Seoul Officetels Top 300 Million Won
5 articles from 1 country
The average sale price for mid-to-large sized officetels in Seoul has surpassed 300 million won in the second quarter of 2026. This marks a significant increase, with specific areas like Hwaseong Dongtan leading a national surge in apartment prices. Despite a 30% rise in Seoul's jeonse listings over two months, the rental market shows no signs of relief.
Seoul Apartment Market Cools as Permit Applications Drop, Prices Still Rise
- Seoul's apartment market is experiencing a wait-and-see attitude, leading to a significant decrease in land transaction permit applications. - Applications in the affluent Gangnam 3 districts and Yongsan district dropped over 20% in a month. - Despite fewer transactions, the price of apartments for which permits were applied continues to rise, particularly in the southwestern districts.
Seoul apartment land transaction applications drop for 3rd month, price hikes slow
- Applications for land transaction permits in Seoul apartments have decreased for three consecutive months. - The rate of increase in apartment prices also slowed significantly in July. - This trend …
Seoul Metro Area to Add 230,000 Homes, Mostly Publicly Built
- The South Korean government announced a new housing supply plan for the Seoul metropolitan area, aiming to add over 230,000 units. - The plan relies heavily on public housing development, with 75% o…
Democratic Party's Hesitant Real Estate Politics [Morning Sunlight] | Hankyoreh | South Korea | August 14, 2026 | Hankyoreh (KR)
- A senior Democratic Party lawmaker expressed concern that the party's upcoming leadership election is focused on short-term gains rather than long-term strategy, especially given the government's co…
South Korea to Supply Over 230,000 Homes in Seoul Metro Area, Accelerating Projects
- South Korea's government plans to supply over 230,000 housing units in the Seoul metropolitan area, including new sites in Gangseo, Namyangju, and Gwangju. - The plan aims to stabilize the real esta…
