Daejeon Also Sees Consecutive Record Highs... '1 Billion Won' Apartments Emerge One After Another
13% Increase from January to August This Year, Widening Gap up to 5%P Compared to Other Areas
Sharp Price Rise in Doan New Town Center... Consecutive Record Highs
'I-Park 2nd Complex' and 'Triple City 9th Complex' 30-Pyeong Units Surpass 1 Billion Won
Over 1,900 Units Supplied This Year with Buying Frenzy Among 30s... Growing Interest in New Sales
This year, apartment prices in Daejeon have been rising rapidly, with more properties joining the '1 Billion Won Club.' This is why demand is focused on newly launched complexes.
According to data from KB Kookmin Bank's Live Real Estate as of the 11th, from January to August this year, apartment price growth in Daejeon reached 13.3%, the highest among the five metropolitan cities and Sejong City. Busan followed in second place with 12.3%, while Daegu (8.9%), Ulsan (8.9%), and Gwangju (7.1%) saw single-digit growth rates. Sejong, which had the highest growth last year, slowed down this year with an 8.4% increase.
Within Daejeon, Yuseong-gu's housing price growth stands out, recording 16.7% from January to August, ranking first. During the same period, Daedeok-gu rose 13.6%, Seo-gu 13.2%, Jung-gu 13.2%, and Dong-gu 6.5%.
Among Yuseong-gu areas, apartments in Doan New Town, which have become the most popular, have driven Daejeon's apartment prices by gaining tens of millions to hundreds of millions of won in market value over the past few months.
According to the Ministry of Land, Infrastructure and Transport's real transaction price disclosure system, a 101㎡ unit in 'Triple City Complex 9' in Doan New Town was sold for 1.227 billion won in August, setting a new record. Until November last year, it was traded at 1.045 billion won, but the price rose by nearly 200 million won in just nine months. The pre-sale rights for an 84㎡ unit in 'Daejeon I-Park City Complex 2,' scheduled for move-in this November, were traded for 1.17782 billion won in May, nearly 300 million won higher than the 889.3 million won transaction price in June last year.
The sharp rise in Daejeon housing prices is attributed to a significant reduction in new apartment supply. Although Daejeon City announced a supply plan for 34,945 households earlier this year, only 5.6% (1,965 households) of the target was supplied by August.
The active participation of buyers in their 30s is also fueling price increases. According to the Korea Real Estate Board, from January to July this year, apartment transactions by people in their 30s in Daejeon totaled 3,132, surpassing the traditional major buyers in their 40s (2,882) and 50s (2,346). The 30s age group surpassing the 40s in transaction share is rare, limited to some areas in Seoul and the metropolitan area.
Areas with imminent pre-sales are attracting high demand. First, POSCO Construction plans to launch 'The Sharp Doan Twinence,' a complex with 308 units of 84㎡, in the heart of Doan New Town, Daejeon, in September. It is located in a prime station area right in front of the Daejeon Metro Line 2 tram (scheduled to open in 2027), adjacent to Doan-daero and Dongseo-daero roads that connect all parts of Daejeon, and close to Yuseong IC, the planned Hyeonchungwon IC, Daejeon Southern Ring Expressway, and Honam Expressway. Anyone aged 19 or older can apply regardless of subscription savings account, residence restrictions, or home ownership. There is no restriction on re-winning.
POSCO Construction will also supply 'Yongmun The Sharp Reeshuville (tentative name)' in Yongmun-dong, Seo-gu, in collaboration with Gyeryong Construction through the reconstruction of Yongmun 1, 2, and 3 districts. It is a large complex with 2,763 units ranging from 48 to 99㎡. The complex is near Yongmun Station on Daejeon Metro Line 1, and close to Seodaejeon Station (KTX Honam Line), Daejeon Station (KTX Gyeongbu Line), and Daejeon Bus Terminal.
In Dong-gu, Kolon Global opened a model house for 'Euneosong Haneulchae Riverview' on the 10th and started pre-sales. It offers 934 units ranging from 59 to 84㎡. The Daejeoncheon stream lies directly in front of the complex, with Sikjangsan Mountain to the east.
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Real Estate Info Research Team Leader Kwon Il said, "Although supply is not smooth with several complexes still considering post-sale, existing apartment prices continue to rise, so the demand for home ownership remains solid," adding, "The enthusiasm for new pre-sales is expected to remain strong in the second half of the year."
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