Last Month's Subscription: 1 in 4 Places Fails to Meet Even Second Priority

Gyeongju Elkru Heripark and others... 23 out of 35 Complexes Closed in First Priority

In the January apartment subscription results, which serve as the 'barometer' of this year's sales market, 9 out of 35 complexes failed to fill even the second priority subscription.

According to data from Real Estate R114 on the 17th, out of the total 35 complexes that opened subscriptions in January, 23 complexes, accounting for 65.7%, successfully closed their first priority subscriptions. These include Hanwha Forena Cheonan Nota, Elif Sejong, and Hoban Summit Granville II. Among the 12 complexes that failed to close first priority subscriptions, three complexes such as Namwon Wollak Utop U-Bless Kingdom and Suncheon Onet Central completed subscriptions in the second priority. However, nine complexes, including Gyeongju Elkru Heripark, remained undersubscribed even in the second priority subscription.

The industry views this as a deepening regional polarization in the sales market. According to the Housing Industry Research Institute's February Housing Sales Sentiment Index (HSSI) data released on the 15th, the nationwide HSSI outlook fell by 4.7 points from the previous month to 71.5, marking a decline for three consecutive months since December last year. In particular, regional outlooks excluding the metropolitan area showed worsening market prospects, with Daegu at 57.6, Gyeongbuk at 66.1, Gwangju at 65.1, and Sejong at 61.5, resulting in a regional outlook of 70.1. In fact, complexes that failed to close first priority subscriptions are mostly located in areas with relatively low demand, such as the Gyeongbuk region including Daegu, where over 100,000 households have been supplied in the past four years, as well as Jincheon in Chungbuk and Namwon in Jeonbuk.

Conversely, scarce Seoul sales units like 'Buk Seoul Xi Polaice' and major properties in the Busan sales market such as 'Raemian Forestige' closed subscriptions with high competition rates of 34.43 to 1 and 58.98 to 1, respectively. Complexes in popular metropolitan areas such as Osan Segyo and Songdo also smoothly closed their first priority subscriptions.

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