Under 40s Buying Their First Apartment Choose 'Incheon Seo-gu, Hwaseong, Pyeongtaek'

Impact of Large-Scale Housing Supply on Abundant Job Creation

The top three regions with the highest number of first-time apartment buyers in their lifetime were Incheon Seo-gu, Hwaseong, and Pyeongtaek. All of these areas are currently supplying large-scale apartments and have become representative residential preference areas in the metropolitan area due to the concentration of advanced industries. In particular, it was analyzed that many buyers in these regions are younger generations under their 40s.

On the 17th, Real Estate Info analyzed the Supreme Court's 'Ownership Transfer Registration Application Buyer Status' and found that last year, the region with the most first-time real estate purchases nationwide by city, county, and district was Incheon Seo-gu. The first-time real estate target is based on collective buildings (apartments, multi-family housing, etc.).

Incheon Seo-gu recorded a total of 9,745 first-time purchases last year alone. This was about 60% higher than the second-place Pyeongtaek (6,063 cases) and third-place Hwaseong (6,024 cases).

This year (January to October), Hwaseong is leading. The number of first-time home purchases in Hwaseong was 13,342 cases, followed by Incheon Seo-gu with 12,326 cases, and Pyeongtaek with 8,526 cases.

The concentration of first-time home purchases in these areas is due to large-scale housing supply and job concentration. From last year to October this year, 31,751 households were supplied in Incheon Seo-gu.

It is also notable that the majority of contract holders are younger generations under their 40s. More than 70% of the contract holders at Geomam Station Royal Park City in Incheon Seo-gu were under their 40s, with those in their 30s accounting for the highest proportion at 38.1%.

In Incheon Seo-gu, Hana Financial Group's integrated data center has been completed, and the 'Cheongna Group Headquarters,' where six affiliates are concentrated, will be additionally established. LG Magna, BMW Research and Development Center, Seoul Asan Medical Center consortium medical complex town, Starfield Cheongna, and Yuil Robotics, a specialized robot automation company, will also be established.

In Pyeongtaek, 12,960 households have been supplied in areas such as Godeok New Town since last year, and Hwaseong has seen 20,234 households mainly in Dongtan 2 New Town. Both regions benefit from the 'Ban-se-gwon' location as Samsung Electronics operates semiconductor production lines near Godeok and Dongtan, respectively.

The housing price recovery in these areas is also rapid. According to the Korea Real Estate Board, as of the first week of November, compared to the first week of June, apartment prices in Hwaseong rose by 7.7%, Incheon Seo-gu by 1.7%, and Pyeongtaek by 1.6%. These increases exceed the national average rise of 0.94%.

Real Estate Info's Research Team Leader Kwon Il said, "Despite the real estate market being sluggish over the past two years, buyers who judged that the residential conditions are good and that housing prices will eventually rise actively purchased in Incheon Seo-gu, Hwaseong, and Pyeongtaek." He added, "As more companies are expected to gather in these areas and branded apartments will continue to be supplied steadily, interest will continue."

Meanwhile, additional supply continues in Incheon Seo-gu, Hwaseong, and Pyeongtaek. First, DK Asia will supply 'Wanggil Station Royal Park City' in the Wanggil-dong area of Incheon Seo-gu this month. It consists of a total of 1,500 households with exclusive areas ranging from 59 to 99㎡. There is a six-month resale restriction, no obligation for actual residence, and interest-free benefits on intermediate payments. Especially, anyone aged 19 or older residing in the metropolitan area can apply regardless of household head or member status, and first-priority applications are possible even for homeowners regardless of the number of houses owned, with no re-winning restrictions, among other various benefits.

In Pyeongtaek, Ssangyong Construction plans to sell 'Jije Station Semiconductor Valley Ssangyong The Platinum' next month in the Gajae district area. It will consist of a total of 1,340 households with exclusive areas of 84 and 113㎡. The Samsung Electronics Pyeongtaek Campus, the world's largest semiconductor production line, is located nearby.

In Hwaseong Dongtan 2 New Town, Daebang Industrial Development plans to supply a total of 464 households in the C18 block. Dongtan Station, where the GTX-A line is scheduled to stop, is nearby.

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