Nationwide Apartment Subscription Competition Rate 8.2 to 1 in First Half of Year... Seoul 52.4 to 1

In the first half of this year, the apartment subscription market centered in Seoul showed signs of recovery.

[Image source=Yonhap News]

According to Real Estate R114 on the 4th, the nationwide average subscription competition rate in the first half of this year was 8.2 to 1. By region, Seoul recorded the highest rate at 52.36 to 1, followed by Chungbuk at 27.48 to 1, and Gyeongnam at 25.88 to 1.

Looking at the top 10 complexes with the highest average subscription competition rates, there were 4 in Seoul, 3 in Cheongju, Chungbuk, and one each in Paju and Pyeongtaek in Gyeonggi Province, and Seo-gu in Incheon.

The complex with the highest subscription competition rate in the first half was Yeongdeungpo Xi Dignity, which was offered in March in Yangpyeong-dong 1-ga, Yeongdeungpo-gu, Seoul. This complex recorded an average of 198.76 to 1 and closed the first-priority subscription. The DMC Gajaeul I-Park in Seodaemun-gu, offered last month, closed at 89.85 to 1, and in April, Hwikyung Xi Decencia in Hwikyung-dong, Dongdaemun-gu, closed at an average of 51.71 to 1.

Apartment subscription competition rate in the first half of the year.
[Image provided by Real Estate R114]

Outside the metropolitan area, Cheongju in Chungbuk attracted attention. All three complexes offered in Cheongju Technopolis recorded double-digit competition rates. It is analyzed that the presence of several companies such as SK Hynix and LG Household & Health Care created abundant job opportunities, making it popular. Shin Young Ziwell Prugio Technopolis Central recorded 73.75 to 1, Harrington Place Technopolis 57.59 to 1, and Technopolis Hildesheim 48.27 to 1.

In the second half of the year, complexes with high location preference such as Seoul are scheduled for subscription. In Dongdaemun-gu, Seoul, Raemian La Grande (3,069 households), built by redeveloping District 1, will be offered. Cheongnyangni Lotte Castle High Luce (761 households), built by redeveloping Cheongnyangni District 7 in Cheongnyangni-dong, is also scheduled for subscription. In Yeongdeungpo-gu, Yeongdeungpo Central Prugio Weave (659 households), built by Daewoo Construction and Doosan Construction in Yeongdeungpo 1-13 District, is expected to be offered.

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