Last year, 9 out of the 11 apartment complexes where fraudulent subscriptions were detected were located in the metropolitan area. In particular, there were many cases of 'address transfer' for popular apartment complexes in the Gangnam area of Seoul, where individuals moved their address to homes where they did not actually reside to win the subscription.
According to data received from the Ministry of Land, Infrastructure and Transport by Park Yong-gap, a member of the Democratic Party of Korea on the National Assembly's Land, Infrastructure and Transport Committee on the 20th, a total of 11 nationwide apartment complexes were reported for over 13 cases of fraudulent subscriptions last year. Among these, 9 were located in the metropolitan area, excluding Daejeon and Asan in South Chungcheong Province.
Looking at the locations of complexes with a high number of fraudulent subscription cases, Seocho-gu in Seoul had the highest number with a total of 87 cases. This was followed by Gwacheon with 51 cases, Seongnam with 51 cases, and Songpa-gu in Seoul with 35 cases. Most of these were 'lotto subscription' complexes where the selling prices were significantly cheaper than the surrounding market prices.
In the 'Raemian LEEL' in Seocho-gu, which was called 'lotto subscription' due to an expected market price profit of over 2 billion won if winning, 41 out of 292 general subscription units were identified as fraudulent subscriptions (14%). The average competition rate for first priority subscriptions for this apartment rose to 527 to 1. In 'Cheongdam LEEL', which was sold in Gangnam-gu, Seoul last September, all 15 detected cases were identified as address transfers.
Recently, the occurrence of winning subscriptions by inflating the number of dependents, such as transferring parents' addresses, has been increasing. In response, the government is strengthening checks on subscription practices. The Ministry of Land, Infrastructure and Transport has been examining fraudulent subscriptions more meticulously than before by confirming three years' worth of health insurance payout details for households that won subscriptions since the second half of last year to determine whether an address transfer occurred.