2024-04-23 08:00:58
Last month, it was found that one out of three households scheduled to move into apartments across the country did not move in.
According to data released by the Housing Industry Research Institute (JUSAN) on the 4th, the national apartment occupancy rate in March was 68.4%, down 3.6 percentage points from the previous month.
By region, the metropolitan area decreased by 2.5 percentage points from 83.1% to 80.6%, and the regional areas decreased by 3.6 percentage points from 69.7% to 65.8%.
Among the metropolitan areas, Seoul fell by 2.5 percentage points (87.7% → 85.2%), and Incheon and Gyeonggi areas fell by 2.4 percentage points (80.7% → 78.3%).
In regional areas, the Gwangju/Jeolla area recorded 65.9%, down 9.2 percentage points (75.1% → 65.9%) from the previous month, and the Jeju area also dropped significantly by 14.8 percentage points (74.0% → 59.2%).
Looking at the reasons for non-occupancy, the factors of not securing balance loan (23.2% → 21.8%), delay in selling existing house (50.0% → 36.4%), and delay in sale of pre-sale rights (3.6% → 1.8%) decreased, while the factor of not securing tenants decreased from 16.1% in the previous month to 23.6. % rose significantly by 7.5% points.
An official from Joosan Research Institute analyzed, “This is because the gap in transaction prices between landlords and tenants is increasing as sales demand is converted to rental demand due to the continued high interest rate trend.”
This month’s apartment occupancy outlook index is also expected to decline slightly.
The national apartment occupancy outlook index in April was 75.4%, a slight decrease of 3.6 points compared to the previous month (79.0).
However, the metropolitan area increased by 10.6p (80.7 → 91.3), while the local area decreased by 6.6p (78.6 → 72.0).
In the metropolitan area, Seoul is expected to increase by 17.9p (84.8 → 102.7), Incheon by 8.6p (71.4 → 80.0), and Gyeonggi by 5.3p (86.1 → 91.4). In particular, Seoul showed signs of recovery, exceeding the baseline of 100 for the first time since October 2023.
An official from Joosan Research Institute explained, “The rise in the index in the metropolitan area appears to reflect the expectations of housing business operators due to the rise in prices of some complexes in the metropolitan area and the increase in apartment transaction volume.”
Reporter Kim Jeong-hyeon Photo News 1
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2024-04-23 08:00:58