In recent years, a number of district areas have been designated as speculative and placed under various restrictions on purchasing or selling apartments. This was done to prevent a bubble and slow down price increases. However, the previous government only managed to control apartment prices in Seoul and Sejong for about three months after taking office. As a result, apartment prices continued to rise in the rest of the country. Find out:https://sejongrealtor.com/

The decision of the ruling party to move the Blue House, National Assembly, and key ministries in Seoul to Sejong City triggered a rush for real estate. In just a few weeks, the newly built Xi apartment complex in Jochiwon saw inquiries skyrocket. But even though the market is thawing, some realtors say the activity will probably not translate into sales.

Understanding the Benefits of Hiring a Realtor in Sejong

A special housing supply program was introduced to help government workers relocating to Sejong buy homes. But experts say the system is flawed. Since the ministry employees who were the first to relocate to Sejong have already bought their own homes, young ministry employees hired recently are not eligible for the program and have to search for rental apartments on their own.

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