Home » Entertainment » Unbelievable of course? If the price is high, there are also unsold units in Seoul – Maeil Business Newspaper

Unbelievable of course? If the price is high, there are also unsold units in Seoul – Maeil Business Newspaper

Gangdong Granz, Imun I Park, etc.
Although it is a large range and brand,
Sales are on a first-come, first-served basis.
Expert: “The price is 20% lower than the market price. “
“If it’s higher, you need to consider the offer very carefully.”

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Imun I-Park Xi Complex 3 construction site in Dongdaemun-gu, Seoul, where unsold units occurred. Reporter Lee Choong-woo

It has been confirmed that unsold units have occurred even among large apartment complexes built by large construction companies in Seoul.

Even if it is located in Seoul, if it is located in a non-station area or if the price is too high, consumers will ignore it.

According to the real estate industry on the 27th, ‘Imun I-Park Xi’ in Dongdaemun-gu, Seoul, ‘Granz River Park’ in Gangdong-gu, and ‘Seodaemun Central I-Park‘ in Seodaemun-gu are apartments was raised by. major construction companies in Seoul, but there are still unsold units left after the main subscription.

Imun I-Park Xi held a membership registry last October, but was unable to clear the unsold inventory for nearly a year. This apartment building is a large apartment complex with 4,321 homes built in the 149-8 Imun-dong area, Dongdaemun-gu. Construction work was carried out by HDC Hyundai Development Company and GS Engineering & Construction.

This building is divided into complexes 1 and 2, which are close to Shinmun Station and Foreign Studies University Station on Subway Line 1, and Complex 3, which is far from the station. Among these, there are approximately 100 unsold units all located in complex 3. Complex 3 is a terrace type complex, built with four stories or less. It is far from the station and located on a hill, making public transport inconvenient. Another disadvantage is that community facilities are mostly in centers 1 and 2, making them difficult to use. However, the retail price is set slightly higher than the price of Complex 1 and 2, and consumers avoid that.

Seodaemun Central I-Park held a subscription table last May, but could not unlock the remaining stock for five months. Seodaemun Central I-Park, located in 11-111 district Hongeun-dong, Seodaemun-gu, is expected to be built with 12 buildings and a total of 827 homes.

After the main subscription, we have done 4 rounds of unregistered subscription, but units are still unsold, so we will continue with the 5th random supply schedule on the 28th . The random supply number is a total of 33 homes, including 15 homes of 59㎡, 4 homes of 75㎡, and 14 homes of 84㎡.

Inconvenience of transportation is cited as the biggest factor in the center’s failure to solve the long-standing supply problem.

It is almost 2km away from Hongje Station on Subway Line 3, making it almost impossible to use the subway on foot. The fact that the surrounding area is very underdeveloped is also one of the reasons why consumers are reluctant to sign a contract. The average selling price per 3.3㎡ of this property is 32.41 million won, which is more expensive than the nearby ‘Bukhansan Doosan We’ve’. This point is also mentioned as the reason for the unsold units.

There were also unsold apartments with high-end brands overlooking the Han River. After opening their main membership registry last August, Grants River Park is holding a first-come, first-served building and lake registry due to remaining stock. Granz is the developer’s luxury brand. This complex attracted attention not only because it is located in the popular Gangdong-gu, but also because some of the buildings have views of the Han River.

Although it is complicated with outstanding benefits, it is believed that the units that have not been sold are due to the high selling price. The average selling price per pyeong of this property is 52.99 million won.

It is being investigated that consumers were not willing to sign a contract because it was much more expensive than ‘Remian Gangdong Palace’, a center near Gangdong Station. In addition, the fact that the time until the balance is paid is tight, with move-in scheduled for April next year, also appeared as a disadvantage. Although it is a prime apartment, the fact that there is only one parking space per household is also identified as a disadvantage.

The reason that the project operator is able to provide supplies at a price higher than the surrounding market price is because centers in Seoul that were initially considered expensive were sold out as resulting in increased retail prices.

As a representative example, ‘Sangdo Prugio Clavenue’ in Dongjak-gu was put up for subscription last September, and although unsold units were left for almost a year due to price burden, it was sold at last.

Park Ji-min, CEO of Wolyong Underwriting Research Institute advised, “Serious buyers should decide whether to buy a property, keeping in mind that if the selling price is nearly 20% higher than market price around, it is difficult to do. A huge profit even if there is a new build price.”

[김유신 기자]

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