of jeonse listings has dwindled, prices have continued to rise. Industry analysis shows that the average jeonse price per pyeong for apartments in Gunsan that have been occupied within the last five years increased from approximately 7.5 million won in 2023 to about 8.19 million won in 2025, representing a rise of about 9.2% over two years. This rate of increase surpasses the national average for jeonse price growth during the same period.

However, the supply situation remains limited. While some development projects are underway, large-scale supply of new apartments in Gunsan is postponed until after 2026. As a result, the shortage of supply compared to jeonse demand is expected to persist for the time being, and experts commonly agree that this will likely lead to continued upward pressure on jeonse prices.

A local real estate expert explained, "Gunsan, which has one of the highest jeonse price ratios in the country, attracts attention from both end-users and investors. The stable upward trend in jeonse prices, even amid a shortage of listings, is a factor that enhances market confidence."

Currently, several new apartment complexes in Gunsan built by major domestic construction companies such as POSCO E&C, DL E&C, and Youngmu Construction are about to be occupied. In a situation where jeonse shortages and price increases persist, new apartments with attractive sale prices are being seen as a 'last opportunity' for both end-users and investors. Among these, 'Gunsan Sinyeokse-gwon Yedaeum' by Youngmu Construction is evaluated as having strong price competitiveness due to the application of the presale price ceiling system.

Gunsan Sinyeokse-gwon Yedaeum has attracted attention from the initial stages of supply thanks to its practical floor plans centered on end-users and its reasonable pricing. With its advantageous location and conditions that can absorb both future jeonse and sales demand in a limited supply environment, it is expected to offer a real opportunity to buyers as the last general presale apartment in Gunsan Sinyeokse-gwon subject to the presale price ceiling system.