20,000 Housing Units to Be Supplied Nationwide This Month... 12% Less Than Three-Year Average [Real Estate AtoZ]

13,780 Units Supplied in the Seoul Metropolitan Area
6,664 Units Offered in Regional Areas

This month, 20,000 housing units are scheduled for sale across the country. While this represents a 17% increase compared to last year, it is still 12% less than the average supply over the past three years. As regulatory conditions change and market uncertainty persists, construction companies are adjusting their schedules rather than rushing to launch new projects.

Yonhap News Agency

According to Zigbang on December 1, the number of housing units scheduled for sale in December is 20,444. Of these, 13,780 units will be supplied in the Seoul metropolitan area, while 6,664 units will be offered in regional areas.

In the Seoul metropolitan area, Incheon leads with 6,557 units, followed by Gyeonggi Province with 4,866 units, and Seoul with 2,357 units. In Seoul, Yuksam Central Xi (237 units), Define Yeonhui (959 units), and Arc Road Seocho (1,161 units) are planning to launch sales. In Gyeonggi Province, The Sharp Bundang Centro (647 units), Suji Xi Edition (480 units), and Doosan We've the Central Suwon (556 units) will be available. In Incheon, large-scale supply is planned, including Forena The Sharp Incheon City Hall Station (2,568 units), as well as projects in Geomdan, Songdo, and Yeongjong International City.

In regional areas, Busan is expected to see the largest number of units with 2,943 scheduled for sale, followed by Ulsan (1,623 units), North Gyeongsang Province (1,004 units), Sejong (641 units), and South Gyeongsang Province (453 units). In Busan, Eco Delta City Joint 5BL (998 units), Dongnae Prugio Eduforet (1,418 units), and Hanwha Forena Busan Daeyeon (367 units) are set for sale.

In Ulsan, Taehwagang Central I-Park (704 units) is scheduled for sale; in North Gyeongsang Province, Sangbang Park Hoban Summit Complex 1 (1,004 units); in Sejong, Multifunctional Administrative City 51L1BL (641 units); and in South Gyeongsang Province, Hillstate Mulgeum Central (453 units) will be offered.

Number of Housing Units Scheduled for Sale by Region in December. Provided by Zigbang

Last month, the sales market saw a completion rate of 88% compared to planned supply, indicating relatively smooth distribution. The overall first-priority subscription competition ratio was approximately 4 to 1 (as of November 25), showing that basic market demand remains steady. Despite ongoing regulatory tightening and market changes, major complexes continued to see high levels of subscription participation.

In particular, some complexes recorded outstanding first-priority subscription competition ratios, such as Hillstate Gwangmyeong 11 in Gyeonggi Province (36.66 to 1), Songcheon Artium The Forest in Jeonju, North Jeolla Province (21.16 to 1), and Pungmu Station Area Sujain Gracent Phase 1 in Gimpo, Gyeonggi Province (6.69 to 1). However, some complexes failed to meet their subscription targets, indicating that polarization among complexes continues.

Kim Eunseon, Head of the Big Data Lab at Zigbang, explained, "While a certain level of supply will continue in December, volatility is likely to persist for the time being as construction companies adjust their sales schedules according to market conditions. As financial factors such as interest rates and exchange rates become increasingly important variables, prospective buyers should comprehensively review subscription requirements, financial plans, and sales prices before making decisions."