96,660 people in Gyeonggi region make their first purchase… 45.6% in their 30s
New cities in the Gyeonggi area, including Hwaseong, Yangju, Namyangju, Gimpo, Gwangmyeong, and Hanam
Preference for new construction… GTX and subway extensions increase accessibility to Seoul workplaces
Recently, the number of young newlywed couples in their 30s or younger purchasing their first home in new cities in the Gyeonggi area is increasing.
This seems to be due to the so-called ‘frozen to death’ demand, which prefers newly built apartments occupied for less than 5 years, and the expansion of living areas due to improved accessibility to Gangnam and downtown workplaces in Seoul, such as the Seoul Metropolitan Area Rapid Transit (GTX) and subway extensions.
According to the transfer of ownership registration (sale) at the court registration information plaza on the 15th, the number of first-time buyers of apartments, officetels, and villas in the Gyeonggi area from January to August this year was 96,660, a 10.7% increase compared to the same period last year (81,888).
By region, Gyeonggi Hwaseong had the most first-time buyers this year with 7,060, followed by Yangju (5,719), Namyangju (3,158), Gimpo (2,696), Yongin Giheung-gu (1,870), Gwangmyeong (1,338), and Hanam (1,142).
By age, buyers in their 30s accounted for nearly half, with 41,314 people. The number of people in their 30s purchasing their first apartment in the Gyeonggi region increased by 10.4% compared to the same period last year (37,398 people).
This is interpreted as a result of the increased supply of new apartments in the area that have been occupied for less than 5 years, as well as improved accessibility to Seoul due to the opening of the GTX-A Line and the extension of Subway Line 8 to the Byeollae Line.
According to the regional employment survey for the first half of this year announced by Statistics Korea on the 20th of last month, the ratio of the regionally active population to the resident population was high in Jongno-gu (269.1%) and Gangnam-gu (236.2%), where corporate headquarters and other workplaces are concentrated. In particular, Gangnam-gu in Seoul had the largest regionally active population in the country at 1,089,000.
The local active population is the actual local active population calculated by adding up the local workers, unemployed, and economically inactive population. The high proportion of local active population in Jongno and Gangnam means that many people actually reside in nearby cities and counties but commute to the area where their workplace is located.
Even looking at population statistics, the phenomenon of people leaving Seoul due to rising apartment prices is steadily occurring.
According to Statistics Korea, while a total of 4,710 people left Seoul from January to April this year, Gyeonggi and Incheon had net inflows of 18,908 and 12,302, respectively.
Last year, the total number of people who moved from Seoul to Gyeonggi and Incheon was 325,317, of which 199,527 people, or 61.3%, moved due to ‘family and housing’ issues.
The recent housing trend of ‘preference for new construction’ is also contributing to the concentration of new towns in the Gyeonggi area. According to the average price per household in the metropolitan area from August of last year to July of this year according to Real Estate R114, the price of apartments occupied for less than 5 years increased by 14.5% (KRW 130.54 million) from KRW 901.17 million to KRW 1.03171 billion.
As demand for new towns in the Gyeonggi area increases, new prices are being reported one after another. The exclusive 81㎡ (28th floor) of Dongtan Yeoksamjeong Green Co. The Best in Osan-dong, Hwaseong-si recorded a new price of 1.15 billion won on the 23rd of last month.
The exclusive 59㎡ (21st floor) unit at e-Pyeonhansesang Inchang Urban Forest, located right next to Guri Station, was sold for a record high of 825 million won in July.
The exclusive 104㎡ (36th floor) unit at Dasan Jai Ivy Place, located in Dasan New Town, was also traded in the same month for 1.25 billion won, an increase of 40 million won in just one week.
Park Won-gap, a senior expert at KB Real Estate, said, “Young people are trying to choose new cities in the metropolitan area close to Seoul rather than old downtown areas on the outskirts of Seoul,” adding, “With the continuous opening of subways and GTX, the scope of Seoul remains the same, but living areas have expanded, resulting in more quasi-Seouls.”
[서울=뉴시스]
2024-09-15 23:31:40