Journalist
LEE EUNBYEOL
star@ajunews.com
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Seoul Apartment Listings Diverge Ahead of Capital Gains Tax Surcharge Deadline With the deadline 10 days away for the end of a temporary suspension of heavier capital gains taxes on home sales, Seoul’s apartment market is showing a sharper split in how quickly listings are being cleared. In the Han River belt and outer districts, bargain-priced homes are being snapped up by end users, while transactions in the Gangnam area have largely stalled. According to the real estate big-data platform Asil, Seoul had 72,699 apartment listings as of the previous day. That is down for six straight weeks from a peak of 80,080 in the third week of March (March 16-22), meaning about 9.22% of total listings were sold or pulled from the market in roughly a month. The decline has been led by outer and midpriced areas. Listings fell by double digits in several districts, including Jungnang (-16.9%), Nowon and Gangbuk (each -13.4%), Guro (-12.9%), Dongjak (-11.5%) and Seongdong (-11.1%). The drop was attributed to newlyweds and first-time buyers, strained by the rental market, purchasing quick-sale homes mainly in the 600 million won to 1 billion won range. Gangnam has moved in the opposite direction. With land-transaction permit rules, tighter lending and owner-occupancy requirements combining to curb demand, the area remains in what the market calls a “transaction cliff,” where listings accumulate but deals do not follow. The gap is clearer in absorption rates. Using Ministry of Land, Infrastructure and Transport transaction data and Asil figures, the absorption rate in March for seven Han River belt districts — including Seongdong, Mapo, Yeongdeungpo, Dongjak and Yangcheon — was 36.9%, about 2.2 times the 16.6% recorded in four core districts: Gangnam, Seocho, Songpa and Yongsan. By district, Yangcheon saw 54.4% of new listings traded within the month, while Seocho recorded 7.3%. Yeongdeungpo (50.7%), Mapo (46.3%) and Dongjak (44.0%) also posted high absorption rates. Analysts attributed the polarization to differences in price levels and regulation. Major complexes in the Han River belt have median prices of 1 billion won to 1.3 billion won, limiting the impact of lending rules, while Gangnam’s 3 billion won to 4 billion won price range narrows the buyer pool. Owner-occupancy requirements have also raised barriers to entry. Inventory turnover showed the same pattern. In March, the Han River belt’s turnover rate was 7.22%, about 3.1 times the 2.31% rate in the four core districts, suggesting a faster “circulating” market outside Gangnam and a more stagnant one in the south. Even so, prices in Gangnam have not fallen much despite weak trading, and some complexes have shown signs of a slight rebound. Song Seung-hyeon, head of City and Economy, said, “For the government’s supply-inducing policies to work evenly across Seoul, a differentiated approach tailored to local supply and demand conditions is needed rather than uniform regulation.” He added, “The outer districts need expanded supply, while Gangnam needs measures to ease transaction bottlenecks.”* This article has been translated by AI. 2026-04-29 16:11:21 -
DL E&C Stake in X-energy Jumps After Nasdaq IPO, Nearly Sixfold in Three Years DL E&C said its stake in U.S. small modular reactor developer X-energy has surged in value after the company’s successful Nasdaq listing, rising nearly sixfold in about three years. DL E&C said Tuesday that the value of its holdings increased to about 172 billion won after X-energy’s initial public offering. The stake was worth $20 million (about 30 billion won) when DL E&C joined X-energy’s Series C round in January 2023, meaning the value has grown about 5.7 times. The gain followed a sharp rise in X-energy’s share price after listing. X-energy began trading on Nasdaq on April 24 local time. Its IPO price was set at $23, above the top of the indicated range of $19. The stock closed at $29.20 on its first day and rose about 50% over the next three sessions, reaching $34.11 as of April 28. The IPO also set a record for fundraising by a nuclear power company, DL E&C said. X-energy raised more than $1 billion (about 1.475 trillion won) in the offering. The industry has attributed stronger SMR investment demand to rising electricity needs tied to the spread of artificial intelligence, the company said. X-energy, backed by the U.S. Department of Energy, is developing a fourth-generation SMR and holds high-temperature gas-cooled reactor technology that uses high-temperature helium gas for cooling. DL E&C said X-energy is working with Amazon, Dow and Centrica and has secured an 11-gigawatt pipeline. DL E&C said it has built a strategic partnership with X-energy as an early-stage investor, aiming to make SMRs a next growth engine and create synergies with its plant business. The company recently began deeper cooperation by taking on X-energy’s standardized SMR design work. The contract signed last month is worth $10 million (about 15 billion won) and is the first case in which a South Korean construction company is paid directly by an SMR developer to perform design work, DL E&C said. DL E&C said it plans to strengthen competitiveness across both large-scale nuclear plants and SMRs, building on its experience in projects including Hanbit units 5 and 6 and Shin Kori units 1 and 2. SMRs are small reactors with electric output of 300 megawatts or less and are viewed as a way to support carbon neutrality while providing stable power. The U.K. National Nuclear Laboratory has projected the global SMR market could reach about $500 billion (about 740 trillion won) by 2035. Yoo Jae-ho, head of DL E&C’s plant business division, said, “As X-energy is being valued highly by the market, we expect a virtuous cycle that leads to an increase in the value of our stake.” He added, “We will expand SMR-related investment to strengthen our global competitiveness.” 2026-04-29 14:28:25 -
Yeosu Soje District’s First Presale Draws 12,000 Visitors to Model Home The first presale project in Yeosu’s Soje District, the “Yeosu Soje Jungheung S-Class Umi Lin,” is drawing heavy traffic to its model home, boosting expectations for strong sales. The Soje District is a planned housing area intended to improve residential stability and living conditions for workers at the Yeosu National Industrial Complex. Jungheung To-gun, part of Jungheung Construction Group, and Umi Construction said April 28 that about 12,000 people visited the model home after it opened April 24, over the following three-day weekend. The project is being supplied in Soho-dong, Yeosu, South Jeolla Province. The model home was crowded even on its weekday opening day with visitors checking floor plans and design. It remained busy over the weekend with prospective buyers seeking subscription consultations and reviewing contract terms. Visitors cited the project’s status as the Soje District’s first presale offering and a “reasonable” price set under Korea’s housing price cap system as key advantages. The site’s potential sea views from some units also drew attention, reflecting expectations of an “ocean-view premium.” The complex will include community facilities such as an indoor golf practice range, fitness center, climbing zone, small library, sea-view yoga zone and guesthouse. The developers also said features aimed at convenience, including donating a school bus, were viewed positively. A sales official said, “As the first presale project in the Yeosu Soje District, it has symbolic value, and the price was set at a reasonable level compared with nearby market prices, which appears to have driven the turnout.” The official added, “Because subscriptions are open nationwide with no residency restrictions, inquiries are continuing not only from Yeosu but also from Gwangju, Suncheon and Gwangyang in the Jeonnam region, as well as from the Seoul metropolitan area.” The development will be built on A3 and A4 blocks near 828 Soho-dong, with five basement levels and up to 25 stories above ground. It will comprise 21 buildings and 1,679 households. Units will be offered in 84, 109 and 135 square meters, centered on small and mid-sized homes with some larger options. The subscription schedule begins with special supply on May 4 and May 6, followed by first-round applications on May 7 and second-round applications on May 8. Winners will be announced May 14 for the A3 block and May 15 for the A4 block. Standard contracts are scheduled for May 26-28. Subscriptions are open nationwide with no residency restrictions. Financial incentives include interest-free interim payments covering 60% of the price, a 5% down payment, and a fixed first down payment of 10 million won. Move-in is planned for June 2029 for the A3 block and April 2029 for the A4 block.* This article has been translated by AI. 2026-04-29 09:24:25 -
Seohui Construction Posts 144.4 Billion Won Operating Profit, Eyes Housing Law Easing Seohui Construction said it has defended earnings on the back of a stable financial structure and expectations of policy tailwinds, reaffirming its position in the local housing cooperative market. The company said Monday that it posted a debt-to-equity ratio of 49.6% last year and achieved operating profit of 144.4 billion won. Seohui Construction said it increased capital while reducing debt, earning an assessment that its financial health ranks among the industry’s upper tier. As more builders see profitability squeezed by high interest rates and rising raw material costs, the company attributed its performance to a selective strategy focused on projects with stronger returns. Market watchers say Seohui Construction could be a major beneficiary if a Housing Act revision under discussion at the National Assembly passes. The bill would ease the land-ownership requirement for local housing cooperative projects to about 80% from 95%. The change could shorten project timelines and cut financing costs, raising expectations for broader activity in the sector. Industry officials expect Seohui Construction, which has built experience and management capabilities in such projects, to benefit directly from the policy shift. A Seohui Construction official said the company uses an in-house feasibility analysis system to screen for strong project sites with a lower risk of conflict, adding that it expects a significant first-mover advantage after any policy revision. The company is also broadening its portfolio beyond cooperative housing. Seohui Construction recently signed a construction contract for a small-scale housing redevelopment project in Mok-dong, Yangcheon District, entering Seoul’s redevelopment market. It was also named preferred bidder for zones 5 and 6 of the Siheung 5-dong Moa Town project in Geumcheon District, expanding its foothold in urban renewal. Seohui Construction said it is widening its scope to include public housing, Moa housing and trust-based redevelopment projects. Another company official said it plans to strengthen product competitiveness through steps such as launching a new brand and to further solidify its position in urban redevelopment on the back of a stable earnings base.* This article has been translated by AI. 2026-04-28 16:13:02 -
Korea’s Completed Unsold Homes Top 30,000 as Mid- to Large-Size Units Pile Up Outside Seoul Completed but unsold homes nationwide — often called “distressed” inventory — have topped 30,000 units, with unsold stock rising fastest in non-capital regions and in mid- to large-size housing, deepening structural imbalances in the market. An analysis of the Ministry of Land, Infrastructure and Transport’s unsold-housing data for the past five years showed that as of February, completed but unsold homes stood at 31,307 units, setting a record high for the sixth straight month. Their share of all unsold homes also surged to 47.3% from 11.3% in 2023. The increase has been most pronounced in larger homes. Unsold mid-size units (60 to 85 square meters of exclusive floor area) totaled 20,524, accounting for 65.6% of the total. Unsold large units (over 85 square meters) reached 4,960, up 107% from a year earlier — the steepest rise among size categories. By contrast, smaller units (40 square meters or less and 40 to 60 square meters) fell or held steady, suggesting demand is absorbing them. Regional gaps were also clear. Jeju (36%), Daegu (31%) and Ulsan (30%) had relatively high shares of units over 85 square meters, while Seoul’s unsold homes were overwhelmingly small units, at 94%. As unsold inventory worsens outside the capital area, the buildup is increasingly concentrated in mid- to large-size homes. The trend is widely attributed to end-user demand clustering in smaller, less expensive homes. Analysts cited high interest rates and tighter lending rules that raise financing burdens, along with shifting demand as one- and two-person households increase. A construction company official said, “The larger the home, the heavier the price burden, and when households aren’t large, they tend to avoid mid- to large-size homes,” adding that as investment demand fades and the market shifts toward owner-occupiers, unsold mid- to large-size units are rising in provincial areas. The burden is concentrated outside the capital region. Of all completed but unsold homes, 27,015 units — 86.3% — were in non-capital areas, with Chungnam (65.5%), Busan (58.5%) and Incheon (44.2%) posting large increases over the past year. The backlog is feeding stress in the construction sector. The Construction Industry Knowledge Information System, known as KISCON, reported 1,088 business-closure filings in the first quarter, up 17.6% from a year earlier, with about 60% coming from non-capital firms. The Korea Research Institute for Construction Policy said the rise in closures reflects a structural shift, not just a normal cycle, as financially weak companies make up a larger share of the industry. It cited higher financing costs from rising rates, a construction slowdown and worsening profitability from accumulated unsold homes, compounded by a global slowdown and growing unpaid construction receivables — weakening liquidity and financial soundness at the same time. Song Seung-hyeon, head of City and Economy, said closures are being driven by a combination of mounting provincial unsold inventory, rising construction costs and heavier financing burdens. “With weak sales blocking cash recovery, higher material and labor costs and high interest rates are overlapping, spreading a liquidity crisis centered on small and midsize builders,” he said. He added that steps should include expanding purchases of unsold homes, supporting project-finance lending and stabilizing construction costs, while also restructuring troubled projects. 2026-04-28 16:12:01 -
DL E&C Showcases AI-Driven Construction Data Platform at Palantir APAC Summit Korea 2026 DL E&C said it has presented an AI-based, data-driven model for improving the full construction process on a global stage, highlighting its technology capabilities. The company said it was the only South Korean builder invited to speak at Palantir Technologies’ “APAC Summit Korea 2026,” held April 23 at Paradise City in Incheon, where it shared cases of AI-based operational innovation in construction. The summit drew about 300 executives from major Asia-Pacific industries. DL E&C, the only presenter from the construction sector, outlined operational results using Palantir’s AIP (Artificial Intelligence Platform). Palantir said DL E&C is “creating tangible results by combining data and AI” in an industry where digital transformation is difficult. DL E&C introduced Palantir’s data platform in 2022, the first among South Korean construction companies, and has since integrated data across planning, design, construction and maintenance, it said. Based on that foundation, it built 46 applications used in field operations and established companywide processes for using data. The company said it also structured extensive construction terminology and work knowledge, moving beyond data storage to a decision-focused platform. DL E&C described its core strength as a “flywheel” structure in which AI continuously improves: data generated at sites sharpens AI analysis, and the results are fed back into operations. Work-order data accumulated during construction is linked to planning and decision systems to share risks in similar projects in advance and reduce recurring problems, it said. The company said it is expanding these AI and data capabilities across cost, quality, safety and design, and speeding adoption in new projects using data gathered from about 200 sites. It said the technology is also expected to support key decisions in major redevelopment projects, including Apgujeong District 5 and Mokdong Complex 6, such as comparing design alternatives, predicting risks, and optimizing schedules and costs. Industry observers said the presentation suggests DL E&C’s AI-driven push is extending beyond internal efficiency toward global competitiveness, as long-accumulated construction data is being tied to business performance in a sector long shaped by experience and intuition. A DL E&C official said the combination of years of data and AI technology has pushed the flywheel into a phase of full acceleration starting this year, adding that the company aims to position itself as a leader in changing how the construction industry operates. Separately, the Korea Construction Industry Research Institute said DL E&C is using AI in areas including BIM design packages and drone-based crack detection systems. While South Korean builders are expanding the use of drones, image analysis and robots to improve site safety and quality, the institute noted concerns that the domestic industry still lacks sufficient data infrastructure for AI to learn and make judgments.* This article has been translated by AI. 2026-04-28 10:34:12 -
Proposed National Infrastructure Framework Act Seen as Chance to Modernize Korea’s Infrastructure On April 6, lawmakers Song Seok-jun and Son Myung-soo introduced the proposed National Infrastructure Framework Act, joined by 36 members of the National Assembly. The bill focuses on building national-level governance for infrastructure, including setting strategy and carrying it out, as well as evaluation. As the bill notes, major countries have been moving aggressively to build and rebuild infrastructure. In the United Kingdom, the government announced in June 2025 a plan titled “UK Infrastructure: A 10 Year Strategy.” It lays out long-term investment and management for the next decade, covering transport, energy, water and digital infrastructure, as well as social infrastructure such as schools and hospitals, with the goal of boosting economic growth and improving quality of life. Australia, after establishing its Infrastructure Investment Program for 2024-2033 in 2023, has been pushing road and rail investment under federal leadership. The United States also set a massive $2.5 trillion infrastructure investment plan in 2021 under the Biden administration, and the second Trump administration has continued to pursue infrastructure investment, as it did in the first. Japan, Taiwan and other Asian economies are taking similar approaches. These efforts are not aimed only at fixing aging assets or generating short-term stimulus. Strategic infrastructure investment to upgrade a country’s core facilities has become a necessary task for the future, as competition intensifies in a global economy shaped by “country-first” policies. The need is also growing for investment tied to mid- and long-term goals amid rapid digitalization and climate-change response. In that context, the newly introduced bill is significant because it would provide a legal foundation for strategic investment, from planning to implementation and evaluation, through national governance. South Korea has not lacked large-scale infrastructure plans in the past: the 2017 Urban Regeneration New Deal, the 2019 plan to overhaul aging infrastructure and expand “living SOC” investment, the 2021 Digital New Deal 2.0, and a 2026 private investment plan worth 100 trillion won. National plans for major infrastructure such as roads, railways and ports are also regularly established under related laws. But many large investment plans have struggled to deliver results, often because responsibility was spread across multiple actors, making consistent execution difficult, and because projects were pushed down the priority list. Against that backdrop, building national governance and a clear legal basis has been an important task. South Korea’s infrastructure conditions make investment hard to delay, the author wrote. Aging is severe: more than half of all roads are already more than 30 years old. More than 50% of rail facilities exceed their designed service life, and 30% are more than 40 years old. Ports and airports are not much different. Demand is also rising to upgrade key infrastructure as digital technology and AI spread rapidly. Expanding economic infrastructure to foster industry has become central to creating new growth engines. The author said strategic infrastructure expansion is essential for regions facing accelerating population decline and weakening growth momentum. Fundamentally, national infrastructure is a core foundation tied not only to economic growth but also to quality of life and a safe living environment, the author wrote, arguing that government investment should be expanded continuously and systematically. A strategic approach is needed that considers aging infrastructure, future growth engines and balanced regional development at the same time. The bill’s introduction should lead to more concrete discussion and full-scale action on national infrastructure measures, the author said.* This article has been translated by AI. 2026-04-28 05:03:18 -
Non-Apartment Housing Supply Shrinks as Korea’s Market Tilts to Apartments Apartment-focused supply policy and market preferences are rapidly squeezing non-apartment housing on both the supply and demand sides. According to the Ministry of Land, Infrastructure and Transport on the 27th, nationwide housing permits totaled 379,000 units last year. Of those, non-apartment homes accounted for just 8.7%, or 33,061 units. Seoul had the highest non-apartment share at 15.5%, but of its 6,442 permitted units, multi-family homes made up 5,108, or 79%. The decline reflects a long-running structure in which both the private sector and the government favor apartments for efficiency, infrastructure and liquidity. As that preference has hardened, supply of non-apartment types such as detached, multi-household and row houses has effectively stalled. Broader supply indicators are also weakening. Total housing permits fell from 740,000 households in 2016 to about 410,000 recently, and Seoul’s permit volume has also dropped by about half. Because permits typically translate into move-ins three to five years later, analysts say a medium- to long-term supply decline is likely. Starts and presales have also fallen, tightening the pipeline across multiple stages. For builders, non-apartment projects offer thinner margins. Surging construction costs have raised burdens, and small-scale projects make it difficult to achieve economies of scale. With financing conditions worsening and tax burdens such as acquisition and comprehensive real estate taxes adding pressure, demand has also concentrated on owning a single apartment rather than multiple homes. Falling demand is reshaping the rental market. As more tenants avoid jeonse, preference has shifted toward monthly rent, putting upward pressure on monthly rents for non-apartment homes. Combined with a weakening apartment jeonse market, tenants’ housing costs are rising. The shift is also eroding the role non-apartment housing has played as a “housing ladder.” In the past, tenants often used jeonse in non-apartment homes to build savings before moving to an apartment. With the market moving toward monthly rent, asset-building has become harder, and housing burdens for vulnerable groups are increasing, critics say. Byun Chang-heum, a professor of public administration at Sejong University, said current rules on parking and sunlight rights mean “places where you can build have already been built out.” He added that “prices fall as demand declines, but regulations stay the same and construction costs rise, so the business case doesn’t work.” Byun said rising building costs have created a mismatch in which both supply and demand fail to align. He also said policies that convert non-apartment areas into apartments take a long time and face limits because alternatives for existing residents are insufficient. As an alternative, Byun proposed mid-rise, high-density housing. “In a structure split between low-rise neighborhoods and high-rise apartments, mid-rise high-density complexes can be a realistic option,” he said, calling for eased building, urban planning and parking rules and incentives to improve feasibility. He said the floor area ratio for redevelopment projects, now around 250%, should be raised to about 400%, along with institutional changes such as easing consent requirements. Park Won-gap, senior real estate specialist at KB Kookmin Bank, cited rising construction costs, financing difficulties and the fallout from so-called “underwater jeonse” as key factors behind the supply contraction. “To revive the non-apartment market, policy design should separate apartments and non-apartments,” he said. “Overall housing stability is possible only if the non-apartment market survives.” He added that expanding tax benefits for non-apartment housing could also be considered.* This article has been translated by AI. 2026-04-27 15:39:19 -
RSquare’s RA Real Estate Data Platform Expands Across Finance, Adds Decision Tools Commercial real estate data platform RSquare said its data solution, RA (RSquare Analytics), is spreading across the financial sector and moving beyond basic information to support investment decisions and risk management. RSquare said RA has added new customers including Hyundai Capital, a specialty finance company, as adoption broadens across finance. RA is now used by about 60 institutions, RSquare said, including major South Korean financial firms such as Samsung Securities, IGIS Asset Management, Koramco Asset Management and Hyundai Commercial, as well as global investors including GIC, DWS and PAG. RSquare said its cumulative customer base has surpassed 150 companies. RSquare said its annual revenue topped 200 billion won last year and cumulative transaction volume reached 17 trillion won. The company said it strengthened its data edge by collecting building information through on-the-ground surveys, covering 300,000 buildings in South Korea and 100,000 in Southeast Asia, including Vietnam, for a total of 400,000 properties. The company said it views the expansion as a signal of a shift toward a decision-making platform, noting that financial institutions are typically cautious about adopting new tools. RSquare said RA is being used in core workflows including investment review, asset management and risk management. RSquare said RA’s strength is field-verified data. Dedicated staff visit buildings to gather information such as rents, vacancies and tenant details, then cross-check it with public data and in-house research and update it continuously, the company said. The platform provides time-series data on key indicators including rents, vacancy rates, transaction prices, tenant mix, lease expirations and comparable deals. It also offers map-based location analysis, district comparisons and market-trend visualizations to support investment decisions. In March, RSquare added a corporate analysis function that combines financial, corporate registry and disclosure information for 2.5 million companies. RSquare said the feature allows users to review corporate distribution by area, industry composition, revenue growth, employment changes and headquarters relocation trends, enabling more detailed analysis of office demand and shifts in industry. RSquare said it is also expanding ESG data. RA plans to launch a green-building information service in the first half of the year that integrates building data for G-SEED and LEED certifications. RSquare said investors will be able to check global-standard sustainability data including projects by country, certification level and certification timing. “As green certification becomes a key benchmark for global capital’s investment decisions, we are expanding into infrastructure that supports sustainability decision-making,” the company said. RSquare said commercial real estate data platforms are evolving beyond price information to cover urban economies, capital flows and ESG standards, shifting from building-only analysis to data-driven investing that also considers the companies inside buildings and future value. Park Dae-gwang, head of RA planning, said corporate growth and relocation are key variables directly tied to office demand. “RA is evolving into a platform that combines corporate and real estate data, covering everything from market analysis to investment decision-making,” he said. RSquare said it also plans to roll out a retail sales-based trade-area analysis service and an AI-based automated valuation model, or AVM, in the second half of the year.* This article has been translated by AI. 2026-04-27 11:21:17 -
Seoul, Incheon and Gyeonggi Show Diverging Trends in Capital Area Apartment Auctions Apartment auctions in the Seoul metropolitan area showed mixed signals in the fourth week of April, with a higher win rate but a lower winning-bid ratio, widening gaps by region. GG Auction, a court and public auction platform, said April 24 that it analyzed apartment auction trends for April’s fourth week (April 20-24). The number of auctions held was 366, down about 8% from 397 the previous week, but stayed above 300 for a third straight week. The win rate rose to 39.3% from 33.0%, up 6.3 percentage points. The winning-bid ratio fell to 85.0% from 93.6%, down 8.6 points and below 90% for the first time in six weeks. The average number of bidders was unchanged at 5.6. In Seoul, the win rate surged while prices eased. Seoul’s win rate jumped to 80.0% from 47.2%, which GG Auction attributed to fewer listings. But the winning-bid ratio dropped to 89.5% from 107.8%, down 18.3 points to the year’s lowest level, as less-preferred properties such as stand-alone complexes sold in the 70% range and pulled down the average. Still, demand held up for some properties. Singil Xi in Singil-dong, Yeongdeungpo-gu, a relatively new apartment priced under 1.5 billion won, posted a 109.1% winning-bid ratio. Ultra-high-priced Gangnam-area complexes, including Banpo Xi in Banpo-dong, Seocho-gu, averaged above 105%. Seoul’s average number of bidders fell to 5.9 from 7.0, the lowest in four weeks. In Incheon, both the win rate and winning-bid ratio edged down, but competition intensified. The win rate slipped to 21.9% from 25.8%, and the winning-bid ratio eased to 79.0% from 79.6%. The average number of bidders jumped to 6.7 from 4.0, the highest in 10 weeks. A small apartment near a subway station in Yeonsu-dong drew 20 bidders. Gyeonggi Province posted a steadier pattern, with a higher win rate and a lower winning-bid ratio. The win rate rose to 42.0% from 32.8%, up 9.2 points, while the winning-bid ratio fell to 83.4% from 87.0%, down 3.6 points. Nonregulated areas such as Suwon’s Gwonseon-gu, Gwangju and Yongin’s Cheoin-gu ranked near the top in winning-bid ratios, suggesting demand concentrated there. The average number of bidders held near the prior week at 5.3. * This article has been translated by AI. 2026-04-24 16:45:19