The reason why the housing price jumps, the unsold is cut down...

The real estate market in Osan is upbeat. While apartment prices are steadily rising, recently, unsold quantities have decreased significantly and transactions have increased sharply. It is analyzed that the steady influx of homeless end users due to the successive regulations and enforcement of the leasing law led to such an uptrend. Amid rising apartment prices in Osan, unsold sales declined and transactions surged

 

In fact, apartment prices in Osan have continued to rise this year. According to Real Estate 114, the average sale price per 3.3㎡ in Osan City, which was 7.09 million won per week in January, was 7.74 million won in three weeks in September, an increase of 9.16%. The amount of unsold items has also been greatly reduced. According to Statistics Nuri of the Ministry of Land, Infrastructure and Transport, as of the end of July, there were only 4 unsold households in Osan City. This is a reduction of more than 99% compared to that of 300 households remaining unsold in early 2019. Not only that. The trading volume has also increased significantly. According to the statistics of the Korea Appraisal Board, 1,057 apartment transactions were made in Osan in June, and the transaction volume increased by about twice the amount of 596 cases in the previous month.

 

An official from Wondong D Real Estate in Osan City said, “It is interpreted that consumers who have increased anxiety and fatigue due to the increase in sales and jeonse prices have begun to look to Osan City, where they can arrange their own houses at a rather low price.” It is possible to arrange a house at the level of the jeonse price level, and the movement of homeless people in Dongtan is steadily progressing.” In the midst of this, Osan City has been releasing various development news one after another, and interest is increasing. Representatively, the Unam Garden complex construction project is in progress with the goal of starting construction in 2022. This project is a development project that seeks to expand self-sufficiency and vitalize the region through planned urban development in which residential, commercial, and high-tech industrial facilities are fused and combined. Osan City plans to make the old downtown area of ​​the eastern part of Osan a new landmark area.