Hello, this is Zamsil Cheong woon Real Estate Agency.
I would like to provide you with the latest updates
and listings for Jamsil apartments,
including Jamsil LLL's, Ricenz, Trizium, and Lake Palace,
for the third week of July 2024.
Recently,
the sales status of Jamsil apartments shows
that the market for 20-pyeong units is stable,
while 30-40 pyeong units are on the rise.
The increasing demand for smaller units is driving the market
for mid to large-sized units.
As the asking prices have risen,
the volume of transactions has slightly decreased,
showing signs of a slight overheating.
Although this does not necessarily mean a bubble burst is imminent,
it is important to be cautious and not get swept up
in the current market trend.
With the increasing possibility of domestic
and international interest rate cuts
and expectations of a shortage in apartment supply,
prices in the Gangnam 3 districts have surged in the short term.
However,
if the base interest rate is indeed lowered,
it is expected that regional apartments will benefit more
in the short term.
In the long run,
the polarization between Gangnam and non-Gangnam areas is expected to intensify, making the purchase of Jamsil apartments a good long-term investment.
When considering the purchase of Jamsil apartments,
it is essential to closely monitor government policies,
tax law changes, and domestic and international economic conditions.
The rental market status for Jamsil apartments,
including Jamsil LLL's, Ricenz, Trizium, and Lake Palace,
has shown a slight upward trend
as some quick sale properties have been absorbed.
While there may be a temporary increase in demand
due to school assignments,
it is not expected that the rental market will remain strong
for the time being.