50 points or less in half, excluding popular types
Map dedicated to national balance 84㎡ 30 points
The lowest score in Seoul in the first half of this year is 44.5 points
Industry ‘concerned about general downturn in subscription market’
Dunchon Jugong (Olympic Park Foreon), Gangdong-gu, Seoul, which had a lower-than-expected season ticket performance, showed low scores, such as registering as few as 20 points.
Additional points are also low, and advance and sale prices of apartments in Seoul are declining, increasing the possibility of a non-contractual situation.
On the 15th, looking at the details of award-winning Dunchon Jugong published in the Korean real estate agency ‘Subscription Home’, the highest score was 77 points for the 59㎡A type exclusive area. The total score for the subscription is 84 points, but there is a limit to the highest score depending on the number of family members. Families of four receive 69 points and families of three receive a perfect score of 64 points.
Dunchon Jugong is the largest reconstruction complex in the Gangnam area of Seoul. In the case of the season ticket competition tariff, 20,153 people applied for 3,695 households in the first and second season ticket, registering an average of ‘5.45 to 1’. It is a box office failure that falls well short of the “100,000 subscription rumor” that was raised prior to the subscription.
Win points were generally low, with the exception of the popular types. The highest score exceeded 70 points in 8 types out of a total of 16 types. In addition to the 59㎡A type, 76 points in the 84㎡C type, 74 points in the 84㎡A·B·D and 59㎡D type, and 72 points in the 59㎡B type genre were obtained.
On the other hand, 49㎡A type won 20 points, showing the lowest score. Also, 39㎡A type (26 dots), 59㎡B type (49 dots), 59㎡C type (46 dots), 84㎡C D type (42 dots), 84㎡E type (35 dots), 84 A total of 8 types, including ㎡F type (40 points) and 84㎡G type (44 points), received less than 50 additional points for winning. In the case of 59㎡C type and 84㎡E type, they are the type that has caused controversy due to the so-called ‘kitchen view’.
The lowest score for an 84 square meter area in Seoul, compiled by Real Today in August last year, averaged 67 points. In the first half of this year, the lowest winning score for an apartment in Seoul averaged 44.5 points. Considering this, Dunchon Jugong’s 84㎡-type additional points, which registered a minimum of 30 points, is very low.
A real estate official said: “As a result of the low rate of competition, there is a possibility that a non-contracted case will emerge as the winning points are also low.”
The fact that the pre-sale price of apartments in Seoul is declining and the sale price of apartments around Dunchon Jugong is decreasing significantly increases the possibility of non-contract.
The selling price of Dunchon Jugong is 38.29 million won for 3.3㎡. The sales price for a 59㎡ type is 900 million to 1 billion won, and the sales price for an 84㎡ type is 1.2 to 1.3 billion won.
As of late November, released by the Housing and Urban Guarantee Corporation (HUG), the presale price for private apartments was 29,835,300 won per 3.3 square meters, down 9.16% from last November.
