Hello, this is Zamsil Cheong woon Real Estate Agency.
Here is the recent status and listing information for Jamsil apartments
including Jamsil L's, Risenz, Trizium, and Lake Palace
for the second week of May 2024.
The recent sales trend of Jamsil apartments remains strong
but firm, although the transaction volume has slightly decreased.
It is believed that the market is in a lull due to the fatigue
from the rapid price increase
in the short term and the turning point of rising loan interest rates.
The recent strength in the Gangnam 3 Districts
is due to polarization and the preference
for safe assets amid concerns about an economic downturn.
It is necessary to closely monitor the recovery of the Chinese economy
and the possibility of interest rate cuts.
Currently, there is a possibility of price increases in the short term.
Therefore, when considering purchasing Jamsil apartments,
it is more important to manage legal and tax risks well
during the transaction process rather than worrying about price declines.
The rental market status of Jamsil apartments,
including Jamsil L's, Risenz, Trizium, and Lake Palace, has turned to strong stability.
With a decrease in listings and an increase in moving demand
due to the summer vacation,
there is a slight upward trend.
Transactions are not very active,
but active transactions are expected to begin in mid to late this month
when the full summer vacation demand starts.