Jeonse Shortage and Declining Supply Continue in Incheon... Spotlight on "Inhayaek Sujain ROICENT"

- Jeonse Apartment Listings in Incheon Drop 25.7% in Six Months
- Ongoing Decline in New Supply Increases Scarcity, Drawing Attention to "Inhayaek Sujain ROICENT"

As the Incheon real estate market faces a shortage of jeonse (long-term lease) properties, demand for new apartments is rising. With jeonse listings rapidly decreasing and future supply also expected to decline, the scarcity value of new apartment complexes is becoming increasingly prominent.

According to real estate big data company Asil, as of August 5, the number of jeonse apartment listings in Incheon stood at 4,701, a sharp 25.7% drop from 6,323 listings six months ago. This is the lowest figure since Asil began releasing related statistics in August 2022. Compared to the peak of 15,890 listings in December 2022, the current supply has fallen to less than one-third of that level.

This growing imbalance in jeonse supply and demand is fueling anxiety among end-users. As it becomes increasingly difficult to find desired jeonse properties in a timely manner, more people are considering securing their own homes by purchasing new apartments, leading to renewed interest in the presale market.

Furthermore, the fact that new apartment supply in Incheon is expected to continue declining is intensifying the competition to secure new units. According to data from Real Estate R114, after 28,588 households moved into new apartments in Incheon last year, this year's supply (including scheduled units) has dropped by 29.1% to 20,252 households. This downward trend is projected to continue, with 16,819 units expected in 2026, 15,388 in 2027, and 14,817 in 2028.

Amid these circumstances, BS Hanyang is drawing attention by announcing the upcoming supply of "Inhayaek Sujain ROICENT" through the Yonghyeon-Hakik District 2-2 Block Inhayaek Station Area 1 Urban Development Project in Michuhol-gu, Incheon, scheduled for September.

Inhayaek Sujain ROICENT will be developed as a large-scale complex in Yonghyeon-dong, Michuhol-gu, Incheon, featuring six buildings with a maximum of 43 floors above ground and two basement levels. The units will range from 84 to 101 square meters of exclusive area, with a total of 1,199 households (959 for general sale and 240 for private rental).

The complex's standout feature is its prime location within walking distance of Inhayaek Station on the Suin-Bundang Line, offering excellent transportation connectivity. Additionally, KTX from Incheon is scheduled to open at nearby Songdo Station in 2026, and the Wolgot-Pangyo Line is set to open in 2029. Once the ongoing GTX-B Cheonghak Station project is completed, accessibility to Seoul is expected to improve significantly.

Another major draw for end-users is the availability of a fully developed living infrastructure from the moment of occupancy.

Residents will have easy walking access to large commercial areas, major supermarkets, and CGV cinemas near Inhayaek Station. Several parks, including Dodam Park, Dasom Children’s Park, Yongjeong Neighborhood Park, and Yonghyeon Urban Agriculture Park, are also nearby, providing a pleasant residential environment. Furthermore, the complex offers an excellent educational environment, with Incheon Yonghak Elementary School, Yonghyeon Middle School, Yonghyeon Girls’ Middle School, and Inhang High School all within walking distance, which is expected to enhance overall satisfaction for residents.

Meanwhile, Inhayaek Sujain ROICENT marks the 20th anniversary commemorative project for BS Hanyang’s housing brand "Sujain," which has supplied approximately 230,000 homes nationwide. The company plans to strengthen the product design to match this symbolic milestone, raising expectations in the market.

Reflecting this significance, the project has been given the pet name "ROICENT," combining the French word "ROI" (meaning king) and "CENTER," to emphasize its central and prestigious status. Special design features will include a landmark building with a curtain wall look and the highly popular four-bay flat layout for all general sale units.

A local real estate industry official in Incheon commented, "With both a jeonse shortage and supply decline occurring simultaneously, new apartments are becoming an attractive alternative for end-users. Inhayaek Sujain ROICENT, with its location, infrastructure, and product appeal, is expected to be a standout complex in the presale market going forward."

Inhayaek Sujain ROICENT is scheduled to hold a major project briefing session at the Wedding Hall of Incheon Munhak Stadium on Wednesday, September 17. Reservations to attend can be made through the official website.

Currently, a customer interest registration event is underway. Each week, 100 customers who register their interest through the website are selected by lottery to receive a Starbucks Americano. In addition, a separate event is being held for those who write a post or comment about the complex on the Hogangnono website and upload a screenshot to the official website, with 30 winners each week receiving a Baskin Robbins pint of ice cream.

The model house for the complex is under construction in Yonghyeon-dong, Michuhol-gu, Incheon, adjacent to the project site, and is scheduled to open in September. In the meantime, a promotional center is operating in Hakik-dong, Michuhol-gu (near Homeplus Inha branch), where visitors can receive consultations. Further information is also available via phone inquiries and the official website.

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