Daegu Subscription Ratio Hits 101:1 as Regional Housing Demand Reappears

This year, regional apartment presale markets in South Korea have seen a series of double-digit subscription ratios, and Daegu, once called a “graveyard of unsold homes,” has now posted a triple-digit result. Beomeo Station Park Dream Dior in Daegu recorded an average subscription competition ratio of 101 to 1. Earlier, Jeonju and Cheonan also showed double-digit competition, pointing to a shift in sentiment in regional presale markets. The rise in jeonse prices is cited as a key backdrop. As rental deposit burdens increase, some demand appears to be moving toward purchases. The original report focused on stronger subscription ratios and purchase conversion, rather than concluding that the regional housing market has bottomed. Source: mk.co.kr