Autumn Sales Boom Expected: 38,000 Units in 50 Complexes Nationwide to Be Released in October

61% Increase Compared to Last Year
65% of Total Supply Concentrated in Greater Seoul Area

With the beginning of the peak autumn sales season, approximately 38,000 units in 50 apartment complexes nationwide are scheduled to be released in October. This represents a 61% increase compared to the same month last year, with 65% of the total units concentrated in the Greater Seoul area.

According to Zigbang on September 28, 50 complexes nationwide are set to supply a total of 38,032 units next month. This is an increase of 61% (14,365 units) from the same month last year, when 23,667 units were supplied. Of this total, general sales will amount to 32,133 units, up 13,731 units (75%) from 18,402 units in the same period last year.

Apartment view of the Gangnam area as seen from the Lotte World Tower Sky Observatory in Songpa-gu, Seoul. Photo by Dongju Yoon

By region, 65% of the total supply, or 24,618 units, will be located in the Greater Seoul area. Of these, Gyeonggi Province accounts for the largest share, with 16,043 units in 23 complexes. Incheon and Seoul will follow, with 6,921 units in seven complexes and 1,654 units in seven complexes, respectively. In the provinces, 15 complexes with 13,414 units are scheduled to go on sale.

In Seoul, preparations are underway for the release of 500 units in the Goduk-Gangil 3rd Land Lease complex and another 590 units in the second phase of the Goduk-Gangil 3rd Land Lease complex in Gangil-dong, Gangdong-gu. Additionally, the Gyeonghuigung Epitt complex in Gyonam-dong, Jongno-gu will offer 228 units, while Jungnang-gu’s Junghwa Station Raon Private Centro will provide 176 units.

In Gyeonggi Province, the Hwaseong Hyangnam Lotte Castle Signature complex will supply 1,542 units, the Gwangju Station Lotte Castle Signature 2nd complex will offer 1,249 units, and the Hanwha Forena Jije Station complex will provide 1,098 units. In Incheon, 2,706 units will be released in Sanggok Station Xi Hillstate & Haneulchae, along with 868 units in Cheongna Arc One Prugio.

Meanwhile, this month, 20,062 units out of the originally scheduled 22,704 units were actually launched, resulting in a sales performance rate of 88%. This is 20 percentage points higher than the 68% performance rate in August. For general sales, 16,883 units out of the planned 18,643 units were supplied, resulting in a performance rate of 91%.

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