"30억 줘도 못사" '잠삼대청' 급등하게 된 이유는?

Summary

This video covers the significant changes in the South Korean real estate market following the lifting of land transaction restrictions in areas like Gangnam. Experts discuss how the news has led to sharp increases in property prices, particularly in areas such as Jamsil and Daechi-dong. The lifting of these restrictions allows for more flexibility in property investments, such as the ability to purchase with leased properties. The video highlights the impact on real estate pricing, investor sentiment, and potential market trends, particularly in the high-demand regions near central Seoul. The discussion also touches on the broader implications of these market shifts, offering advice on where to invest next.

Takeaways

• 😀 The South Korean government lifted the 'Land Transaction Permission Zones' restrictions in high-demand districts, particularly in areas like Gangnam.
• 😀 This deregulation has led to a rapid surge in property prices, with some locations seeing an increase of up to 1-2 billion KRW within days.
• 😀 The main goal of lifting these restrictions was to ease the real estate market and reduce speculative investments.
• 😀 Areas such as Jamsil in Songpa-gu have experienced significant price hikes following the announcement.
• 😀 Investors from outside Seoul are now able to purchase properties without needing to live in them, fueling further speculation.
• 😀 Gangnam and surrounding areas, including parts of Jamsil, have become prime spots for investment due to deregulation.
• 😀 Despite concerns over a potential housing bubble, some experts believe the market might stabilize once the initial rush of buyers cools off.
• 😀 New areas like Gangdong-gu and Dongjak-gu might see property price increases as a 'spillover effect' from more expensive regions.
• 😀 The potential for rising property values in the emerging districts is being closely monitored by real estate professionals.
• 😀 Investors are advised to be cautious of rapidly increasing prices and consider areas that have not yet seen significant price surges.

Q & A

What is the significance of the land transaction permit zone being lifted in Seoul?

The lifting of the land transaction permit zone in Seoul allows for more flexible real estate transactions. It reduces the restriction on purchasing properties in areas previously controlled by these regulations, such as not requiring residents to live in the property or purchase without a lease. This has led to a sharp increase in property prices in affected areas.

How did the lifting of the land transaction permit zone impact property prices in the Jamsil area?

Following the announcement, property prices in Jamsil skyrocketed. The price of properties in areas like Songpa-gu, including the Jamsil district, saw price hikes of approximately 1-2 billion KRW within a few days. These increases continued over the span of a week, with some properties showing a rise of around 10 billion KRW compared to the previous year.

What was the effect of the policy change on investors?

Investors, especially those from outside Seoul with strong capital, became more active in the market due to the ease of investment. Prior to the policy change, these investors were restricted from purchasing properties in areas like Jamsil unless they were to live in them, which was seen as inconvenient. With the new regulations, they can now buy properties without needing to reside in them.

Why did the government lift the land transaction permit zone regulations in certain areas?

The government lifted these regulations because it had reached the maximum allowed time frame of five years for certain districts like Jamsil. Additionally, areas like Gangnam were seen as underperforming in terms of investment, and the lifting was viewed as a way to stimulate economic activity. There were also political considerations, as this move could be seen as beneficial for upcoming elections.

How did the announcement affect other regions surrounding Jamsil?

Other nearby areas, such as Sincheon-dong and Garak-dong, also saw price increases following the Jamsil price hike. With investor interest shifting to these nearby areas, property values in complexes like Helio City and Park Rio in these regions also began to rise.

What was the rationale behind not lifting the land transaction permit zones in areas like Apgujeong and Mokdong?

Areas like Apgujeong and Mokdong were not included because they still faced high levels of speculative investment. The government cited concerns about speculation and maintained these regulations as a safeguard to prevent excessive price increases in already high-demand areas.

Why were certain properties like the Jamsil complex considered more favorable for lifting regulations?

Properties in Jamsil, particularly those in complexes like Jamsil Samsung and Daechi-dong, were considered for lifting because of the ongoing development projects in the area, such as the MICE (Meetings, Incentives, Conferences, and Exhibitions) projects and the re-development of the Jamsil Sports Complex. These developments added economic value to the region, making it a favorable area for investment.

What concerns were raised about the government's timing in lifting the land transaction permit zones?

Critics questioned the timing of the policy change, particularly because it occurred just months before the upcoming presidential election. Some viewed it as a political move aimed at gaining favor with voters, while others were concerned that the policy might exacerbate housing market instability and lead to further price hikes across Seoul.

What was the response of the real estate market to the lifting of the restrictions?

The real estate market responded quickly, with property prices soaring in areas like Jamsil. Many areas that were once considered to be underperforming saw significant interest from investors. However, there were concerns that these price increases could lead to a real estate bubble if not managed carefully.

What advice did the experts offer to potential homebuyers and investors in light of these changes?

Experts advised potential buyers and investors to focus on areas where prices had not yet surged significantly. They recommended regions such as Gangdong-gu and Dongjak-gu, which are close to the rising demand in Gangnam, as they are likely to see price increases due to the spillover effect from surrounding areas. However, they cautioned against investing in areas where prices had already increased sharply within a short period.