12,000 Households Nationwide Move In May... Seoul Supply is '0'

2085 Households in Pangyo Daejang District, 558 Households in Hanam Wirye New Town, etc.

[Asia Economy Reporter Onyu Lim] Approximately 12,000 households nationwide will move in during May. There is no move-in volume in Seoul.

According to Zigbang on the 26th, the nationwide apartment move-in volume in May was surveyed at 12,031 households. This is an increase of 1,935 households compared to 10,096 households in the previous month.

The move-in volume for apartments in the metropolitan area is expected to increase 2.9 times from 1,848 households in the previous month to 5,467 households. In the provinces, 6,564 households are preparing to move in, which is expected to decrease by 1,684 households compared to 8,248 households in the previous month.

The region with the largest move-in volume in May is Gyeonggi Province, with 4,896 households scheduled. This is more than a tenfold increase compared to 432 households in the previous month. In particular, move-in volumes are concentrated in Seoul-adjacent development areas such as five complexes with 2,085 households in Pangyo Daejang District, Seongnam City, 558 households in Wirye New Town, Hanam City, and 684 households in Gam-il District.

However, the move-in volume in Seoul is zero. Seoul is expected to have no move-in volume for the first time since July 2014 on a monthly basis.

In the provinces, move-ins are centered on small to medium-sized complexes with fewer than 500 households rather than large complexes with more than 1,000 households. Only one large complex with more than 1,000 households, Bongrae Eilin-e Deul in Yeongdo-gu, Busan, is scheduled for move-in.

Ham Young-jin, head of Zigbang Big Data Lab, stated, "Although there are concerns that the absence of scheduled move-ins in Seoul in May could lead to price instability, the increase in apartment move-in volumes in Gyeonggi Province, centered on Seoul-adjacent and popular areas, is expected not to lead to market instability."

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