Tuesday, March 14, 2017

美 interest rates aftermath ... The real estate industry rises 'Small Apartment'



[Korea gimmingyeong financial newspaper reporters] are based on US interest rate hikes likely to rise also grows Adding financial loan rates. In the real estate industry it was expected to cost a further preference for quality thickening relatively small small apartment.

According to the Korea Housing Association interim group lending rates of commercial banks rose to 3.46 ~ 4.13% per month in the second year from 3.2% in May last year. Take the loan interest to end users naseoneun to arrange my house will pay more bigger.

As a result, only those cases that end up in a spiral of small equilibrium only offer pre-sale It followed that example to come. The last nine days of "Dream Forest Hyosung Harrington Place, Seoul lost 9-1 in the pre-sale housing reconstruction area is 59㎡ private area closed to subscriptions from one type to offer competitive ranking of 120: 1. In January, the 'Jai Bangbae art', while also dedicated 59㎡C type recorded the highest competition rate of 31 pre-sale type 1 126㎡B in Seocho Bangbae is popular with low competition for a 1.5-to-1.

Thanks to such popularity of a small apartment prices also jumped.

Price per 3.3㎡ under national private 60㎡ years from 2010 to 2016, according to Real Estate 114 apartments rose nearly 26% from 7.37 million won to 9.26 million won. Growth over the same period only 60 ~ 85㎡ apartment is less than 17%, exceeded only 85㎡ apartment rate was only 2%.

Also thanks to the construction boom has balanced these small quantities to increase the pre-sale of a small apartment. According to Real Estate 114 44% pre-sale apartments close to half of the total quantity supplied this year 1-2 month appeared to be a small apartment than a private 60㎡.

Industry insiders said said "recently a small apartment popularity increased, from pre-sale market often daedanji apartment also consists of a single small area '' This year will also have even greater popularity of small apartments jimyeonseo home provision is difficult to interest rate rises' She predicted.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com