Even an condominium in Seocho, which was really worth 4.3 billion won, in just one month … owners are stunned

As residence prices in Seoul are slipping, the “Daejangju” flats in Gangnam and Han Riverside are also demonstrating signals of weak spot. Last thirty day period, the true transaction cost (exceptional place of ​​84㎡) fell far more than 500 million received from the previous higher of Akro Riverheim, Heukseok-dong, Dongjak-gu. / Hankyung DB

The drop in apartment rates in Seoul is spreading in all instructions. There are also predictions that household costs might have entered a declining trend as the “Daejangju” and “Reconstruction Daeeo” flats, which push the industry price in the Gangnam area, are investing hundreds of less. million won as opposed to the past large. Most industry experts predicted that “the current ambiance will go on for at least a calendar year or two as worries about curiosity price hikes and the economic downturn are weighing on household obtaining sentiment.”

◆ The apartment of the “to start with non-Gangnam 2 billion club” collapsed

In accordance to the genuine transaction pricing method of the Ministry of Land, Infrastructure and Transportation on the 19th, an exceptional location of ​​78㎡ for Acro River See in Jamwon-dong, Seocho-gu, Seoul was traded for 4, 05 billion won on the 20th of last month. In contrast to the very same style of housing marketed for 4.38 billion gained, or 130 million won for 3.3 sq. meters, in June it fell by far more than 300 million received in a thirty day period. The present inquiring value of 78 square meters for the center floor of the exact same constructing has been decreased to 3.95 billion received. The sale value of flats in Seocho-gu, the only district of Gangnam District (Gangnam, Seocho and Songpa-gu) not lined by a land transaction authorization zone, fell by .01% in the 3rd 7 days for August, publishing a destructive exchange level for the very first time in six months since February.

Even an apartment in Seocho, which was worth 4.3 billion won, in one month ... homeowners are shocked

On the 25th of final month, the 84 m² dedicated to Acro Riverheim in Heukseok-dong, Dongjak-gu was also marketed for 1.98 billion received, down 560 million received from the preceding significant (2.54 billion received). gained, February 2022). This apartment ranks # 1 in the non-Gangnam place as of September 2020 with an successful transaction selling price exceeding 2 billion gained (based mostly on 84 square meters for sole use). A Heukseok-dong A formal mentioned: “Thinking about the preceding highest price was for a well-known sale together the Han River, and final month’s transaction was on the initial ground, the drop is not tiny.” The 59 m² focused to Sinchon Gran Zai, regarded a preferred residential place in Mapo-gu, a well-known residential space in the Gangbuk location, traded for 1.38 billion won, down 220 million received from the rate. larger than very last month’s 23 (1.6 billion won, December 2020), underneath the ‘lending ban’ of 1.5 billion gained.

◆ Rebuilding complexes these kinds of as the Yeouido demonstration have also fallen

The decrease in household rates is also obvious for thousands of people in reconstructed Daeeo-class apartments. The devoted 156 m² pilot job in Yeouido-dong, Yeongdeungpo-gu, which was rebuilt into a large-increase apartment with the highest 60 floors higher than the ground, was traded for 3.2 billion gained at the commencing of this year. month, 300 million received underneath the optimum price tag (3.5 billion gained, October 2021). . A 117 m² (2.38 billion gained → 1.95 billion received) exclusively for the Olympic relatives in Munjeong-dong, a main reconstruction web site in Songpa-gu, and a 50 m² (1.2 billion won → 950 million gained) completely for Seongsan Town, Seongsan -dong, Mapo-gu, which was eventually rebuilt just after passing the security examination in Could 2020. 10,000 won) and 51 m² (900 million won → 750 million received) for the 3rd auto of Miryung, Miseong and Samho in Wolgye-dong, Nowon-gu, respectively, had been also traded at a lessen value of 200 million to 300 million won from July to August.

The specialists pointed out: “There are numerous instances in which the urgent sale, which requires a fast sale of the dwelling, operates out, but the drop is so excellent that it is a catalyst for lowering the prices of neighboring residences.” On the 11th the 59 m² committed to Hill Point out Grasp, Magok 13, Magok-dong, Magok-dong, Gangseo-gu, traded at 980 million gained, 400 million won fewer than the highest rate (1.38 billion di received, Oct 2021), was temporarily sold as a one-loved ones and two-relatives funds gains tax exemption.This item was described to have been sold quickly.

As the desire for home buys has collapsed, even sky-higher priced apartments in the Gangnam spot, regarded as the “smart residence” in the auction market place, are continually staying made available. According to court auction business Gigi Auction, on the 2nd, an 84-square-meter sale for Tower Palace in Dogok-dong, Gangnam-gu was put up for auction, but there had been no bidders, so it was provided. . The estimated benefit of this residence was 2.31 billion gained, which was additional than 400 million won lessen than the real May transaction value (2.75 billion gained) of the identical type of housing, but there have been no members.

Park Gained-gap, senior true estate professional at Kookmin Financial institution, explained: “The adjustment phase will proceed for at minimum following calendar year as a additional rate hike is anticipated.

Reporter Ha Heon-hyung / Lee Hye-in hhh@hankyung.com

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