started · updated
Seoul housing market sees lucrative Gwangjin‑gu apartment offer and new newborn supply rule
A non‑priority subscription (무순위 청약) for two 84 m² units in the 강변역센트럴아이파크 complex in Gwangjin‑gu, Seoul, will open on June 22. Priced at 12.42‑12.72 billion won, the units could yield a profit of roughly 10 billion won compared with recent nearby sales. The offering is open to Seoul‑resident non‑homeowners regardless of subscription‑book status, with a 10 % down‑payment and full payment required by November. The development was previously highly competitive, receiving over 22,000 applications for 45 units.
The Ministry of Land, Infrastructure and Transport has amended the housing‑supply regulations effective mid‑June, creating a “newborn special supply” (신생아 특공) for private (민영) housing. The new allocation, comprising 10 % of private‑housing units, is available to families with children under two years old, removing the previous seven‑year marriage‑duration requirement. Applicants must meet income criteria of 130‑160 % of the average city‑worker household income. The rule also streamlines regional supply mechanisms to support companies and residents relocating to other areas.