In the First Month of the Year of the Ox, Over 22,600 Apartment Units Nationwide for Sale
[Asia Economy Reporter Choi Dong-hyun] In the first month of the Year of the Ox 2021, approximately 22,600 households will be supplied nationwide. In particular, large-scale complexes with more than 1,000 households are scheduled in various parts of the metropolitan area and provinces, attracting significant attention from actual buyers.
According to real estate research firm Realtoday on the 2nd, a total of 26,788 households will be supplied nationwide in January, of which 22,629 households will be available for general sale. The general sale volume in the metropolitan area is 13,403 households (59.2%), and in the provinces, 9,226 households (40.8%).
Compared to last month's general sale performance, this month's general sale volume has decreased. Nationwide and provincial volumes decreased by 37.7% (36,307 households → 22,629 households) and 59.9% (23,013 households → 9,226 households), respectively, while the metropolitan area saw a slight increase of 0.8% (13,294 households → 13,403 households).
However, compared to January last year, the figures have increased significantly. The nationwide general sale volume in January 2021 (22,629 households) rose by 311.4% compared to the same month last year (5,501 households). The metropolitan area increased by 314.6% (3,233 households → 13,403 households), and the provinces by 306.8% (2,268 households → 9,226 households).
By city and province, Incheon accounted for the largest share with 7,721 households, followed by Gyeonggi with 5,682 households, Gyeongbuk with 3,079 households, Sejong with 2,305 households, and Daegu with 1,254 households.
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In particular, large complexes with more than 1,000 households will be consecutively supplied this month. ‘Bupyeong Castle & The Sharp First’ (1,140 households), ‘e-Pyeonhansesang Yeongjong International City Centum Venue’ (1,409 households), and ‘Asan Sambu Renaissance The Hill’ (1,016 households) are expected to attract high interest from buyers.
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