Newly built apartment subscription in the province Cold wind crowded only in the metropolitan area
As the number of apartments with pre-sale prices of over 600 million increased, selective subscriptions also increased.
While the fever for pre-sale of apartments in the metropolitan area is hot, the subscription competition rate in Gangwon-do is still sluggish, and the polarization of the subscription market is becoming clear.
According to the ‘subscription results for June 2023’ announced by the real estate platform Jikbang on the 12th, the average competition rate for first-priority subscriptions for apartments sold in the province last month was 0.3 to 1, the second lowest in the country after Jeju. This is a disappointing result compared to the average subscription competition rate of 4.5 to 1 in December of last year, when new units were newly sold in the province.
Last month, all of the regional apartment sales competition rates did not exceed 10 to 1, while those in Seoul recorded 31.1 to 1 and 34.8 to 1 in Incheon, respectively, showing a contrast.
The subscription for an apartment in Cheongnyangni, Seoul on the 12th recorded the highest competition rate of 242.3 to 1 this year.
It is analyzed that this is because the government’s real estate deregulation policy is focused on the metropolitan area, and local apartments are ignored by consumers.
The burden of soaring pre-sale prices of newly built apartments also plays a role. According to Real Estate R114, 24,412 households (72.0%) of the 33,925 privately sold apartments that have received subscriptions this year have a sale price of 600 million won or less.
The proportion of households with a pre-sale price of 600 million won or less reached 90.5% of all newly built apartments in 2021, but it is decreasing year by year from 76.8% last year to 72.0% this year. This means that the number of newly built apartments with pre-sale prices of over 600 million won is increasing.
An official from Real Estate R114 said, “As the pre-sale price increase has become a fait accompli, the range of price acceptance by consumers has widened.
2023-07-12 15:00:00
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