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What Factors Make Different Impacts on Units Unsold by Presale or Unsold Completed Units?

이의준 1 김경민 1

1서울대학교

Accredited

ABSTRACT

Depression of Housing market along with global financial crisis is becoming an international issue, and South Korea and Seoul Metropolitan Area is also not an exception. Interestingly, the quality of unsold new apartment is differented between si, gu and gun in seoul-metro area. Besides, The pattern of unsold apartment is differented between unsold by presale and unsold completed units. Paying attention to this point, we perform Hot-Spot analysis and estimates coefficient based on 66 counties penal-data from 2001 to 2009. Result of this analysis shows that factor which causes unsold units is different depend on presale and unsold completed units. In addition, each hotspot pattern of Si Gun Gu (city, county, district) is observed to be different as well. In conclusion, Based on understanding about unsold by presale and unsold completed units, In conclusion, it is needed to come up with diffrentiated measure based on understanding of state of unsold apartments status in both period, before and after construction.Measure to settle unsold apartment issue in the metropolitan area is also needed to be prepared.

Citation status

* References for papers published after 2022 are currently being built.