[Exclusive] Gwangju’s Champions City apartments priced at up to 870 million won, below 1 billion-won expectations
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
- The 84-square-meter apartments at All New Champions City in Gwangju have been priced at 700 million to 870 million won, depending on the floor.
- Some in the real estate industry had expected prices to exceed 1 billion won, but the average finalized price is about 800 million won.
The standard 84-square-meter apartments at Gwangju’s anticipated new landmark, All New Champions City, will cost between 700 million and 870 million won.
The finalized prices fall below predictions from parts of the real estate industry that the apartments could exceed 1 billion won. Low-floor units are priced in the 700-million-won range.
The average price is about 800 million won, equivalent to roughly 23.5 million won per 3.3 square meters.
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.