Daegu Suseong-gu lifts adjustment target area from 26th
Over 7,500 unsold homes… Next year, 3,000 households will move in.
“First, house prices in areas that have been deregulated… continue to fall”
Although the government has lifted all areas subject to local adjustment, critics are criticizing that the measures are too late in Daegu, which has been driven as a ‘grave of unsold homes’.
The Ministry of Land, Infrastructure and Transport held the 3rd Housing Policy Deliberation Committee this year at the government complex in Seoul on the 21st and canceled areas subject to adjustment, such as Daegu Suseong-gu, Busan, Gwangju, and Daejeon. Following the release of the overheated speculation district in Suseong-gu in July and the adjustment target area of the remaining seven districts and counties, the regulation target area in Suseong-gu was also released, and the regulations that governed Daegu will disappear from June 2020.
The result of this regulatory area adjustment will take effect from 00:00 on the 26th. However, the market criticizes it as a ‘post-medication visit’. This is because the housing recession shows no sign of easing, with house prices falling and unsold pre-sales increasing.
An official from a brokerage agency in Beomeo-dong, Suseong-gu, Daegu said, “It is fortunate that the regulations have been lifted even now.” He explained, “The number of unsold homes exceeds 7,500, and more than 30,000 will be supplied next year.
An official from another brokerage nearby also said, “The burden of interest on the loan has increased and the supply volume is large.” “It is not a condition to buy a soul (purchase by attracting souls). said
Regions that have previously experienced the lifting of regulatory zones are also paying the same attention. An official from a real estate agency in Suchang-dong, Jung-gu said, “There was an expectation that buying sentiment would improve even when the adjustment target area was released in July, but nothing changed.” There will be none,” he predicted.
According to the Korea Real Estate Agency, house prices in Daegu fell 5.19% this year. Dalseo-gu fell 7.82 percent, recording the largest drop among cities, counties, and districts nationwide. Jung-gu (-6.23%), Dalseong-gun (-5.28%), and Suseong-gu (-5.18%) were also named in the top five drop rates.
It is easy to find mafi (minus premium) for sale that is cheaper than the sale price. The 84 m² dedicated to ‘Daegu-Gyeongnam Centro Palace’ in Suchang-dong, Jung-gu, Daegu was priced from 430 million won. The price is 90,000 won lower than the selling price.
As buying sentiment cooled, unsold stocks also piled up. As of the end of July, there were 7523 unsold apartments in Daegu. This is 3.8 times the number of 1977 households at the end of last year.
The occupancy volume far exceeds the appropriate demand. According to Asil, a real estate big data company, the proper demand for Daegu is 11,892 households, but the number of occupants this year was 19,812, which is more than this. Next year, there will be 33,145 households, an increase of 67.3% from this year, and 28,04 households are scheduled for 2023.
Lim Byung-cheol, head of research team at Real Estate R114, said, “Even following the regulations were lifted in most areas in July, house prices in Daegu continued to decline. looked forward
Oh Se-seong, reporter at Hankyung.com [email protected]