This is a large apartment complex with approximately 1,300 households in Dangsan-dong, Seoul, close to the express train stations on Subway Lines 2 and 9. In August, an 84㎡ unit was sold for 1.74 billion won, the highest price in the past three years. However, inquiries for purchase decreased significantly in September, and early this month, a low-rise apartment with the same size was sold for 1.62 billion won. [Oh Sang-cheol/Certified Real Estate Agent, Dangsan-dong, Seoul: Transactions have decreased significantly since September. They have blocked loans for jeonse deposits for 'gap investment'. So you can't buy it. You have to have 100% of the money to buy it, but that's not possible either.] Last month, apartment sales transactions in Seoul plummeted 34.9% in one month. It is the largest decline since July 2022. The number of jeonse transactions also decreased by 13%. The analysis is that this is because the financial authorities implemented the Stress DSR Level 2 in September, which further tightened the loan limit, and banks raised their lending thresholds by raising the additional interest rate and banning conditional jeonse loans. As a result, demand shifted toward monthly rent, and the Seoul apartment monthly rent index hit its highest level since statistics were first compiled. In the case of this apartment in Dogok-dong, Seoul, a monthly rent contract for an 84㎡ unit with a deposit of 800 million won was signed in mid-month for 3.2 million won, which is 800,000 won more than in June. [Park Won-gap/Senior Real Estate Specialist, KB Kookmin Bank: This can be seen as a steep increase in the trend toward monthly rent, and from the perspective of ordinary citizens, the burden of monthly rent that they have to pay may increase.] The proportion of apartment transactions under 900 million won, which can be used to borrow government policy funds, is increasing for the same reason. As commercial banks continue to implement lending restrictions, such as raising lending rates and reducing the maturities of housing loans, the market sentiment is expected to remain similar for the time being even if the Bank of Korea lowers interest rates next month. ☞More information https://news.sbs.co.kr/y/?id=N1007856411 ☞[News Video] Article Collection https://news.sbs.co.kr/y/t/?id=100000... #SBSNews #Apartment #HousePrice #Loan #RealEstate ▶Subscribe to SBS News Channel: https://n.sbs.co.kr/youtube ♨Discuss Hot Issues Now (Subscribe to SP): https://premium.sbs.co.kr ▶SBS News Live: https://n.sbs.co.kr/youtubeLive, https://n.sbs.co.kr/live ▶Report SBS News Homepage: https://n.sbs.co.kr/inform Application: Install the 'SBS News' app and report - https://n.sbs.co.kr/App KakaoTalk: Become friends with 'SBS News' and chat - https://pf.kakao.com/_ewsdq/chat Facebook: Send a message to 'SBS News' - / sbs8news Email: [email protected] Text # and 6000 Phone: 02-2113-6000 Homepage: https://news.sbs.co.kr/ Facebook: / sbs8news X (formerly Twitter): / sbs8news Kakao Talk: https://pf.kakao.com/_ewsdq Instagram: / sbsnews Copyright Ⓒ SBS. All rights reserved. Unauthorized reproduction, redistribution, and use of AI learning are prohibited.