29,671 Apartment Units Scheduled for Sale Nationwide in July... Up 30% Year-on-Year

20,252 Units Planned for the Seoul Metropolitan Area
9,419 Units to Be Supplied in Other Provinces

The number of apartment units scheduled for sale next month is expected to increase by 30% compared to the same month last year.

Apartments are densely packed throughout the city center as seen from Namsan in Seoul. Photo by Yonhap News

According to real estate information provider Zigbang on June 29, the total number of apartment units scheduled for sale nationwide in July is estimated at 29,671. This represents an increase of about 30% compared to the same month last year, when 22,793 units were supplied. The number of general sale units is also expected to rise by about 17%, from 18,554 last year to 21,679 this year.

Previously, the apartment sales market in June showed a relatively stable supply compared to the planned volume. The number of apartment units initially scheduled for sale in June was 30,126, and as of now, the actual number of units supplied has reached 24,914, which is about 83% of the planned figure. Of the 25,097 units scheduled for general sale, 22,434 units have been supplied, representing about 89%. Some projects that are scheduled to announce their recruitment notices at the end of June are included in these results, so the final numbers may be adjusted during the final tally. While the sales schedule can fluctuate depending on project approvals and the timing of recruitment announcements, the ratio of actual supply to planned volume has remained relatively stable.

In July, a total of 29,671 apartment units are expected to be supplied nationwide. By region, the Seoul metropolitan area accounts for about 68% of the total, with 20,252 units, while 9,419 units are planned for other provinces. In particular, supply will be concentrated in Gyeonggi Province and Incheon.

In Seoul, pre-sales are upcoming for complexes such as "Summit Clavion" in Singil-dong, Yeongdeungpo-gu (812 units), and "Chungjeongno Station Xi Rene" in Jungnim-dong, Jung-gu (299 units). These are newly developed complexes supplied through urban redevelopment projects, offering excellent accessibility to the city center.

In Gyeonggi Province, large-scale complexes are scheduled for sale, including "Hangang Prugio River Front" in Gochon-eup, Gimpo-si (2,432 units), "Sangdong Station Lotte Castle" in Wonmi-gu, Bucheon-si (1,859 units), "Osan Heritage Xi 1·2BL" in Yangsan-dong, Osan-si (a total of 1,783 units), and "Uiwang Station SK View" in Sam-dong, Uiwang-si (1,857 units). Additional new pre-sales are also scheduled in Seongnam, Namyangju, Siheung, and Icheon.

In Incheon, a total of 6,154 units are expected to be supplied, including "City OCL 9th Complex" in Hakik-dong, Michuhol-gu (2,013 units), "Sangok Station Xi Hillstate & Haneulchae" in Sanggok-dong, Bupyeong-gu (2,706 units), and "Geomdan AA17BL" in Bullo-dong, Seo-gu (1,435 units). Large-scale supply is expected, particularly in Michuhol-gu, Bupyeong-gu, and Geomdan, likely leading to an increase in apartment sales volume in the Seoul metropolitan area.

Outside the metropolitan area, South Gyeongsang Province will provide the largest supply, with 4,355 units. Upcoming sales include "Centreville Asterium Geoje" in Geoje-si (1,307 units), "Hillstate Forena Jinju" in Jinju-si (1,032 units), and "Changwon Hanshin The Hue Mega Centum" in Changwon-si (2,016 units).

A Zigbang representative stated, "Due to recent instability in the international situation and increased volatility in raw material prices, the burden of construction costs has risen, leading to continued upward pressure on sale prices for new apartment complexes. As a result, demand for subscriptions is expected to be selective, focusing on complexes with competitive pricing."

This content was produced with the assistance of AI translation services.