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Excluding the ‘real’ last minute, like the Gwacheon Government Complex
It takes at least 4-5 years to move in … Standby demand may increase and total price may be higher
Up to 50% of medium items 60 ~ 85m² … Supply of a total of 370,000 homes in the metropolitan area by 2022
The pre-subscription plan announced by the government on the 8th is mainly focused on solving the real demand for housing among young people. She plans to provide more than half the total volume of special supplies for young people, including newlyweds and housewives for the first time in their lives.
However, there are voices that raise doubts as to whether it will have the effect of substantially solving the demand for housing. Even if pre-subscription takes place, the actual move is expected to be after 2025, and most of the high-interest sites in or adjacent to Seoul are missing from this plan.
○ More than 20,000 units in the third new city
According to the pre-subscription plan announced by the government on the day, the focus is mainly on Gyeonggi and Incheon, such as Wangsuk Namyangju, Captain Bucheon, Changneung Goyang, Gyosan Hanam and Gyeyang, Incheon. In Seoul, it can be said that the supply from Seoul starts in earnest only when the supply of maintenance warehouses (3000 units) at Yongsan Station is released in 2022.
Heung-jin Kim, head of the Ministry of Land, Infrastructure and Transport, said: “If the pre-subscription plans for the Taereung Golf Course, Yongsan Kim Camp and the Western License Test Center are confirmed, the amount of pre-subscription supplied from Seoul increases to about 10,000 “. The Taereung Golf Course and the Gwacheon Government Complex were initially expected to be included in this plan, but were known to have been excluded at the last minute. All of them are places where residents are strongly opposed to the housing offer.
On the same day, the government also announced the volume of the main subscription until 2022. Wirye (2,300 houses) and Goyang Janghang (1,400 houses) are scheduled for the fourth quarter of this year (October to December) only. A total of 370,000 units will be supplied from the metropolitan area by 2022, of which 240,000 are pre-sale, including 60,000 in advance.
○ Breaking the stereotype of crowded public apartments
As such, 55% of the quantity supplied by pre-subscription comes from special supply. 30% are special for newlyweds and 25% are for the first time in their lives. In addition, it plans to increase the number of exclusive dwellings of 60-85m² from 30% to 50% depending on the region. Public pre-sale apartments built directly by the Korea Land and Housing Corporation (LH) have generally been provided with only small flats under 60 m² for more than 80-90% of the total.
However, as a result of a survey of 120,000 people who applied for the subscription schedule notification service on the third new city promotion website, the proportion of the 60-85m² preferred housing area was the highest, with 60% of the total. An official from the Ministry of Land, Infrastructure and Transport said: “LH is also considering ways to improve the quality of housing construction by forming a consortium with private construction companies.”
Among applicants for notification services, the proportion by age group was the highest at 60% of the total. The areas of interest were mainly in the areas adjacent to the southeast area of Seoul in the order of Hanam Gyosan (20%), Goyang Changneung (17%) and Gwacheon (17%).
○ “Advance subscription is key and actual occupancy time is key”
Experts pointed out that pre-subscription is just an incentive to block demand to buy a home in advance, and that the actual time to move is important. In 2009, when the Bogeumjari home was pre-registered, there was a case of abandonment of the pre-registration due to the delay in moving, as it took almost 7 years to move. This means that only after moving in as planned has the demand for housing really been resolved. There is also concern that the jeonse market will be pushed into the jeonse market to maintain homeless status and meet mandatory residency requirements, further spurring the rise in jeonse prices.
Lee Chang-moo, a professor in the Department of Urban Engineering at Hanyang University, said: “As there are various processes, such as the resolution of the residents’ backlash and compensation of the land, it will take at least 4-5 years. actually move out. If the move doesn’t go according to plan, it can only add to consumer confusion. ” Indicated.
Reporter Lee Sae-sam [email protected] Jo Yoon-kyung
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