Newsletter

Unsold gross sales piling up… The opposition price for subscriptions is also slipping


[앵커]

As house prices fall speedily, the apartment gross sales current market is also going through a chilly wind.

The charge of competitiveness for underwriting is reducing, and the number of unsold properties is increasing.

Reporter Go Ah-reum protected it.

[리포트]

An condominium in Gangbuk-gu, Seoul, which has presently started transferring in given that final thirty day period.

There is also a banner that suggests low cost sale.

Even just after six additional recruitment bulletins have been produced, dozens of houses continue to be unsold.

[서울 강북구 공인중개사 : “(분양가가) 너무 비싸지. 누가 사 가지고 돈이 올라가야 하는데 (집값이) 올라갈 기미가 없잖아요.”]

An additional new apartment developing web site nearby.

In April this 12 months, additional than 5,000 people flocked to recruit 490 houses, but now contracts are currently being let one particular soon after another.

At the time of sale, it was similar to the rate of the neighboring apartment industry, but this is a phenomenon that occurred when the cost of this condominium has lowered by nearly 300 million gained.

[서울 강북구 공인중개사 : “지금 대출 금리가 너무 크고 비싸고요. 이자로 나가고 옆 아파트랑 차액도 별로 없고 나중에 생길 이익이 없는 거예요.”]

There had been even instances where the proprietor could not be located even if the sale was less expensive than the original industry price.

An apartment in Gyeonggi-do bought to the general public this month.

Even at a pre-sale rate of 80% of the industry selling price, much more than 50 % of the 1,400 homes were in quick offer.

As apartment costs slide due to superior desire charges, the subscription market is also freezing speedy.

At the finish of June, the amount of unsold properties in the metropolitan space was close to 4,400, which far more than tripled from the start off of this yr.

Level of competition for subscriptions in the metropolitan area this calendar year has also fallen to 50 % past year’s stage, with an regular of 13 to 1.

[김규정/한국투자증권 자산승계연구소장 : “금리 변동성 때문에 수익성이 악화되는 상황에서는 분양 가격이 저렴한다든가 입지가 뛰어나다든가 안전판이 있어야 청약을 결정하게 되는 거죠.”]

In regulated locations, as soon as you win, your earnings are limited for up to 10 decades, even if you give up your deal.

Consequently, it is required to approach it very carefully taking into consideration the locale and the cost.

This is Go Ah-reum from KBS News.

Cinematographer: Jinyoung Choi / Video clip Editing: Park Eunjoo / Graphics: Junghyun Kim