For villa jeonse leases, a deposit above 126% of the government-assessed value is effectively barred from HUG's deposit return guarantee. The figure comes from 140% of assessed value multiplied by a 90% collateral recognition ratio.
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Registering a Seoul home with a taxable standard value of 500 million won requires buying 13 million won of National Housing Bonds. Sell them back immediately at a 10% discount rate and the real cost is 1.3 million won — but it ranges from 650,000 to 2.21 million.
Exercising the lease renewal right caps a deposit increase at 5% of the previous amount — 20 million won on a 400 million won jeonse. Converted to monthly rent at the statutory 5.00% rate in September 2026, that works out to 83,333 won a month.
Gukmin jutaek (public housing) ranks applicants by deposit count; minyeong jutaek (private housing) by total account balance. Running three saving patterns through both sets of rules shows where the same account qualifies for one and fails the other.
Resale restrictions on apartment pre-sale rights run within a 10-year cap, split by region and type. Metro-area speculation zones and price-cap public land face 3 years, metro-city urban areas 6 months, and elsewhere none.
Yongsan redevelopment and Seoul's 2031 supply plan are converging in H2 2026. Yet transactions fell after the capital gains surcharge, wait-and-see sentiment deepened, and prosecutors are cracking down on speculation. This post lays out criteria for evaluating a cheongyak application.
For villa jeonse leases, a deposit above 126% of the government-assessed value is effectively barred from HUG's deposit return guarantee. The figure comes from 140% of assessed value multiplied by a 90% collateral recognition ratio.
Registering a Seoul home with a taxable standard value of 500 million won requires buying 13 million won of National Housing Bonds. Sell them back immediately at a 10% discount rate and the real cost is 1.3 million won — but it ranges from 650,000 to 2.21 million.
Exercising the lease renewal right caps a deposit increase at 5% of the previous amount — 20 million won on a 400 million won jeonse. Converted to monthly rent at the statutory 5.00% rate in September 2026, that works out to 83,333 won a month.