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Private Apartment Supply in South Korea Reaches 15,182 Units in June, Doubling from Previous Month

Sim Useop

Published : Jul 8, 2026 4:37 PM


As apartment presale schedules, which had been postponed ahead of the June 3 local elections, were resumed, the supply of private apartments in June more than doubled compared to the previous month.

According to an analysis of data from the Korea Real Estate Board's subscription website, CheongyakHome, by Real House, a company specializing in presale evaluations, 15,182 private apartment units were newly supplied across 27 complexes nationwide in June.

This represents a 108.4% increase from the 7,284 units supplied in the previous month. While the number of complexes remained similar to the 26 recorded in May, the total supply increased due to the inclusion of six large-scale complexes with over 1,000 units each.

The largest supply came from The Sharp Geomdan Lake Park in Incheon's Geomdan New Town, with a total of 2,857 units across AB22 (1,454 units) and AB23 (1,403 units). Other large-scale projects included Pentahills W Complex 1 in Gyeongsan, Gyeongbuk (1,712 units), Bukosan Xi Deforet in Osan, Gyeonggi (1,517 units), and Gimhae Sinmun Central IPARK in Gimhae, Gyeongnam (1,379 units).

In Seoul, the Jangwi Prugio Mark One in Seongbuk-gu (1,032 units) accounted for 85% of the total 1,209 general supply units.

The average presale price per square meter for private apartments nationwide in June reached a record high, rising 0.25% from the previous month to 8.57 million won based on a 12-month moving average.

By region, Jeju saw the largest increase, with prices rising from 6.94 million won to 8.55 million won, while Seoul saw a decrease from 24.22 million won to 23.50 million won compared to the previous month.

The presale price for a standard apartment in Seoul (84 square meters of exclusive area) also fell by approximately 160 million won to 1.95423 billion won, compared to 2.11608 billion won in the previous month.

Kim Sun-ah, head of the presale analysis team at Real House, stated, "While supply has recovered as postponed presale schedules resumed, cost burdens remain high due to rising oil prices and exchange rates." She added, "Pressure for higher presale prices is expected to continue for the time being, centered on areas with proven demand, such as Seoul and its adjacent regions."