Supply of 11,418 Housing Units for Sale in the Capital Area
111% of the December Sales Plan Supplied

In the first month of the new year, a total of 27,761 households will be offered nationwide. This is more than 16 times the number in January last year.


Apartment Supply Volume Scheduled by Region in January 2024 (Data Provided by Zigbang)

Apartment Supply Volume Scheduled by Region in January 2024 (Data Provided by Zigbang)

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According to Zigbang on the 2nd, the scheduled supply volume for January is 39 complexes, totaling 27,761 households, of which 22,237 are general sales units.


In the metropolitan area, 11,418 households will begin sales. In particular, in Gyeonggi-do alone, 6,279 households across 10 projects are scheduled for sale. In Namdong, Cheoin-gu, Yongin, near the semiconductor cluster development site, the 'Yongin Prugio One Cluster' with 1,681 households will be offered. In Bucheon-si, the Songnae and Wonmi-dong areas will have a total of 1,153 households across 3 projects available for subscription.


In Seoul, the Granze in Seongnae-dong, Gangdong-gu (407 households), and Posez Hangang in Gwangjang-dong, Gwangjin-gu (128 households) are scheduled for sale. Granze is a station-area complex located between Cheonho Station and Gangdong Station on Line 5, while Posez Hangang attracts attention for its location along the Han River. In Incheon, the supply is concentrated in Songdo-dong, Yeonsu-gu. A total of 2,728 households, including 'Songdo Xi Punggyeongchae Granoble RC10 Block,' will be supplied at once. Located in Songdo District 11, the blocks are being developed in connection with apartment complexes and mixed-use residential-commercial buildings.


In the provinces, a total of 16,343 households are scheduled for sale. The supply volume by region is as follows: ▲Gwangju 4,643 households ▲Gyeongbuk 2,667 households ▲Chungbuk 2,330 households ▲Busan 2,294 households ▲Jeonbuk 1,986 households ▲Jeonnam 925 households ▲Ulsan 906 households ▲Chungnam 366 households ▲Gangwon 226 households.


There are a total of 5 large-scale complexes with over 1,000 households. These include 'Hillstate The Sharp Sangsaeng Park Blocks 1-2' (2,667 households) in Nam-gu, Pohang-si, Gyeongbuk; 'Gwangju Songam Park Joongheung S-Class SK View' (1,575 households) in Songha-dong, Nam-gu, Gwangju Metropolitan City; and 'Hillstate Eoullim Cheongju Sajik' (2,330 households) in Sajik-dong, Seowon-gu, Cheongju-si, Chungbuk.


In December last year, a total of 25,705 households were scheduled for sale, but the actual number of units sold was 28,542, resulting in a supply performance rate of 111%. More units were supplied than expected. Analyzing the subscription results, the nationwide average competition rate for first priority was 10.3 to 1, somewhat lower than the November subscription competition rate of 14.9 to 1. The decline in apartment market prices and slowdown in transactions since the second half of the year also affected the subscription market.



Areas with favorable locations or transportation benefits showed good subscription results. 'Asan Tangjeong District 2-A12 Block Daekwang Rosebiang' in Baebang-eup, Asan, Chungnam, successfully completed sales with a first priority competition rate of 70.23 to 1. 'Cheonggye Riverview Xi' (45.98 to 1) in Yongdap-dong, Seongdong-gu, Seoul, and 'Paju Unjeong New Town Woomee Lin Park Hills' (44.19 to 1) in Dongpae-dong, Paju-si, Gyeonggi-do, both achieved high competition rates above 40 to 1.


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

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