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It has been found that the competition rate for subscribing to Seoul Dunchon Jugong, the largest reconstruction complex in Korea, is lower than expected.

There was talk that 100,000 people would come, but the reality was different.

It seems that the bank interest rate is so high these days and the number of people who want to buy a house has decreased.



Reporter Ahn Sang-woo covered the story.



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13,647 people received subscriptions in the first place for 3,695 households in the general supply of Dunchon Jugong reconstruction, and the competition rate is 3.7 to 1.



Compared to the subscription competition rate of other nearby apartments just a month ago, it was 15.7 to 1, which is significantly lower.



It was a large apartment in a good location that came out in the Gangnam area of ​​Seoul for the first time in a long time, so the expectation that subscription demand would be rushed was wrong.



[Dunchon Jugong sales official: Considering the atmosphere of the contracted subscription market, where interest rates are high and loans are difficult, it is an acceptable result...

.]



In addition to the 8-year resale restriction and the 2-year residency obligation, the higher-than-expected pre-sale price is cited as the direct cause.



[Park Won-gap/KB Kookmin Bank Senior Real Estate Expert: As the price of nearby houses has declined significantly, there is only a difference of about 200 to 300 million (with sale prices).

If the interest rate rises further, if you see that the price of the surrounding house can fall further, you can lose money (that is.)] It



is an analysis that the recent extremely contracted housing purchase sentiment amid high interest rates also caused a cold wave in the sales market.



Last year, Seoul's first-place subscription rate was 164:1, but this year it fell to 22:1.



As of last October, there were 47,000 unsold homes nationwide, and only 2% in Seoul.



However, we cannot be optimistic because there are many factors that increase the sale price, such as raw materials and wages.



[Kwon Dae-jung/Professor of Real Estate Department, Myongji University: Areas subject to the pre-sale price cap are 15-20% lower in price.

(Nevertheless), if there is an unsold sale, general housing prices may fall further.] There



are also observations that the regional polarization of the real estate market, including the pre-sale market, will intensify because demand is still high in Gangnam and Seocho, Seoul, despite high prices.



(Video coverage: Kim Tae-hoon · Yoon Hyung, video editing: Won-yang Won)