140,000 Households Nationwide for Sale in Q3... 40% Concentrated in Gyeonggi-do

[Asia Economy Reporter Kim Hyemin] Approximately 140,000 apartment units nationwide are scheduled to be offered for sale in the third quarter of this year. Of these, 40% are concentrated in Gyeonggi-do.

According to Real Estate 114 on the 30th, the planned supply volume for July to September this year was surveyed at 166 locations nationwide, totaling 139,447 units. This is an increase of 13,718 units compared to the third quarter of last year.

By region, the metropolitan area accounted for 78,790 units (87 locations), and other regions accounted for 60,657 units (79 locations). In particular, 40% (55,574 units) of the total third-quarter supply volume is identified as Gyeonggi-do supply.

Real Estate 114 analyzed, "The Gyeonggi-do supply was concentrated in July, influenced by complexes whose schedules were delayed and those rushing to offer sales before the pre-sale application for the 3rd phase new towns in the second half of the year." The pre-sale supply for the 3rd phase new towns scheduled for July is also expected to provide 3,300 units in Gyeonggi-do, raising expectations for active movement in the Gyeonggi-do sales market.

Especially in Gyeonggi-do, large-scale complexes are heavily concentrated. Among the 62 complexes scheduled for sale in the third quarter, 20 complexes with more than 1,000 units total 35,394 units. Vermonteuro Gwangmyeong in Gwangmyeong City (3,344 units), Suwon Gwonseon 6 District in Suwon City (2,175 units), Pyeongchon Trizia in Anyang City (2,417 units), and Hillstate Monteroi in Yongin City (3,731 units) are preparing for sale.

Following Gyeonggi-do, the order is ▲Incheon (12,802 units) ▲Seoul (10,414 units) ▲Daegu (8,083 units) ▲Gyeongbuk (7,819 units) ▲Busan (7,458 units).

In Seoul, where supply was scarce in the first half of the year, the supply volume is beginning to be actively released starting with the Raemian One Bailey in Seocho-gu this month. However, Real Estate 114 advises that since it is the epicenter of subscription enthusiasm, a score of 70 or higher is required to be in the winning range. In Seoul, redevelopment complexes in the Gangbuk area, including e-Pyeonhansesang Gangil Urban Bridge (593 units), the last private sale apartment in Goduk Gangil District, Gangdong-gu, as well as Raemian in Imun 1 District, Dongdaemun-gu (2,904 units), and Prugio in Haengdang 7 District, Seongdong-gu (958 units), are scheduled for sale.

Senior Researcher Yeo Kyung-hee of Real Estate 114 pointed out, "About 60,000 units, half of the third-quarter supply volume, are scheduled to be supplied next month," adding, "In popular areas of Gyeonggi-do such as Hanam and Gwangmyeong, a score of 60 points will be required to be in the winning range, so applicants with low scores need to devise strategies such as niche area units and lottery system units."

Senior Researcher Yeo also advised, "Since the capital gains tax surcharge rate will be applied even when reselling pre-sale rights from this month, subscription aiming for short-term profits should be avoided," and "Considering that resale restrictions and mandatory residence requirements within speculative overheated districts will be strengthened, subscription accounts should be used cautiously."

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