One week since tax transfer imposition…No change in Seoul housing price as if laughing at the solution
Park Sang Gil | sweatsk@ | 2018-04-09 11:22:21
The income tax on the local area in Seoul is not fluctuating even after one week has passed. As the sale of goods is almost finished in preparation for the capital gains tax, there is a phenomenon in which the price of the goods is hiding and the price is rising.
According to the real estate industry on April 8, prices of the properties in Gangnam and Gangbuk areas are rising. In the first week of this month, 84 square meters (25 pyeong) dedicated to Jamshil Els of Songwon have been sold for KRW 80 million ~ 130 million compared to last week.
There is a growing tendency to watch the market situation rather than to make a sudden sale. In some cases, there is a tendency to place damages on the market due to excessive transfer tax.
Banpo Acro River Park 84.95㎡ (25 pyeong) dedicated to the formation of KRW 2.75 billion to 2.8 billion, compared with the KRW 2.6 billion in February this year, KRW 150 million to 200 million. The price of 114m2 (34 pyeong) dedicated to Mapo Ramanian Prugio was raised by KRW 90 million to 1.65 billion, while the private 59m2 (17 pyeong) of Gyeonghuigung Zhai was raised to KRW 1.2 billion.
So-called Mao Yong Sung (Mapo • Yongsan • Seongdong) has convenient transportation conditions to the major business districts such as Yeouido and Gwanghwamun, while the price is not higher than Gangnam apartment.
Meanwhile, it seems that the reason for the shortage of spending is due to the `holding effect`. The holding effect means that more multifaceted people have more value in their homes than those who want to buy them. With the introduction of the transfer tax law, sellers are trying not to lose money by lowering their prices, but buyers are not narrowing their gap as they look for affordable deals. So, it seems that there is an atmosphere that sellers will not sell even though they are damaging. As the housing market uncertainty grows, the atmosphere is expanding to one household and one household. Between buyers, there is an atmosphere that they will live in the premises for two years and watch the market situation.
Real estate experts have advised that the more difficult the real estate market is, the more likely it will be to build a house from a selective point of view.
"The increase in prices at Mapo-Na and Yongsan has been a gap-filling phenomenon due to the fact that the price of Gangnam has not been able to keep up with the rise of the house price," said Lee Sung-kyu, a senior research fellow at the Korea Institute of Construction Industry. "As the volume of transactions prepared for transfer tax is almost extinguished, "It is a temporary phenomenon that appears in the middle of a rise, so it needs a bush shield."
By Park Sang Gil sweatsk@
[ copyright ⓒ The Digitaltimes ]
According to the real estate industry on April 8, prices of the properties in Gangnam and Gangbuk areas are rising. In the first week of this month, 84 square meters (25 pyeong) dedicated to Jamshil Els of Songwon have been sold for KRW 80 million ~ 130 million compared to last week.
There is a growing tendency to watch the market situation rather than to make a sudden sale. In some cases, there is a tendency to place damages on the market due to excessive transfer tax.
Banpo Acro River Park 84.95㎡ (25 pyeong) dedicated to the formation of KRW 2.75 billion to 2.8 billion, compared with the KRW 2.6 billion in February this year, KRW 150 million to 200 million. The price of 114m2 (34 pyeong) dedicated to Mapo Ramanian Prugio was raised by KRW 90 million to 1.65 billion, while the private 59m2 (17 pyeong) of Gyeonghuigung Zhai was raised to KRW 1.2 billion.
So-called Mao Yong Sung (Mapo • Yongsan • Seongdong) has convenient transportation conditions to the major business districts such as Yeouido and Gwanghwamun, while the price is not higher than Gangnam apartment.
Meanwhile, it seems that the reason for the shortage of spending is due to the `holding effect`. The holding effect means that more multifaceted people have more value in their homes than those who want to buy them. With the introduction of the transfer tax law, sellers are trying not to lose money by lowering their prices, but buyers are not narrowing their gap as they look for affordable deals. So, it seems that there is an atmosphere that sellers will not sell even though they are damaging. As the housing market uncertainty grows, the atmosphere is expanding to one household and one household. Between buyers, there is an atmosphere that they will live in the premises for two years and watch the market situation.
Real estate experts have advised that the more difficult the real estate market is, the more likely it will be to build a house from a selective point of view.
"The increase in prices at Mapo-Na and Yongsan has been a gap-filling phenomenon due to the fact that the price of Gangnam has not been able to keep up with the rise of the house price," said Lee Sung-kyu, a senior research fellow at the Korea Institute of Construction Industry. "As the volume of transactions prepared for transfer tax is almost extinguished, "It is a temporary phenomenon that appears in the middle of a rise, so it needs a bush shield."
By Park Sang Gil sweatsk@