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 second week of November 2024.
The recent sales market for Jamsil apartments shows a modest upward trend
with a slight increase in transactions,
mainly due to the domestic interest rate cut.
Following President Trump’s re-election,
the pace of interest rate cuts and exchange rates are expected to remain steady,
which may introduce some uncertainty in investor sentiment toward Jamsil apartments.
Trump’s new policies are expected to impact Jamsil apartment sale prices,
making a rapid price increase unlikely in the near term.
However, with a potential supply shortage
and further interest rate cuts expected early next year,
a medium- to long-term rise seems probable.
For monthly and yearly leases in Jamsil LLL's, Ricenz, Trizium,
and Lake Palace, slight declines have been observed in units starting
from the 66 m² range,
likely affected by the upcoming move-ins at Olympic Park Foreon.
There have been occasional disputes over lease renewal rights
and interior facilities, so we recommend carefully reviewing relevant laws
and precedents before signing any contracts.