Gyeonggi apartment demand shifts toward unregulated districts after property controls tighten

  • Byeongjeom and Dasan-dong apartment markets gained as buyers shifted from newly regulated neighboring districts.
  • Byeongjeom prices rose 1.31% in July, while a Dasan Lotte Castle unit rose 265 million won in 40 days to 1.245 billion won.
  • Dongtan, Guri, Yongin's Giheung-gu and other designated areas faced tighter controls, while Byeongjeom and Dasan-dong remained outside those restrictions.

Apartment prices and buying activity accelerated in Byeongjeom, Hwaseong, and Dasan-dong, Namyangju, as government property controls in nearby Dongtan, Guri and other Gyeonggi areas redirected demand toward districts that remained outside the designations. Byeongjeom prices rose 1.31% in July, while an 84.97-square-meter Dasan Lotte Castle unit gained 265 million won in 40 days to reach 1.245 billion won on August 21. Both districts benefited from transport links, nearby employment or commercial infrastructure and, in Dasan-dong, comparatively higher loan-to-value limits and the ability to use a tenant's jeonse deposit, although metropolitan-area mortgage rules still applied.

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