
AI-generated summary
The number of move-ins in the metropolitan area is decreasing, and the occupancy drought continues. In a situation where rental prices continue to rise and there is a shortage of properties for sale, moving into a new apartment serves as an opportunity to supply new rental properties.
The number of move-ins in the metropolitan area is half of this month... Occupancy drought continues
(Seoul = Yonhap News) Reporter Seo Mi-sook = The number of new apartments next month will only reach 11,000 households nationwide, and the occupancy drought is expected to continue.
According to Zigbang on the 19th, the number of apartments available nationwide in November was calculated to be 11,559 households in 21 complexes.
This is a 30% decrease compared to October (16,567 households) and a 49% decrease compared to the same month last year (22,551 households).
In particular, the number of households in the metropolitan area is 4,031, a decrease of 49% compared to this month (7,924 households).
In Seoul, where housing prices are continuing to rise, the number of households moving in is expected to be limited to 488 households in three complexes.
These are all small complexes with less than 300 households supplied through maintenance projects, including Gaebong Louvre in Gaebong-dong, Guro-gu (295 households), Central Arte Haemoro in Hongik University Station, Donggyo-dong, Mapo-gu (123 households), and Hanyang LEEPS in Shinwol-dong, Yangcheon-gu (70 households).
In Gyeonggi-do, there are 3,543 households in 6 complexes.
In Pyeongtaek, 1,604 households will move in, including Pyeongtaek Prugio Center Fine (851 households) in Hwayang District, Hyeondeok-myeon, and Dongmun D-East (6-2BL) (753 households) in Pyeongtaek Hwayang District, and in Icheon, Geumseong Baekjo Yemiji (1,009 households) in Block B3, Icheon Jungri District, Jungri-dong, and Shinan Insville Firstige (523 households), Icheon Station, Jeungil-dong, etc. 1,532 households are having a housewarming party.
In the provinces, 7,523 households, nearly twice the number in the metropolitan area, will move into 12 complexes.
2,430 households in Jeonbuk, 2,153 households in Ulsan, 1,067 households in Busan, and 763 households in Gyeongbuk are planned.
An official from Zigbang said, "With the recent rise in rental prices and a continuing shortage of properties for sale, moving into a new apartment serves as an opportunity for the supply of new rental properties. The impact on the rental market will also differ depending on the size and regional distribution of the move-in quantity."

Samsung C&T announced on the 19th that it was finally selected as the construction company for the pilot apartment reconstruction project in Yeouido-dong, Yeongdeungpo-gu, Seoul. This project, with a construction cost of 2.2685 trillion won, is a project to create 2,480 apartment houses from 6 underground floors to 59 floors above ground. A new complex name, Raemian Sonelli, was proposed, and OMA will participate in the design.

The Ministry of Land, Infrastructure and Transport is optimistic about the possibility of stabilizing the housing market in the mid- to long-term based on improvements in housing supply leading indicators and declines in sales prices in some regions, and announced that supply and demand conditions will significantly improve with the full-scale occupancy of the 3rd new city in 2028.

Seoul Mayor Oh Se-hoon referred to the housing policy white paper published by the Seoul Metropolitan Government and criticized that the opportunity to supply 430,000 housing units was lost due to the removal of maintenance zones under former Mayor Park Won-soon, and urged the government and ruling party to change the policy direction.
![[1 year of Toheo District expansion] Increased increase in housing prices in 11 out of 12 Gyeonggi regions before and after designation](/api/img?u=https%3A%2F%2Fimg.yna.co.kr%2Fphoto%2Fyna%2FYH%2F2026%2F07%2F10%2FPYH2026071006800001300_P2.jpg&w=320&q=72&f=webp)
It was found that in 11 of the 12 land transaction permit zones in Gyeonggi Province designated as part of the October 15 real estate measures last year, the rate of increase in apartment prices in the year after designation of regulations increased compared to before. In particular, Gwangmyeong City showed the largest increase in the growth rate, increasing by 19.0 percentage points from 1.8% to 20.8%, and Gwacheon City was the only city where the growth rate slowed. Experts called for checking effectiveness and considering side effects.
![[1 year of Tohe district expansion] Gangnam is captured, but ‘decoupling’ is increasing in other regions](/api/img?u=https%3A%2F%2Fimg.yna.co.kr%2Fphoto%2Fyna%2FYH%2F2026%2F07%2F05%2FPYH2026070504740006100_P2.jpg&w=320&q=72&f=webp)
Despite the decline in house prices in Gangnam, Seoul, apartment prices are continuing to rise mainly in non-regulated areas such as Gunpo-si, Gyeonggi-do, Byeongjeom-gu, Hwaseong-si, and Wonmi-gu, Bucheon-si, and prices have also risen significantly in regulated areas such as Maegyo-dong, Paldal-gu, Suwon-si. Uiwang-si and low-cost areas outside Seoul also recorded double-digit growth rates, and 8 of the top 10 areas with the highest growth rates this year were Gyeonggi-do. It is analyzed that the decrease in jeonse and monthly rent listings and Samsung Electronics' in-house housing loan were influential.

The average monthly interest cost for jeonse households in the second quarter of this year was 211,965 won, an increase of 144.2% from the second quarter of 2019, and significantly exceeded the 66.1% increase in interest costs for owner-occupied households during the same period. The ratio of interest costs to income for jeonse households has risen to 3.7%, and the rising jeonse price is also acting as a factor in increasing the burden on tenants.