Godeok Gangil, Gyeonghuigung Epit among highlights as 38,000 apartments set for pre-sale in October

More than 38,000 apartments are scheduled to go on pre-sale across South Korea in October, a more than 60 percent increase from the same month last year, with the Greater Seoul area accounting for more than half of the total supply.

According to a survey by real estate platform Zigbang released Monday, 50 complexes totaling 38,032 units are set for pre-sale nationwide in October 2026. That is 14,365 units, or 61 percent, more than the 26 complexes and 23,667 units offered in the same month last year. General pre-sale units are expected to reach 32,133, up 13,731 units, or 75 percent, from 18,402 units in October last year.

Supply is concentrated in the Greater Seoul area, which will account for about 65 percent of the national total, with 24,618 of the 38,032 units nationwide. By region, Gyeonggi Province leads with 23 complexes and 16,043 units (14,496 general pre-sale units), followed by Incheon with 7 complexes and 6,921 units (5,504 general pre-sale units), and Seoul with 5 complexes and 1,654 units (1,366 general pre-sale units). Fifteen complexes totaling 13,414 units are planned in non-metropolitan regions.

In Seoul, upcoming pre-sales include 500 units at Godeok Gangil 3rd Complex Land-Lease Pre-sale and 590 units at Godeok Gangil 3rd Complex 2nd Phase Land-Lease Pre-sale, both in Gangil-dong, Gangdong-gu, as well as 228 units at Gyeonghuigung Epit in Gyonam-dong, Jongno-gu, and 176 units at Junghwa Station Raon Private Centro in Junghwa-dong, Jungnang-gu.

Gyeonggi Province will see a total of 23 complexes and 16,043 units come to market. Projects include Hwaseong Hyangnam Lotte Castle Signature with 1,542 units in Hyangnam-eup, Hwaseong; Gyeonggi Gwangju Station Lotte Castle Signature 2nd Complex with 1,249 units in Ssangnyeong-dong, Gwangju; Hanwha Forena Jije Station with 1,098 units in Segyo-dong, Pyeongtaek; Elif Godeok Central High with 996 units in Godeok-dong, Pyeongtaek; Arcme Dongtan (M1-2-2 Block) with 996 units in Bansong-dong, Dongtan-gu, Hwaseong; and Armuze Xi with 984 units in Seongpo-dong, Sangnok-gu, Ansan.

In Incheon, seven complexes totaling 6,921 units are planned, including Sangok Station Xi Hillstate & Hanulchae with 2,706 units in Sangok-dong, Bupyeong-gu; Cheongna Arc One Prugio with 868 units in Cheongna-dong, Seohaegu; Geomdan Centrevill Grand Foret with 843 units in Oryu-dong, Geomdan-gu; and Incheon Yeongjong A62 with 802 units in Unnam-dong, Yeongjong-gu.

Among non-metropolitan regions, South Chungcheong Province leads with 4,291 units, followed by Busan with 3,224 units, North Chungcheong Province with 2,663 units, South Jeolla Province and Gwangju with 2,299 units, Daejeon with 673 units, and Gangwon Province with 264 units.

Meanwhile, this month, 20,062 of the originally planned 22,704 units proceeded to actual pre-sale, representing about 88 percent of the scheduled supply — higher than the August pre-sale completion rate of 68 percent. General pre-sale units also performed well, with 16,883 of the planned 18,643 units coming to market, a completion rate of about 91 percent.

Kim Eun-seon, head of Zigbang's big data lab, attributed the higher September pre-sale completion rate to a combination of factors: continued housing price gains and apartment subscription demand centered on the Greater Seoul area, complexes that had previously adjusted their timelines due to market conditions and project circumstances finally moving forward, and scheduled supply proceeding largely as planned.

"As the number of options increases, the criteria for deciding whether to subscribe will become even more important," Kim added. "While housing prices continue to rise, particularly in the Greater Seoul area, the financial burden from interest rates and lending conditions remains significant. Buyers are expected to weigh not only regional market conditions, surrounding market prices, pre-sale prices and location, but also their actual financing situation before committing to a subscription."