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Amid a fierce battle between landlords and tenants due to a sharp decline in sales under the ‘Three Leases Law’, it is difficult to find real estate for sale notices near Songpa Helio City, who have moved to About 10,000 homes in 2018 and they have three to four months left until the rent is due. . Reporter Huh Moon-chan [email protected]
The entire area of the capital, which was activated by the Housing Lease Protection Law, such as the monthly rent limit and the right to request contract renewal, has surprisingly risen beyond overheating. This is because the phenomenon of jeonse shortage is getting worse by the day.
Helio City, Garak-dong, Songpa-gu, a large complex with a total number of households approaching 10,000, only has 40 items for sale. Based on the exclusive area of 84 square meters, the offer price shot up to 1.4 billion won. It has risen about 800 million won in two years. Seoul’s rent increase is also spreading to the main areas of Gyeonggi-do. Since commuting to the Seoul area such as Gwacheon, Goyang, and Gwangmyeong is convenient, jeonse prices are running into the hundreds of millions of dollars even in areas with high residential preference.
84㎡ for Helio City, rental price of 1.4 billion won
According to the real estate industry on the 4th, heliocity’s chartered sales showed 40 boxes, 95.4% less than the 873 boxes a month ago. In particular, there are only 4 private rentals of 84㎡ which are highly preferred by consumers.
When the authorized sale disappeared, prices rose to the ceiling. The exclusive 84㎡ is asking for up to 1.4 billion won. Considering that jeonse’s deposit for this type of area-based housing was only 600 million won to 650 million won two years ago, that’s a jump of more than 700 million won.
Garak-dong, an official representative of R, said: “The time has come when the jeonse that was entered when moving in has to go up for sale, but most of the tenants insist on the right to request the renewal of the contract and are extending the term “. It has been achieved and since then the price has not stopped rising, “he said.
The 84㎡ rental price exclusively for Dogok Rexle in Dogok-dong, Gangnam-gu also increased from 500 million won to 600 million won compared to two years ago (1 billion to 1.15 billion won) to 1, 6 billion won. In recent months, the increase has been steep, but compared to the contract signed for 1.25 billion won in the middle of last month, it jumped about 350 million won. This is due to the fact that, of a total of 3,002 homes, only 16 are sold for rent, 87.1% less than a month ago.
At the Eunma apartment in Daechi-dong, only two of the 4424 households are licensed. The 84㎡ charter sale of this complex was traded at a maximum of 800 million won. Currently, there are no houses for sale in this area. Even in Yeoksam Raemian, the scale of 1050 households in Yeoksam-dong, there are only 3 items for rent. In the middle of this month, a 59㎡ exclusive drug was signed for 800 million won, but the current price has risen to 900 million won.
Yangcheon-gu, Mok-dong New City Complex 1, 2 and 9, each has 1882 homes, 1640 homes and 2030 homes, but none of them are for sale. Experts said: “Jeonse’s sales are falling dramatically due to the reinforcement of the obligation to live in the conversion of rent to monthly rent.”
Gangnam-gu, Seoul, the real estate brokerage information column is empty due to rising jeonse prices and jeonse shortage. News 1
Meanwhile, as the owners tried to increase the deposit up front due to the application of the leasing law, the rental price became “what you pay.” According to the Korea Appraisal Board, on the 31st of last month, apartment rentals in Seoul increased by 0.09% for 62 weeks in a row. Compared to the previous week (0.12%), the increase slowed, but compared to the first half of this year, when the weekly rate of increase remained around 0.05%, it is still high. Looking at the monthly trend of house prices in KB, the median apartment rental price in Seoul last month was 510.11 million won, the highest since June 2011, when the statistics were released.
Apartment rental in Ilsan ‘billion’
Tenants are being turned away in Gyeonggi-do as seeds from licensed properties dry up in Seoul and the price of rented properties skyrocketed. As consumers pushed to Gyeonggi-do increase the price of local jeonse, the jeonse trend is spreading throughout the metropolitan area. In Ilsan, Gwacheon, Gwangmyeong and Namyangju, charter reporting contracts continue this month.
According to a local brokerage, on the 24th a contract was signed for a leased contract for a deposit of KRW 1 billion for the residential-commercial area Kintex One City M2 block (959 homes) of 104 square meters in Janghang-dong, Ilsan- dong-gu, Goyang-si. This is the first case in the Ilsan area where the rental price of the apartment has risen to 1 billion won. This type of home had a charter contract for 750 million won in May, and the deposit jumped 250 million won in three months.
In Iljik-dong, Gwangmyeong-si, an 84 square meter dedicated to Gwangmyeong Summit Place Station has found a new owner for 550 million won. It’s a type of home that rented for 470 million won last month. The 59th dedicated to the Raemian Central Suite in Byeolyang-dong, Gwacheon-si, was booked for 800 million won on the 10th. The total cost was 710 million won in June.
Charter sales in the Gyeonggi region are also declining sharply. According to analysis by real estate big data company Asil, charter sales in the Gyeonggi area as of the day decreased by approximately 23.5% compared to a month ago. A K authorized official in Byeolyang-dong, Gwacheon said: “There is a lot of demand waiting for the subscription, but after the implementation of the Housing Lease Protection Law, there are many cases where the owners hesitate to hand over the property because They are concerned about disputes with the tenants in the future. “It is an atmosphere where the price is what the owner asks for, since it has become a world medicine.
There is also a concern that there will be jeonse chaos, in which tenants may not be able to find a place to move, as the number of jeonse sales continues to decline ahead of the fall moving season. According to KB Kookmin Bank, Seoul’s charter supply index for the fourth week of August (August 24) was 190.1, surpassing 190 for the first time this year. Gyeonggi-do is 191.7, taller than Seoul. The more this index exceeds 100, the more serious the supply shortage will be.
Ahn Hye-won, Hankyung.com Reporter [email protected]