As of August, the sale of pre-sale rights for houses supplied from private housing sites in most areas of the metropolitan area and local metropolitan areas is prohibited, even if they are not regulated areas such as areas subject to adjustment.
In the metropolitan area, it is not possible to resell the concession zone, growth management zone, and the sale of housing from private housing sites designated as urban areas among metropolitan areas in metropolitan cities.
As the market for resale of pre-sale zones in these regions has virtually disappeared, the competition rate of subscriptions in some regions, such as Incheon and Siheung, where the subscription enthusiasm has soared recently, is expected to be lower than before.
The Ministry of Land, Infrastructure and Transport said today (11th) that this is a plan to revise the Enforcement Decree of the Housing Act and take effect in August.
Currently, housing supplied from the metropolitan area and non-regular residential areas that are not regulated is subject to a 6-month resale limit.
In the metropolitan area, restricted areas such as speculative overheating districts and reconciliation target areas are banned until the sale of pre-sale rights until the registration of ownership transfer, which is expanded to overcrowded areas and growth management areas.
Prohibition of resale is, in principle, to prevent the sale of presale rights.
After the registration of transfer of ownership, the sale right is changed to a house, so blocking the resale until this time is the same as completely forbidding the resale.
However, in some cases, the period of resale restrictions has been set to long after the change from pre-sale to house, and the sale of houses during that period is also prohibited.
Some of the overcrowded and uncontrolled areas are already bound to regulated areas, such as areas to be adjusted, but not many are.
The overcrowded area is a region designated by the government to prevent excessive concentration of population, buildings, and industries in one place, and the growth management region is a region designated to deliberately attract the population and industries moving from the overcrowded area.
Overcrowded areas include Incheon, which is a non-regulated area (excluding some areas such as free economic zones), Uijeongbu, Siheung, Bucheon, and Siheung.
In the growth management area, there are also cities in the outskirts of the metropolitan area such as Dongducheon, Paju, Osan, Pocheon, Hwaseong, Yangju, and Yeoncheon.
After August, resale is prohibited in private residential areas in most areas of the metropolitan area.
In the case of public housing in the metropolitan area, the period for resale is longer due to the sale price upper limit.
In addition, in metropolitan cities, resale is prohibited only in urban areas until registration of ownership transfer.
Most metropolitan lands are classified as urban areas, so this is also a prohibited area.
The urban area is a type of use area according to the Urban Planning Act and is designated by parcel, so you can find out if the land is an urban area by looking up it in the Land Use Regulation Information System.
The government expanded the restrictions on the resale of the metropolitan area and metropolitan cities due to the overheating of subscriptions in some areas that are not bound to be adjusted.
The 'Hillstate Songdo The Sky', which Hyundai E & C sold to Songdo International City in Incheon in March, recorded an average of 72.17 to 1, the highest ever in Songdo International City's pre-sale history, with an enrollment of 804 households. Siheung-si, Gyeonggi-do, sold in the same month, 'Siheung Janghyeon Yeongmuyeum Daum' averaged the highest competition rate in Siheung-si history of 50.2 to 1.
According to the Ministry of Land, Infrastructure and Transport, overheating complexes are constantly appearing, with more than 40% of the complexes sold this year recording a competition rate of over 20 to 1.
In these regions, the demand for speculative purchases for the purpose of reselling pre-sale rights continues to flow, taking advantage of the relatively short six months of resale restrictions in non-regulated areas.
From 2017 to last year, the Ministry of Land, Infrastructure and Transport analyzed the number of apartments sold in the metropolitan area and metropolitan areas with over 20 to 1 subscriptions, and found that one out of every 4 winners sold the concession ticket within 6 months of the end of the resale. That's it.
An official from the Ministry of Land, Infrastructure and Transport said, "The time limit for reselling is expected to increase, so the probability of winning a real-life demand is expected to increase."
The complex that is subject to the strengthened resale restrictions is a complex that has applied for a resident recruitment notice after the Enforcement Decree of the Housing Act was revised and enforced in August.
(Photo = Yonhap News)
The metropolitan area and metropolitan city cannot sell apartment sales
2020-05-11T08:39:17.073Z
As of August, the sale of pre-sale rights for houses supplied from private housing sites in most areas of the metropolitan area and local metropolitan areas is prohibited, even if they are not regulated areas such as areas subject to adjustment. In the metropolitan area, it is not possible to resell the concession zone, growth management zone, and the sale of housing from private housing sites designated as urban areas among metropolitan areas in metropolitan cities.
Source: sbskr