Gwangju Area Apartment Subscription Disqualification Rate Highest Nationwide for 3 Consecutive Years

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] For the third consecutive year, Gwangju Metropolitan City has been confirmed to have the highest rate of disqualified applicants for apartment subscriptions nationwide.

There are calls for special attention to subscription applications and for the government to take active measures to prevent subscription confusion and reduce the number of disqualified applicants.

According to the National Assembly inspection data submitted by the Ministry of Land, Infrastructure and Transport to Assemblyman Jo O-seop (The Democratic Party of Korea, Gwangju Buk-gu Gap), among apartment applicants in Gwangju over the past three years (2018 to August 31, 2020), the rate of those who won the subscription but were disqualified and had their subscription canceled was the highest nationwide.

The trend shows 16.9% (345 people) in 2018, 20.7% (1,626 people) in 2019, and 15.4% (302 people) in 2020.

The nationwide rate of cancellations due to disqualification among subscription winners was 9.5% in 2018, 11.3% in 2019, and 8.1% this year.

Looking at the types of subscription cancellations this year, errors in subscription scoring accounted for 94.4% (285 people), making up the majority, followed by duplicate subscriptions and wins by members of non-homeowner households at 3.3% (10 people).

In particular, the disqualification rate was high in major complexes such as Mudeungsan Hanguk Adelium at 22.0% and The Sharp Gwangju Forest at 18.0%. The reasons for disqualification are analyzed to be due to insufficient prior verification of eligibility for special supply and home ownership status.

Disqualified winners, according to Article 58 of the “Regulations on Housing Supply,” cannot be selected as residents of other sale housing in non-metropolitan areas such as Gwangju for six months.

The Korea Real Estate Board’s “Subscription Home” system provides services such as verification of home ownership, subscription practice, and prior verification of household member subscription eligibility. Applicants should check these in advance before applying to prevent winning a subscription and then being disqualified and canceled.

Assemblyman Jo said, “The Ministry of Land, Infrastructure and Transport should continuously monitor the occurrence of disqualified applicants in detail and make additional improvements to the system to reduce the number of disqualified applicants.”

This content was produced with the assistance of AI translation services.