40:1 competition ratio for the first recruitment of reassuring lease for sale conversion type...Up to 1,599:1

As a result of recruiting residents of the 'sale conversion type reliable lease house' first introduced last month, the average competition rate was 40:1.

LH said 31,008 people applied for recruitment of 774 units in nine regions across the country, and 19,898 people applied for recruitment of 64 units in particular in Seoul, recording the highest competition rate of 311:1.

In Seoul, the highest competition rate was Gwangjin-gu, attracting 1,599 people to recruit one household.

The conditions are that the sale conversion-type reliable lease house can be supplied to the homeless middle class at a lease of less than 90% of the surrounding market price, and can be sold after six years of residence.

The sale price is the average value of the building's appraised value at the time of moving in six years ago and the building's appraised value at the time of the sale, which is cheaper than the neighboring houses of the same level.