Next month, the number of apartments scheduled for move-in in the Seoul metropolitan area will decrease to about 4,000 households.
According to real estate platform Zigbang, the nationwide apartment move-in supply for next month is tallied at 11,559 households, a 30 percent decrease from this month.
In particular, the Seoul metropolitan area will see a 49 percent drop, falling from 7,924 households this month to 4,031 households next month.
Seoul will account for a mere 488 households across three complexes, while Incheon has no scheduled move-ins.
On the other hand, Gyeonggi Province has around 3,500 households gearing up for move-in, centered around the semiconductor belt including Pyeongtaek, Icheon, and Yongin.
Those interested in real estate should pay attention to how this supply reduction will impact jeonse (lump-sum housing deposit lease) listings.
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