Pyeongantu Real Assets · Growth × Liquidity · 2026-05-17 KST

Jamsil Els
Growth × Liquidity HTML Report

Bottom line: Jamsil Els has both core location quality and visible transaction liquidity. The issue is not whether it is a representative Jamsil complex; it is whether the entry price leaves enough room after financing, rates, and the sale-versus-jeonse gap. Current classification: waitlist, with core-candidate status only under price and liquidity discipline.

WAIT
Decision

Conclusion first

Waitlist Representative Jamsil complex Read transactions and jeonse before price

Asset / location
Core

Jamsil-dong 19, 99 Olympic-ro. A 5,678-household, 72-building complex with school, retail, Han River, and Jamsil life-zone access.

Price
High

Recent brokered 84㎡ sales sit around KRW 3.375-3.40bn, while new jeonse prints are around KRW 1.25-1.40bn.

Timing
Selective

149 sales and 946 lease records over 12 months show depth, but direct-deal and renewal-contract filters matter.

Growth Score
8.4 / 10

Jamsil life-zone, school and retail access, Han River proximity, and large-complex scarcity.

Liquidity Score
7.6 / 10

149 sales and 946 lease records over 12 months make liquidity visible for a high-price asset.

Price Discipline
5.8 / 10

The asset quality is clear; financing and jeonse support must justify the entry price.

Candidate Grade
Wait

Core candidate, but only with a specific unit, floor, orientation, jeonse support, and financing setup.

Growth × Liquidity Map

Strong asset quality and strong liquidity, but price margin is separate

Good asset · liquidity pendingCore candidate zoneWatch / hold offPrice-conditioned end-userLiquidity / financing / transactions / jeonse →Growth / location / scarcity →Jamsil Els: Growth 8.4 · Liquidity 7.6Jamsil peer setPrice margin still waitlist
84㎡ Gap Check

Jeonse-based equity burden

A simple comparison between recent brokered 84㎡ sales around KRW 3.375-3.40bn and new jeonse prints around KRW 1.25-1.40bn, before adjusting for building, floor, orientation, and interior condition.

Jeonse 1.25-1.40bn
Gap 1.9-2.1bn
Sale 3.3-3.4bn
84㎡
84㎡ sale referenceKRW 3.375bn · 2026-04-23 · 12F · brokered
84㎡ jeonse referenceKRW 1.40bn · 2026-05-14 · 22F · new
Simple gapAbout KRW 1.98bn

Jamsil Els has much deeper sale and rental liquidity than ultra-prime thin-sample assets, but high-end financing sensitivity remains material.

Google Maps · Location

Use the real map first: Jamsil Els sits on the Jamsilsaenae · Sports Complex · Jamsil Station axis

This section embeds Google Maps so readers can check the actual road network, Han River access, station spacing, schools, and retail anchors directly.

AddressJamsil-dong 19 / 99 Olympic-ro, Songpa-gu, Seoul
Location readA large complex using the Jamsilsaenae, Sports Complex, Jamsil Station, and Han River life-zone
How to read itZoom the embedded map to verify stations, schools, retail, roads, and river access directly
Open larger Google Maps →

If the embedded map is blocked, open the link above in a new tab.

Complex Snapshot

Complex profile

LocationJamsil-dong 19 / 99 Olympic-ro
Approval2008-09-30
Scale72 buildings · 5,678 households · up to 34F
Parking7,455 spaces · 221 EV chargers
DistrictSchools, Lotte retail, Han River, Songpa-gu office access
Transaction Pulse

Sale / jeonse signal

12-month sales149
12-month leases946
84㎡ sales98
84㎡ pure jeonse322
Read-throughGood price discovery, but direct deals and renewals must be filtered
Peer Context

Jamsil peer caveat

Jamsil Els should be compared with Ricenz, Trizium, Parkrio, and Jamsil Jugong 5, but redevelopment optionality makes Jugong 5 a different underwriting case.

  • Els, Ricenz, and Trizium require school, station, retail, and complex-scale comparisons.
  • Jugong 5 carries redevelopment optionality rather than the same current-use valuation logic.
  • Repeated same-area transactions and new jeonse prints matter more than broad Jamsil headlines.
Action Rules

Wait / core / review conditions

The action rules are presented as responsive cards rather than a narrow table, so the condition and action remain readable on mobile.

Wait

Strong complex, no price chasing

Liquidity is deep, but the 84㎡ equity gap is near KRW 2.0bn and financing burden is high.

Action: underwrite exact unit, floor, orientation, and new-jeonse support.
Upgrade to core

When jeonse and brokered trades confirm together

Repeated brokered trades line up with rising new-jeonse support and easier rates/lending conditions.

Action: review as a core Jamsil candidate, but only with price discipline.
Re-check

Delay if jeonse weakens and volume thins

New jeonse weakens, sale volume slows, direct low prints increase, or lending rules tighten.

Action: delay timing despite the complex’s asset quality.
Risk / Bias Check

Counterpoints to keep visible

These counterpoints now sit below the action rules as a full-width review block instead of being forced beside them.

Representative-complex biasA famous complex can still be a poor entry if price outruns financing support.
Direct-deal distortionThe KRW 3.10bn 84㎡ print on 2026-04-30 is marked as a direct deal and should not be blended casually.
Renewal-jeonse distortionRenewal and new lease prints are mixed; new jeonse gives the cleaner support signal.
High-price liquidityDSR, taxes, rates, and lending caps can shrink the marginal buyer pool.
Evidence Table

Sources and limits

ItemObserved public dataSourceConfidence / limit
LocationJamsil-dong 19, Songpa-gu, Seoul / 99 Olympic-roPublic apartment informationPublic-data read. Re-check cancellations, registration status, direct deals, floor/orientation, and interior condition before final underwriting.
Scale72 buildings, 5,678 households, up to 34 floors, approved on 2008-09-30Public apartment informationPublic-data read. Re-check cancellations, registration status, direct deals, floor/orientation, and interior condition before final underwriting.
Parking / product7,455 parking spaces, 221 EV chargers, stairway layout and district heatingPublic apartment informationPublic-data read. Re-check cancellations, registration status, direct deals, floor/orientation, and interior condition before final underwriting.
Schools / districtMultiple nearby elementary and middle schools plus Lotte, Han River, and Songpa-gu office life-zone accessPublic apartment informationPublic-data read. Re-check cancellations, registration status, direct deals, floor/orientation, and interior condition before final underwriting.
Sale sample149 Jamsil Els sale transactions from MOLIT RTMS for Songpa-gu code 11710, 2025-06 through 2026-05MOLIT apartment sale transaction APIPublic-data read. Re-check cancellations, registration status, direct deals, floor/orientation, and interior condition before final underwriting.
Lease sample946 rent/jeonse records over the same period; 322 pure-jeonse samples in the 84㎡ bandMOLIT apartment rent transaction APIPublic-data read. Re-check cancellations, registration status, direct deals, floor/orientation, and interior condition before final underwriting.
84㎡ salesRecent brokered 84㎡ transactions include KRW 3.375bn on 2026-04-23 and KRW 3.40bn on 2026-04-13; a KRW 3.10bn print on 2026-04-30 is marked as direct dealMOLIT apartment sale transaction APIPublic-data read. Re-check cancellations, registration status, direct deals, floor/orientation, and interior condition before final underwriting.
84㎡ jeonseRecent pure-jeonse prints include KRW 1.40bn new on 2026-05-14, KRW 1.30bn/1.25bn new on 2026-05-13, and KRW 1.35bn new on 2026-05-11MOLIT apartment rent transaction APIPublic-data read. Re-check cancellations, registration status, direct deals, floor/orientation, and interior condition before final underwriting.
Final Takeaway

One-line read

Jamsil Els sits above pure watchlist and belongs on the waitlist. Liquidity is real and the complex is representative, but the 84㎡ equity gap and high-end financing burden make disciplined selection more important than chasing the headline price.

한국어 원문 보기 →

Source-use standard: preliminary public-data analysis based on public apartment information and MOLIT transaction APIs. Re-check cancellation, registration, direct-deal status, new-versus-renewal jeonse, and financing terms before final underwriting.