[영문/ENG.] for the fourth week of October 2024, Jamsil Apartment Complexs.

[청운공인중개사]

[영문/ENG.] for the fourth week of October 2024, Jamsil Apartment Complexs.

Hello, this is Zamsil Cheongwoon Real Estate Agency.

Here’s the latest update on the recent status and listings

for Jamsil apartments, including Jamsil LLL's, Ricenz, Trizium, and Lake Palace,

as of the fourth week of October 2024.

The recent sales market for Jamsil apartments remains steady,

but there has been a slight increase in buyer inquiries,

likely due to the domestic interest rate cut.

However, due to government loan restrictions,

lending rates are rising,

keeping transaction volume relatively low. 

The outcome of the U.S. presidential election and the outlook

for the domestic economy are expected to play a significant role

in Jamsil apartment sales prices.

Currently, with factors like the potential for economic downturn,

a preference for safe assets, lowered base interest rates,

low real interest rates, and restrictions on multiple-homeowners,

the divide between the Gangnam and non-Gangnam areas

is expected to widen further.

In this climate, Jamsil apartments are considered a reasonable investment,

and it might be wise to look for urgent sales within a manageable budget.

For monthly and yearly leases

in Jamsil LLL's, Ricenz, Trizium, and Lake Palace,

the market remains stable as the move-in period

for Dunchon Olympic Park Foreon coincides. 

The impact seems to be less significant than

when Gaepo apartments became available.

With the interest rate drop,

the conversion rate between monthly and yearly leases

is also expected to decrease slightly. 

With the season change,

we recommend checking heating facilities in advance.

Compared to previous years,

rental prices show greater variation within the same floor plan,

depending on the apartment’s interior condition and legal status.