Seoul’s apartment presale market is reviving after a prolonged supply drought, with 12 complexes scheduled to accept applications in November and December. The projects contain 9,008 units, including 3,750 for general buyers, more than six times the 593 units offered across two complexes during the same period last year. DH Banpo 124 in Seocho-gu is drawing the strongest interest, with 1,801 units scheduled for first-priority applications on Dec. 8. Its 84-square-meter homes are expected to be priced at about 3 billion won, compared with recent transactions of 5.7 billion won to 6.28 billion won for similar nearby homes, implying potential paper gains of 2 billion won to 3 billion won. Other projects include Seocho Lotte Castle Art Palace, Buk Seoul Hanulchae Signif, Gyeonghuigung Effite, Jungnang Station Raon Private Centro, Harrington Place Jangwi Foret and Elif. Seoul apartment applications have averaged 60 to 1 this year, as limited new construction, few unsold homes and the price cap support demand for new presales.