Mirinae House Villa and Officetel Competition Rate Averages 51.6 to 1
First Mirinae House Linked to Purchase-Lease Housing
8,467 Applicants for 164 Units
Competition Rate 18 Times Higher Than Similar Rental Housing
The Seoul Housing & Communities Corporation (SH) announced that the first tenant recruitment for the non-apartment Mirinae House, introduced to ease the housing burden for newlyweds, closed with an average competition rate of 51.6 to 1.
Seoul Mayor Oh Sehoon is touring the swimming pool inside the community center along with the Seoul Baby Ambassadors during a visit last month to the 'Via Apartment-Style Mirinae House' located in Munjeong-dong, Songpa-gu. Provided by Seoul City
View original imageOn the 23rd, SH stated that 8,467 applicants applied for 164 Mirinae House units, including Somi The Class Hangang, resulting in an average competition rate of 51.6 to 1.
The Mirinae House units supplied this time (Newlywed and Newborn Purchase-Lease Housing II) are a type linked to purchase-lease housing, such as residential officetels and urban-style residential homes. They were established to expand options for newlyweds who find it difficult to afford deposits for newly built apartments. The units were supplied at about 50% of the market price of regular apartments, and households with newborns are offered the benefit of moving to Long-Term Jeonse Housing II.
The competition rate for a similar type of newlywed and newborn purchase-lease housing supplied in the first half of this year was 2.87 to 1, which has now increased more than 18 times. This surge is attributed to the favorable location with good transportation access, built-in appliances, stable housing free from concerns about rental fraud, policies tailored to newlyweds, and childbirth incentives such as the option to apply for Long-Term Jeonse Housing II after 10 years of residence if a child is born.
By complex, Somi The Class Hangang in Yeongdeungpo-gu recorded the highest competition rate at 114.8 to 1, followed by Sky Foret (Dongjak-gu) at 114.1 to 1, Supreme The Highum (Gangseo-gu) at 70.8 to 1, Le Pied Munjeong (Songpa-gu) at 70.6 to 1, and Jayang 1034 (Gwangjin-gu) at 63.9 to 1.
On this day, SH announced the list of candidates for document screening. After further reviewing whether applicants meet the criteria for eligibility, income, assets, and non-homeownership, the final winners will be announced on January 7, 2026.
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Hwang Sangha, President of SH, stated, "We will focus our efforts on providing a high-quality, child-rearing-friendly residential environment where newlyweds and engaged couples can feel encouraged to have and raise children."
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