Nearby non-regulated apartments expected to benefit from Dongtan, Giheung regulations

South Korea's recent designation of Dongtan and Giheung in Gyeonggi Province as regulatory zones is redirecting real estate interest toward neighboring non-regulated areas. The Ministry of Land, Infrastructure and Transport tightened regulations on subscriptions, loans, and transactions in these areas, prompting a market analysis that suggests demand is shifting to non-regulated zones like Yongin's Cheoin District and Pyeongtaek. Evidence of this shift appears in recent apartment price trends. In the second week of July, Hwaseong Dongtan's apartment price increase rate slowed to 0.73%, down from 1.46% in late June before the regulations were announced. Conversely, Hwaseong Byeongjeom saw its price increase rate nearly double to 0.32% from 0.16% in late June. Other non-regulated areas like Suwon's Gwonseon and Osan also experienced price upticks. Developers are responding by launching new projects in these favorable locations. Dongil Construction plans to offer 'Yongin Semiconductor Cluster Dongil Highville Park Valley' in Yongin's Cheoin District in August, featuring 1,250 units with the first phase offering 589 units. This project benefits from its proximity to the SK Hynix Yongin semiconductor cluster, offering a strong live-work advantage and subject to the housing price cap system. Hyundai Engineering & Construction will launch 'Hillstate Godeok List' with 2,122 units in Pyeongtaek's Godeok International New Town, while a DL E&C consortium will offer 1,225 units in the same area.