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Taking advantage of falling house prices… Popularity of newly built small and medium-sized apartments ↑

delivery time2023-02-26 06:11

The proportion of apartment transactions in the metropolitan area for less than 5 years has almost doubled in one year… Increase in small and medium sized transactions

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‘quick sale’

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(Seoul = Yonhap News) Reporter Kim Chi-yeon = Demand for new construction with high preference and for moving to a wider area by taking advantage of the falling house price is increasing.

It can be interpreted that consumers are seeking a more pleasant residential environment as entry barriers are lowered due to a decrease in housing prices in all directions.

On the 26th, Real Estate R114 analyzed the proportion of apartment transactions by year through the Ministry of Land, Infrastructure and Transport’s actual transaction price disclosure system. grew to

During the same period, the proportion of apartment transactions in the metropolitan area that are less than five years old also doubled from 11.9% to 22.3%. The proportion of new apartment transactions increased from 9.8% to 23.5% in Gyeonggi and from 4.1% to 20.6% in Incheon.

The province also increased from 9.0% to 17.9% in one year.

On the other hand, the proportion of transactions in apartments built more than 30 years after completion decreased significantly.

Comparing January of last year and January of this year, the rate in the metropolitan area decreased from 14.9% to 10.4% and in the provinces from 17.0% to 12.5%. Nationally, it fell from 16.5% to 11.7%. In particular, the proportion of construction transactions in Incheon shrank noticeably from 32.3% to 14.0%.

However, in Seoul, where the reconstruction investment issue plays a large role, the proportion of apartment transactions built over 30 years rather increased from 12.9% to 21.1%.

Thanks to the demand to switch to a wider equilibrium, the proportion of small apartment transactions decreased and the number of small and medium-sized transactions increased.

In January of last year, the share of transactions in apartments with an exclusive area of ​​​​60㎡ or less (small) nationwide was 51.5% of the total, but in January of this year, it decreased to 41.5%.

On the other hand, during the same period, apartment transactions between 60 and 85 square meters (small and medium-sized) increased markedly from 40.9% to 49.3%.

In the metropolitan area, the proportion of small apartment transactions decreased from 52.1% in January last year to 38.8% in January this year, but small and medium-sized transactions increased from 36.7% to 49.8%. In rural areas, small (51.4% → 43.1%) decreased and small and medium-sized (42.3% → 48.9%) increased.

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The decrease in housing prices is cited as the factor that had the greatest impact on the significant increase in the proportion of new construction rather than construction and small and medium-sized apartment transactions over the past year.

According to real estate R114 REPS data, the average sales price per 3.3㎡ of apartments nationwide within 5 years of moving in fell from 32.23 million won in January last year to 31 million won in January this year.

During the same period, Seoul (56.36 million won → 54.33 million won), Gyeonggi (29.84 million won → 28.08 million won), and Incheon (23.06 million won → 21.79 million won) all fell.

By area, the sales price per 3.3㎡ of apartments under 60㎡ across the country fell from 20.54 million won in January last year to 19.73 million won in January this year, and apartments between 60㎡ and less than 85㎡ also fell from 21.64 million won to 20.92 million won. fell to

Yeo Kyung-hee, senior researcher of Real Estate R114, said, “As the number of occupants increased in the metropolitan area, the amount of new apartments built within 5 years of completion has increased.” It can be seen that the barriers to market entry have been lowered.”

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2023/02/26 06:11 Send

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